received. In a nutshell the B/L is a contract between the person shipping the goods‚ the carrier and the receiver of the goods. The B/L is a legal document that must be thorough‚ accurate and complete. For example‚ suppose that a logistics company must transport gasoline from a plant in Texas to a gas station in Arizona via heavy truck. A plant representative and the driver would sign the bill of lading after the gas is loaded onto the truck. Once the gasoline is delivered to the gas station in Arizona‚
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EXPORT PROCEDURE & DOCUMENTATION: A CASE OF SPL INDUSTRIES LTD. A report submitted towards the partial fulfillment of the requirements of the two years full-time Post Graduate Diploma in Management Submitted by: Prashant Rampuria Post Graduate Diploma in Management (International Business) Roll No.: 2K81/IB/29 2008-2010 ASIA-PACIFIC INSTITUTE OF MANAGEMENT 3‚ Institutional Area‚ Jasola‚ New Delhi-110025 Preface The purpose of industrial training is to acclimatize the students with
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not daily. 3. Advantages and disadvantages of stocking Super Gym at the distribution center and having the truck make deliveries to the retail stores also make deliveries to customers • Advantages Consolidator-Ship more than one delivery to the retailer or customer equals fewer trips. • Disadvantages Burning too much fuel with double deliveries to distribution center then retailer stores Squeezing an 18 wheeler into a subdivision would
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472 Chapter 10 Case Problem 2 Distribution and Network Models Supply Chain Design The Darby Company manufactures and distributes meters used to measure electric power consumption. The company started with a small production plant in EI Paso and gradually built a customer base throughout Texas. A distribution center was established in Fort Worth‚ Texas‚ and later‚ as business expanded‚ a second distribution center was established in Santa Fe‚ New Mexico. The EI Paso plant was expanded
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country to other markets. Any good or commodity‚ transported from one country to another country in a legitimate fashion‚ typically for use in trade. Export goods or services are provided to foreign consumers by domestic producers. Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. Into the export trade‚ a document has an important place: the Bill of Lading. Indeed‚ A bill of lading is a
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Asfar and Co v Blundell (1896) 1 QB 123 Court of Appeal (Lord Esher MR‚ Lopes and Kay LJJ) Dates no longer merchantable as dates Facts A vessel‚ on board which dates had been shipped‚ was sunk during the course of the voyage‚ and subsequently raised. On arrival at the port of discharge it was found that‚ although the dates still retained the appearance of dates‚ and although they were of some value for the purpose of distillation into spirit‚ they were so impregnated with sewage and in such a
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Arab Academy for Science‚ Technology and Maritime Transport (AASTMT) Institute of International Transport & Logistics (IITL) MSc Logistics of Foreign Trade 11th Class Course: International Logistics Management. Instructor: Khaled El-Sakty Ph.D. Hesham Mohamed Fouad Morsy Logistics of foreign trade 11th Class Tools that monitor truck drivers How to Monitor Truck Drivers Trucks and drivers represent a considerable cost for firms‚ therefore‚ a firm should use tools to monitor
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the basis of beneficiaries: - 1. Bill of Lading “To Order”: B/L is drawn on order of the shipper‚ the consignee or bank can be endorsed in favor of another person who may be the final receiver or an intermediate beneficiary. Commonly used in commercial transaction 2. Bill of Lading “To Bearer”: Bearer of bill of lading can obtain delivery of goods. There is no endorsement of bank or Consignee is required on the same. Types of Bill of Lading on the basis of reservation by the carrier 1
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to cover a port-to-port shipment but need not be titled “marine bill of lading”‚ “ocean bill of lading”‚ “port-to-port bill of lading” or similar. 92 . Full Set of Originals 93 . A UCP 600 article 20 transport document must indicate the number of originals that have been issued. Transport documents marked “First Original”‚ “Second Original”‚ “Third Original”‚ “Original”‚ “Duplicate”‚ “Triplicate”‚ etc.‚ or similar expressions are all originals. Bills of lading need not be marked “original” to
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Work? Freight forwarders manage‚ schedule‚ supervise and coordinate the shipment of goods domestically and across international boundaries. In some cases‚ freight forwarders may be required to cross load or arrange warehousing services during transport. Freight forwarders are responsible for communicating with transportation companies to monitor the status of shipments so they can update their clients on a daily basis. A non-vessel operating common carrier and a freight forwarder offer similar
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