Industry perception & underdtanding logistic industry


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Industry perception & underdtanding logistic industry

  1. 1. Summer Internship Project : A detailed study on Import export procedure & documentation. Company: Logistic Integrators (I) Pvt. Ltd. Company Guide : Mr. Ajay Kavadia Faculty Guide : Prof. Devang Patel
  2. 2. Objective of the study • To study the logistic procedure of exports and imports. • To study the present scenario in Indian logistic Industry. • To study the various transportation in logistics. • To learn the Documentation procedure. • To get knowledge the Indian customs process.
  3. 3. Flow of presentation • Introduction to Logistic industry. • Company overview. • Detailed study on Import export procedure. • International commercial terms. • Achievements • Leanings • Suggestions.
  4. 4. Brief of Logistic industry • Logistic is the management of the flow of resources between the point of origin and the point of consumption in order to meet requirements. • The modern logistic industry continue to evolve as the breadth of value added services warehouse logistics providers offer does.
  5. 5. The general trend toward outsourcing, The previously unprecedented growth of e- commerce. The importance of the partnership aspect of the marketer-logistics provider relationship. Expansion: Three trends in the new economy
  6. 6. • The 21st century is an exciting time for logistics. • Logistic Integrators is a company that is focused on integrating a whole logistic a clock work precision. • It is a challenge to bridge the two polarities of "Personal Approach" and "System Approach“. • we bringing an excellent service to the door step of our clients. • Logistic Integrators believes in lean structure which is competent to adapt and can adapt to changing requirements. Brief of Company
  7. 7. RED: • Aggressive. • Earth. DARK BLUE: • Trust. • Deep thinking. • Focus on work. • Ocean. SKY BLUE: • No limit of thoughts. • No limit of works. • Sky. No boundaries….. » freedom for works. No boundaries…..
  8. 8. Trust Growth Care Creativity Celebration
  9. 9. Mission “To provide the best platform for all your logistic needs by integrating the entire logistic and supply chain with a system driven but personal approach”. Vision “To constantly look for „innovate solution‟ beyond boundaries‟ to serve our customer worldwide”.
  10. 10. Global Networks- 65 Countries Logistic Integrators represents India for LINK group!! Group Company • Logistic Integrators- India • Time World Freight- UAE • Gulf Star- Qatar • Go Trans- Romania • North America, Canada, Brazil, • Europe: Germany, UK, Netherland, Holland, Poland Italy, France, Belgium, Austria, Spai n, Switzerland, Romania, Turkey. • Scandinavia: Denmark, Sweden, Finland, Norwa y • Far East : China, HK, Singapore, Korea, Taiw an, Malaysia, Japan Thailand, Sri lanka, Indonesia, etc. • Middle East : SA, Iran. • Australia, CIS, NZ. • Africa, Ukraine.
  11. 11. A detailed Study on Import export procedure. • Import “Goods coming inside India from foreign country are known as imports” . Import of goods normally requires involvement of the customs authorities in both the country of import and the country of export and are often subject to import trade agreement.
  12. 12. Shipper Consignee Purchase order Agent Forwarder Terms Ex-works, FOB, CIF • Rates for freight • Nominations Pre alert Agent • Invoice • M/BL •H/BL • Manifest • Packing List • Certificate of origin Documentation Custom Clearance ICE GATE Bill of Entry IGM number Exchange delivery order Release shipment Import Procedure
  13. 13. Export “Goods moving outside India to foreign country are known as export. Exporting is selling goods in foreign markets as a way to earn profits • To become global brand. • To increase profitability. • To expand sales. • To develop a company strength & abilities. • To diversify source to sales.
  14. 14. Export procedureExporters Agreeing upon pricing document freight charges Determine the payment of terms Advance payment / letter of credit account open Sent purchase order Packing ,warehousing Certificate of quality control Prepare Marine or air docs Transport by Marine or air Submission of docs to banks Bank sends docs to importers , payment done. • Insurance certificates • Shipping bill • bill of lading • packing list • customs invoice
  15. 15. International commercial terms Incoterms The Incoterms rules or International Commercial terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) that are widely used in International commercial transactions processes. First published in 1936, the Incoterms rules have been periodically updated, with the eighth version Incoterms 2010
  16. 16. Achievements • ICD visit. • Airport visit. • Marking & Labeling to the cargo. • Meet with CHA. • Container stuffing.
  17. 17. Learning • Every document performed in forwarding industry are precious and important, a single mistake can create a mess for the whole company to operate at next moment. • Every employee perform same activates in regards to job functioning in daily routine So no new learning's at the job can not be gained, but Expertise can be obtained. • Every work has a defined process in custom which is too vague and complex.
  18. 18. Suggestions • I feel documents which are prepared on paper, plays a major role in International competition, if custom clearance done through online then it should be simpler with less paper movement. • I feel the IT infrastructure in the government should be much more advanced than the present.