STEPS INVOLVED IN EXPORT TRANSACTION Step 1 Exporter need to apply to the Director General of Foreign Trade (DGFT) regional office for getting Importer-Exporter Code (IEC) Number. Step 2 The exporter has to register with the concerned export promotion council in order to obtain various permissible benefits given by the government. Step 3 He has to obtain a purchase order from importer. Step 4 With export order in hand‚ the exporter starts manufacturing goods or buying them
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small orders‚ I almost never find a way to consolidate them to get volume rates. And I’m having the same problems on outgoing shipments. I’m caught in a two-bladed buzzsaw!” Supply manager Joan Glass interrupts to say‚ “Harold‚ we’re operating on low inventories because we save money doing it. Many times air freight is the only way I can be sure of getting what I need on time.” Production manager Holtz comments‚ “And when I need something‚ I need it. Take spares. This ‘downtime’ is a very expensive
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After the two companies merged in 1989‚ they continued selling major medications such as Taxol for cancer‚ Pravachol and Monopril for cardiovascular disorders‚ antibiotics such as Cefzil‚ antidiabetics such as Glucophage‚ and the anti-clotting medication‚ Plavix. To continue to focus on pharmaceuticals‚ in the early years of 2000-2002‚ the company divested many of their non-pharmaceutical divisions‚ such as Clairol and the Mead-Johnson Nutritional division‚ and purchased DuPont Pharmaceuticals as
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1) FIRST STEP – READ THE PO PURCHASE ORDER THOUROUGHLY. CHECK THE PAYMENT TERMS CHECK THE DELIVERY TERMS WHETHER CIF OR FOB CIF – COST‚ INSURANCE & FREIGHT – YOU HAVE TO CUSTOM CLEAR THE GOODS AND LOAD IT INTO THE CONTAINER AND MOVE THE GOODS TO THE DESTINATION PORT. FOB- FREE ON BOARD TO ANY PORT IN INDIA OR THE REQUESTED PORT – HERE YOU WILL CUSTOM CLEAR THE GOODS AND HANDOVER TO THE FREIGHT FORWARDER / AGENT NOMINATED BY THE IMPORTER. IN BOTH THE METHODS YOUR FREIGHT FORWARDER WILL DO THE WORK
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Code word for this Charter Party "SHELLVOY 5" Issued July 1987 Voyage Charter Party LONDON‚ 19 1 PREAMBLE IT IS THIS DAY AGREED between 2 of 3 (hereinafter referred to as "Owners")‚ being owners /disponent owners of the motor/steam tank vessel called 4 (hereinafter referred to as "the vessel") 5 and of 6 (hereinafter referred to as "Charterers"): 7 that the service for which provision is herein made shall be subject to the terms and conditions of this charter which includes Part
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Ballast - (a) the material (usually water in ballast tanks) used to stabilise a vessel when partially loaded or empty‚ (b) In Ballast - term to describe vessel sailing empty to next loading port. BENDS - Abbreviation for ’both ends’. Used when any loading and discharging term for a vessel is the same for both loading and discharging operations. BFI - Baltic Freight Index - an index reflecting a composite number of routes‚ issued on a daily basis. BIFFEX - Baltic International Freight Futures Exchange
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Screw conveyor is used for storage silo and under hopper material discharging and as a kind of fast amount in 5% of the required accuracy‚ under the circumstance‚then continuous evenly conveying to the devices of accepting materials‚ through the adjustment of the vibration motor excitation force can easily change the productivity. screw conveyor: http://www.lime-mill.com/conveyor/ Screw conveyor is widely used in mining‚ metallurgy‚ coal‚ glass‚ building materials‚ light industry‚ chemical industry
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Compare and contrast the application and scope of express and implied indemnities in voyage and time charterparties I. Introduction: (i) Examining the different relationships which arise between the shipper/ the owner of the goods‚ the carrier or the shipowner‚ the charterer; when the shipowner directly or through an agent undertakes to carry goods by sea or to provide an vessel for that purpose‚ such an arrangement is termed as contract of affreighment. Such contract of affreighment may take a
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SWOT Analysis: Internal Environment: Strengths: Fevikwik is a well known brand in households due to its break through advertising. It has been positioned as “one drop instant adhesive”. It’ s ability to glue materials within a fraction of seconds has made it synonymous to adhesive category in India. Wide availability of fevikwick in rural as well as urban areas is also responsible for its success. Its availability in variety of pack sizes with different prices makes it a preferred brand among
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FINDING AND EVALUATING FREIGHT FORWARDERS This is a team assignment to be prepared in groups of 3-4 students. Some‚ probably not all but this depends on timing‚ may be asked to present your findings to the group. Presentations should be scheduled for roughly 5 (at most 10) minutes. Growth in international trade has increased the importance of logistics and international transportation as strategic tools for achieving competitive advantage. One solution is to take advantage of the services of a
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