INTERNATIONAL LOGISTICS MANAGEMENT

Paper Code: 
MIB421
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to explore about International Logistics Management in current scenario.

Course Outcomes: 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

24MIB421

INTERNATIONAL LOGISTICS MANAGEMENT

(Theory)

CO544: Comprehend the basic framework of international trade logistics and preliminary requirements after receiving export order CO545: Evaluate the need and benefits of warehousing and inventory management  in international trade

CO546: Analyze the applied concepts of packing, packaging, marking, labeling and containerizing the trade merchandise

CO547: Analyse the role of air transport and ocean transport in international trade

CO548: Equip with the concept of types of shipping.

CO549: Contribute effectively in course-specific interaction

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

Learning activities for the students:

Self-learning assignments,

presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

12.00
Unit I: 
Introduction to International Trade Logistics and Information & Order Processing

 

Introduction to International Trade Logistics:

Concept, Importance of Trade Logistics Services, India’s Logistical

Challenges

Information & Order Processing

Logistics Information System, Logistics Operations Management, Acknowledgment, Scrutiny and Confirmation of Export Order

12.00
Unit II: 
Warehousing and Inventory Management:

Concept, Need and Functions of Warehousing

Warehousing in India (in Brief)

Features and Benefits of Free Trade and Warehousing Zones 2005 Scheme under SEZ Rules 2006

Types of Inventory in International Logistics, Inventory Management Techniques.

12.00
Unit III: 
Packing, Packaging, Labelling, Marking of Cargo and Containerization

 

Packing, Packaging, Labelling and Marking of Cargo Packaging vs Packing of Goods, Need for Packaging, Objectives of Labelling and Marking, Commonly used Labels and Markings, Precautions in Packing, Labelling and Marking (Colour, Number and Shape)

Containerization: Concept, Advantages and Disadvantages

12.00
Unit IV: 
International Transport System

 

Air Transport:

Factors affecting choice of Airfreight Transport, Procedure Involved in Airfreighting Cargo, Challenges for Indian Air Cargo Sector

Ocean Transport:

Factors determining Ocean Routes, Types of Shipping Vessels

12.00
Unit V: 
Liner Shipping and Tramp Shipping

 

Liner Shipping: Concept, Causes and Impact of alliances in Liner Shipping

Liner Freighting Practices: Types of rates, Pricing Principles and Surcharges.

 

Tramp Shipping: Concept, Features, Types of Chartering- Voyage, Time, Bareboat Charter

Tramp Chartering Practices: Charter party Agreements and their main clauses- Voyage and Time.

Essential Readings: 

· Ram Singh, “International Trade Logistics”, Oxford University Press

· Pierre David, “International Logistics: The Management of International Trade operations”, Cicero Press; 5th edition 

· Francis Cherunilam: International Business.

References: 

SUGGESTED READINGS:

· V.V.Sople, “Logistics Management”, Pearson

· Martin Christopher, “Logistics & Supply Chain Management”, Pearson

· P. Subba Rao : International Business.

· Thakur & Mishra : International Business.

· Chaudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”,Himalayan Publishing

House, New Delhi.

· Mathur S K, “International Finance and Foreign Trade”. Shivam Publication, Jaipur.

· Parasram “Export-What,Where and How”, Anupam Publishers

E-RESOURCES:

· Logistics and Supply Chain Management, Christopher, Prof Martin, Pearson Education Limited (Thinktank)

http://ebookcentral.proquest.com/lib/iisuniv-ebooks/home.action

JOURNALS:

· Global Business Review , http:// sagepub.com

· Foreign Trade Review, http:// sagepub.com

Academic Year: