INTERNATIONAL LOGISTICS MANAGEMENT (Theory)

Paper Code: 
25MIB421
Credits: 
4
Contact Hours: 
4.00
Max. Marks: 
100.00
Objective: 

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

Course Outcomes: 

Course Outcomes (Cos):

 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

25MIB421

INTERNATIONAL LOGISTICS MANAGEMENT

(Theory)

CO505: Comprehend the basic framework of international trade logistics and preliminary          requirements after receiving export order CO506: Evaluate the need and benefits of warehousing and inventory management    in international trade

CO507: Analyze the applied concepts of packing, packaging, marking, labeling and containerizing the trade merchandise

CO508: Analyse the role of air transport and ocean transport in international trade

CO509: Equip with the concept of types of shipping.

CO510: 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: