International Logistics Management

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

This course will enable the students to -

  1. The Objective of this course is to acquaint the participants with concepts and techniques used by international business practitioners in the field of trade logistics and to enable them to apply this knowledge in day to day business operations.

Course Outcomes (COs):

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

PAPER CODE

Paper Title

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

 

12.00
Unit I: 
Introduction to International Trade Logistics

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

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

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

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 & Tramp Shipping

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.

 

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 Publishers.

 

(Latest editions of the above books are to be referred)

 

 

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