International Logistics Management

Paper Code: 
MIB 325
Credits: 
4
Contact Hours: 
60.00
Objective: 

Purpose of this paper is to familiarize students with the basic concepts and procedures involved in collection, assembly, packaging and dispatch of trade cargo.

12.00
Unit I: 
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

12.00
Unit II: 
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

12.00
Unit III: 
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

12.00
Unit IV: 
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

12.00
Unit V: 
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.

Essential Readings: 

Ram Singh, “International Trade Logistics”, Oxford University Press
• V.V.Sople, “Logistics Management”, Pearson
• IGNOU International Logistics Module.
• Francis Cherunilam: International Business.
• S K Nandi & S L Ganpathi, “Logistics Management”, Oxford University Press
• Y H V Lun, K H Lai & TCE Chang, “Shipping and Logistics Management”, Springer
• C Rama Gopal, “ Export Import Procedures – Documentation and Logistics”, New Age International Publishers
• P. Subba Rao : International Business.
• Thakur & Mishra : International Business.
• Varshney R.L. and Bhattacharya: International Marketing Management.
• Chaudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”,Himalayan Publishing House, New Delhi.
• Mathur S K, “International Finance and Foreign Trade”. Shivam Publication, Jaipur.
• Parasram “Export-What,Where and How”, Anupam

ACADEMIC YEAR: 
2019-2020
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