This course will enable the students to -
Course Outcomes (COs):
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
PAPER CODE |
Paper Title |
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MIB 325 |
International Logistics Management
|
CO 111: Comprehend the basic framework of international trade logistics and preliminary requirements after receiving export order
CO 112: Evaluate the need and benefits of warehousing and inventory management in international trade
CO 113: Understand the applied concepts of packing, packaging, marking, labeling and containerizing the trade merchandise
CO 114: Analyse the role of air transport in international trade
CO 115: Analyse the role of ocean transport in international trade |
Approach in teaching: Interactive Hours, Group Discussion, Tutorials, Case Study
Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Introduction to International Trade Logistics:
Concept, Importance of Trade Logistics Services, India’s Logistical Challenges
Information & Order Processing
Logistics Information System, Logistics Operations Management, Acknowledgment, Scrutiny and Confirmation of Export Order
Warehousing and Inventory Management:
Concept, Need and Functions of Warehousing
Warehousing in India (in Brief)
Features and Benefits of Free Trade and Warehousing Zones 2005 Scheme under SEZ Rules 2006
Types of Inventory in International Logistics, Inventory Management Techniques
Packing, Packaging, Labelling and Marking of Cargo
Packaging vs Packing of Goods, Need for Packaging, Objectives of Labelling and Marking, Commonly used Labels and Markings, Precautions in Packing, Labelling and Marking (Colour, Number and Shape)
Containerization: Concept, Advantages and Disadvantages
International Transport System:
Air Transport:
Factors affecting choice of Airfreight Transport, Procedure Involved in Airfreighting Cargo, Challenges for Indian Air Cargo Sector
Ocean Transport:
Factors determining Ocean Routes, Types of Shipping Vessels
Liner Shipping: Concept, Causes and Impact of alliances in Liner Shipping
Liner Freighting Practices: Types of rates, Pricing Principles and Surcharges.
Tramp Shipping: Concept,Features, Types of Chartering- Voyage, Time, Bareboat Charter
Tramp Chartering Practices: Charter party Agreements and their main clauses- Voyage and Time.
*Case studies related to entire topics are to be taught.
(Latest editions of the above books are to be referred)