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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
Thank. It makes me feel great when I read all these stories. It helps me from hopelessness and make me more stronger to fly… thank… for everything.
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