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Summer 2013
MBA (Supply Chain Management) Sem 4
SC0006 – Global logistics and supply chain management – 4 CREDITS
(BOOK ID B1661)
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
Q.1 Explain the Shipping Process Flow Chart and the issues associated with seaports.
(Explanation of Shipping Process Flow Chart- 4 marks, issues associated with seaports -6 marks) 10 marks
Answer : Shipping process flowchart :
The term Shipping originally referred to transport by sea, but is extended in American English to refer to transport by land or air (International English: “carriage”) as well. “Logistics”, a term borrowed from the military environment, is also fashionably used in the same sense. The whole shipping process is explained with the help of the flowchart given below. It explains step by step approach to shipping process.
Q.2 Discuss the important documents that are used in international logistics.
(Air waybill (AWB); Bill of Lading; Proforma invoice; Commercial invoice; Insurance certificate; Inspection certificate ;Letter of credit; Packing list –total 10 marks) 10 marks
Answer : The important documents that are used in international logistic are described below :
1. Air waybill (AWB):
A document that accompanies goods shipped by an international courier to provide detailed information about the shipment and allow it to be tracked. The bill contains the shipper’s name and address, consignee’s name and address, three letter origin airport code, three letter destination airport code, declared shipment value for customs, number of pieces, gross weight, a description of the goods and any special instructions .
Q.3 Explain the concept of charter agreement.
( Explanation/definition of charter agreement -1 mark ; Elements of charter agreement- 6 marks; important clauses – 3 marks) 10 marks
Answer : Charter agreement :
A charter agreement is the contract between the owner of a vessel and the charterer for the use of a vessel. The charterer takes over the vessel for either a certain amount of time (a time charter) or for a certain point-to-point voyage (a voyage charter), giving rise to these two main types of charter agreement. There is a subtype of time charter called the demise or bareboat charter.
Q.4 Discuss the four basic categories of air cargo containers.
(Air cargo pallets ;Contoured air cargo containers; Lower deck containers; Box-type containers – 10 marks i.e. 2.5 marks each) 10 marks
Answer : Four basic types of air cargo containers :
Shippers can realize savings and minimize cargo loss by containerizing their air cargo shipments. Airlines encourage use of containers by providing special tariffs for containerized FAK (Freight All-Kinds) shipments on many routes. Certain commodities are excluded from air cargo FAK special rates. Consult with your carrier or
forwarder for specifics on excluded items and on articles prohibited by lATA’s Dangerous Goods.
Q.5 Explain the different types of inbound logistics functions.
(Production scheduling – 3.5 marks; Procurement- 3 marks; Handling returned products – 3.5 marks) 10 marks
Answer : Different types of inbound logistic functions :
Three functions associated with inbound logistics are production scheduling, procurement, and handling returned products. Either a manufacturing firm or a wholesale/retail firm must first forecast demand, and then determine what must be purchased for use in the production process or to stock inventories.
Q.6 Which are the different issues that must be considered while importing and exporting?
(Child labour; Changing tariff structures; Exporting for assembly in bond and counter trade; Countertrade- total 10 marks, i.e. 2.5 marks each)
Answer : Issues that must be consider while importing and exporting :
1.Child labour:
Child labour is per definition illegal. it is work that by its nature and/or by the way it is carried out, harms, abuses, and exploits the child or deprives him/her of an education. but not all work done by children should be classified as child labour that is to be targeted for elimination. child labour should be clearly distinguished from legal work that benefits the overall life situation of children and youth