IB0016/SC0006/IB0019 – INTERNATIONAL LOGISTICS & DISTRIBUTION MANAGEMENT

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ASSIGNMENT

DRIVE	FALL 2016
PROGRAM	Master of Business Administration- MBA
SEMESTER	Semester 4
SUBJECT CODE & NAME	IB0016/SC0006/IB0019 – INTERNATIONAL LOGISTICS & DISTRIBUTION MANAGEMENT
BK ID	B1661
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question.1. Write a note on the difference between national and international logistics.

Answer:Logistics is the organization and implementation of a complex operation that incorporates management of flow of things between the points of origin and consumption to meet the requirements of the customers. Any type of physical products can be shipped through logistics with a planned process that involves integration of information flow, material handling, packaging, inventory, warehousing and transportation.

Domestic logistics is the distribution of goods within a country, while international logistics is the distribution of goods beyond the country

Question.2. Explain the term trade blocs and list out the various advantages and disadvantages of trade blocs.

Answer:A trade bloc is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where regional barriers to trade, (tariffs and non-tariff barriers) are reduced or eliminated among the participating states.

Question.3. Distinguish between time charter and voyage charter.

Answer:There are different standard format time and voyage charter party contracts available that can be used with different type of commodity transportation. For example;

·       BIMCHEMTIME 2005 is a standard format time charter party contract, which is created by BIMCO, is used when chartering vessels carrying

Question.4. Discuss about air cargo documentation

Answer:For customs clearance and delivery at destination - and to fulfil HM Revenue & Customs tax requirements before export - freight forwarders should have a commercial invoice detailing the description, quantity and value of the goods being sold. This is attached to the air waybill and forwarded to the destination airport.

Air waybills

Question.5. Explain the various functions of outbound logistics.

Answer:Logistics is the efficient management of the storage and movement of products and information within a supply chain. Outbound logistics refers specifically to the planning and implementation of the distribution of goods to a business buyer or consumer. It differs from inbound logistics, where you manage income goods and information.

Storage and Retrieval: Before goods can be moved, they must be retrieved in your company's warehouse or inventory storage area. Typically,

Question.6. Explain some of the frictions and frauds observed in the distribution channel.

Answer:Channel conflict occurs when manufacturers (brands) disintermediate their channel partners, such as distributors, retailers, dealers, and sales representatives, by selling their products directly to consumers through general marketing methods and/or over the Internet.

Some manufacturers want to capture online markets for

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