INTERNATIONAL LOGISTISLICS MANAGEMENT

Paper Code: 
MIB 325
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course outcomes (COs): 

Course outcomes:

Learning and teaching strategies

Assessment Strategies

 
 

On completion of this course, the students will be able to:

 

CO 132: Comprehend the basic framework of international trade logistics and preliminary requirements after receiving export order

 

CO 133: Evaluate the need and benefits of warehousing and inventory management in international trade

 

CO 134: Understand the applied concepts of packing, packaging, marking, labeling and containerizing the trade merchandise

 

CO 135: Analyse the role of air transport in international trade

 

CO 136: Analyse the role of ocean transport in international trade

CO 137: understand the concept of types of shipping.

 

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students:

Self-learning assignments, presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

  

 

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
• Francis Cherunilam: International Business.

References: 

SUGGESTED READINGS:

• V.V.Sople, “Logistics Management”, Pearson
• P. Subba Rao : International Business.
• Thakur & Mishra : International Business.
• 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 Publishers

E-RESOURCES:

• Logistics and Supply Chain Management, Christopher, Prof Martin, Pearson Education Limited (Thinktank)
http://ebookcentral.proquest.com/lib/iisuniv-ebooks/home.action

JOURNALS:
• Global Business Review , http:// sagepub.com
• Foreign Trade Review, http:// sagepub.com

ACADEMIC YEAR: 
2022-2023
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