Theory

Logistics management is the part of the supply chain that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements.

International liner shipping is a sophisticated network of regularly scheduled services that transports goods from anywhere in the world to anywhere in the world at low cost and with greater energy efficiency than any other form of international transportation.

The freight forwarder has always played an important role in commerce and international carriage of goods. Traditionally the freight forwarder was the link between the owner of the goods and the carrier, and provided forwarding or clearing services. The forwarder acted as the agent for the cargo owner, and in some cases at the same time for the carrier.

Mode of transport (or means of transport or Types of transport or transport modality or form of transport) is a term used to distinguish substantially different ways to perform transport.

The seller and the buyer are the parties contracting with each other for the delivery of the goods. The seller may be the producer or manufacturer of the goods, or may be a party acting as the producer/manufacturer?s agent. Both parties agree on the trade terms which will influence the type and terms of shipping documents.

A generic term for the various types of documents required for overseas shipments, such as commercial invoices, packing list, Bill of Lading, Certificate of Origin, etc.

Glossary of Shipping Terms

All stages of business cycle, starting from enquiry, quotation till delivery of goods.

Various types of Vessel and Container and its purposes

Ports are historic, commercial and infrastructural assets that form the backbone of national and regional economics. Seaports are a haven with facilities for berthing and anchoring ships and providing equipment for transfer of goods from ship-shore, shore-ship & ship-ship.

Warehouse is a port facility for loading and unloading containerized cargo to and from ships. ICD is a physical site located away from traditional land, air and coastal borders with the vision to facilitate and process international trade through strategic investment in multi-modal transportation.

A set of international sales terms to remove the uncertainties of different interpretations of terms in different countries. INCO terms are used to make international trade easier. Sets international rules for commonly used terms in foreign trade identifies obligations of both parties and determines the distribution and transfer of risks.

One of the best-known payment processes which provides security to both the seller and the buyer through the international banking system.

It is an evidence of contract by Sea, that acts as a receipt for the goods delivered to the carrier for shipment; a definition or description of the goods; and evidence of title to the relative goods.

Packaging refers to the container or wrapper that holds a product or group of products. Most commercial packaging serves two basic functions: protecting the product from damage during shipping, and promoting the product to the ultimate consumer. Some common types of packaging includes pallet, carton, bags, pails, can, etc.

Containerization is a system of inter-modal freight transport using inter-modal containers. The containers have standardized dimensions. Non-containerized cargoes are classified as Bulk, break-bulk, etc., Today 90% of the sea-freight is moved as containerized cargoes.

A commodity that are determined by the Department of Transportation to be capable of posing an unreasonable risk to health, safety and property, when transported in commerce. These commodities may endanger the safety of a Ship or persons on board. The sea transportation of these dangerous materials can either be forbidden or restricted. Grouping of Dangerous Goods by Type of Risk Involved, this grouping was drawn up by the UN Committee of Experts on Transport.

Marine Insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.

Chartering is a kind of contract for commercial leasing of a vessel or space on a vessel. Contract will be on the Rate, duration and terms agreed between the shipowner and the charterer.

Governing bodies have a number of statutory duties that need to be fulfilled, one of which will be ensuring that key policies are been implemented and reviewed on a regular basis.

Major sea & air ports in the world, basis on cargo handled.

Consolidation of charge headers used in International Trade. Analysis of multiple factors that influences fluctuation of freight rate.

Permutation and Combination of Debit Notes and Credit Notes being issued and received in International business

Permutation and Combination of Debit Notes and Credit Notes being issued and received in International business

List of Shipping Acronyms categorized based on the usage.

Filing the manifest with customs well in advance as per the guidelines set by the importing country. Example, Automated Manifest System (AMS), is the rule applicable for US bound shipments.

Practical

Creating Quotation based on request for quote received from Customer.

Creating Booking based on the quotation acceptance from the Customer.

Updating Bill of Lading details as per the Shipper’s Letter of Instruction.

Generating Bill of Lading draft to the customer for proof-reading.

Generating Cargo Manifest in order to submit to the Overseas Agent.

Pulling the charges as per the booking, include additional charges (if any), and raising Invoice to the Customer/Agent.

Validating and approving Vendor Invoice and requesting for Payment from Accounts.

Generating Cargo Arrival Notice in order to have it sent to the Notify Party/Consignee.

Supplementary Courses
Campus to Corporate Orientation
We ease the Campus to Corporate transition phase for our candidates by coaching them on basic DO’s & DON’T in Corporate World. In today’s scenario it is very imperative to inculcate these attributes to emerge as a pre-qualifier for any given position.
Business Email Etiquette
These days, email writing has become a part and parcel in day to day business affairs; one cannot shy away from it. Having said that, it is not only important to know the basics of email writing, but also write effective emails. Bearing this in mind, out of our sheer work experience, we have fine-tuned the content to meet current business email protocol.
World Time-Zone Overview
In International Business environment, dealing with overseas counterpart is very obvious. Point to be noted here is, each Region/Country follows different time zones, wherein our work timings are different from theirs. One has to keep in mind the time zones when trying to establish contact with overseas partners, instead of landing up calling in odd hours, which in no way help to keep the business relationship intact.
Interview Skill
There is no second chance to make a first impression; this emphasizes the importance of one’s preparedness on a big day, on the day of interview. One either makes it or breaks it. On the other hand, there is a huge opportunity to create a long lasting impression, which will eventually pave way to secure a job in a first place. Knowing the significance of the same, we designed our coaching in such a way to conduct mock interviews and giving guidance based on our observation.
Typing Skill
Typing skill is more or less a pre-requisite to join certain Companies, which makes a lot of sense. Surveys show good typing skill enhances productivity. We provide hands-on exposure to key-board to improve the typing skills, which also acts as an edge to get through the initial selection phase.
World Map Overview
We intent to give overview of major Countries in all seven continents. Being in Shipping Industry, one has to know the prominent countries all over the world; any case, one has to dealt with it on day to day basis.