Principles in International Freight Management

Introduction

Global Transportation is the vital link in the economic development of any areas. It brings forth raw materials for production of commodities and in the same process distributes the products of industry to the marketplace. Hence, it is a major contributor of the business and industry successes and aids national and international economic, social and political development.

How Will You Benefit

Upon completion of this programme, the participants will be able to :

• Understand the principles of Cross Border Trading
• Know the responsibilities of a freight forwarder
• Familiarize own self with global airfreight and sea freight operations
• Find out the hidden logistics costs and risks
• Understand the types of risks and coverage
• Learn all the terms of transactions
• Find out the discrepancy in documentation
• Find out the criteria in selection of outsourcing party

Audience

All frontline personnel to executives and managerial officers in Freight Forwarded, Logistics and Supply Chain, Purchasing and Procurement, Store and Warehouse, Import Export, International Trade, Finance, Customer Services and Marketing. Level for Executives and above

Methodology

Lectures and Simulations, Case Studies, Group Assignments and Practical Approach

Module

• UNDERSTAND THE CROSS BORDER TRADING
• RE- DEFINING THE ROLE OF FREIGHT FORWARDER
• GLOBAL AIRFREIGHT AND SEA FREIGHT OPERATIONS
• THE HIDDEN LOGISTICS COSTS AND RISKS
• PRINCIPLES OF MARINE INSURANCE
• PRINCIPLES OF PHYSICAL DISTRIBUTION SYSTEM
• UNDERSTANDING THE TERMS OF TRANSACTIONS
• MANAGING DISCREPANCY IN DOCUMENTATION
• CRITERIA IN SELECTION OF OUTSOURCED PARTY
• MANAGING INTER FUNCTIONAL RELATIONSHIP