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Multimodal transportation& Electronic Data Interchange
The document discusses multimodal transportation and electronic data interchange (EDI) in international trade, highlighting the role of multimodal transport operators who manage transport across different modes. It details the benefits of EDI, such as cost savings, speed, and efficiency, while also mentioning its complexities and challenges for small and medium enterprises. Furthermore, it emphasizes the importance of standardized documentation and technological frameworks to facilitate trade and improve operational efficiency within port communities.
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Multimodal transportation& Electronic Data Interchange
- 1. Multimodal Transportation & Electronic DataInterchange
- 2. Where the carrier organizesthe transport & takes responsibility for the entire door- to-door transport & issues a multimodal transport document.
- 3. Modes of Transport The methodof transport used for the movement of goods, e.g. by rail, road, sea or air.
- 4. Means of Transport The vehicle usedfor transport, e.g. ship, truck, or aircraft.
- 5. TransportTransport The transport by onemode of transport only, where each carrier issues his own transport document (B/L, airwaybill, consignment
- 6. Combined Transport: The transportationof goods in one and the same loading unit or vehicle by a combination of road, rail, and inland waterway modes.
- 7. MULTIMODAL TRANSPORT OPERATOR A multimodaltransport operator (MTO) acts as a as a “carrier”, because the MTO contracts with the shipper to carry goods by one or more modes of transport as may be necessary. The MTO accepts total responsibility and liability to perform the transport contract; And
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- 15. TRADE FACILITATI ON FALPRO is standardizing simplifying documentation tradeprocedures through regional or national facilitation organizations.
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- 18. computer-to-computer based exchange ofbusiness documents in a standard electronic format between business partners.
- 20. BENEFITS OF EDI CostSavingCost Saving Speed & AccuracySpeed & Accuracy Increase inIncrease in Business EfficiencyBusiness Efficiency Strategic BusinessStrategic Business
- 22. DISADVANTAGES OF EDI ExpensiveExpensive Network ComplexityNetwork Complexity RequiredSkill TechnicianRequired Skill Technician Difficult For SME’sDifficult For SME’s to Implementto Implement
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- 25. Port communities throughout the worldare applying electronic data interchange (EDI) for trade functions Enables open communications among many partners.
- 26. EDI enables notonly internal efficiencies but also the creation of new trade services. Provides quick communications for relatively low cost, and offers the prospect of significant savings in time and cost through
- 27. • The frameworkspecifies the information systems and technology needed to enable EDI in international trade. • Two Levels of framework of infrastructure: 1.1.communications and documentary;communications and documentary; 2.2.both supporting a third superstructure of businessboth supporting a third superstructure of business processes.processes.
- 28. Port communities are offeringadvanced data- handling and processing systems as well. . Port communities may follow several models of infrastructure integration in moving towards their strategic objectives
- 29. •The contributions ofEDI to governments and corporations are primarily to provide, and insight into •technology transfer •corporate competitiveness and •policy formulation.
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- 32. • EC/EDI Councilof India • India EDIFACT Committee • Working Group • Technical Assessment Group • VAN Service Providers • DGFT • AEPC • TEXPROCIL • Central Excise • Indian Banks Association
- 33. •Sea Ports •CONCOR •Indian Railways •AirportAuthority of India (AAI) •Express Courier System •Process re-engineering
- 35. EDI IN MULTIMODAL TRANSPORTATION/ INTERNATIONALBUSINESS INTERNATIONAL TRADE
- 36. Enhanced Visibility:Enhanced Visibility: IncreasingShipment Visibility Reduced labor costs. Minimized freight costs. Improved customer service
Editor's Notes
- #16 This is one of the reason for the success of courier services but courier services are however not the ideal solution to the problem of getting the various documents to their destination fast enough.
- #17 Simplification: The reduction of the amount of information required by the various authorities to an absolute minimum. This has already been done in a number of developed countries and some developing countries. Simplification must be carried out, both of the procedures required and of the documents. Normalisation: The reduction of variants of formalities, procedures and documents both at the national and at the international levels (i.e., they must be identical in all ports of a country and must be aligned to similar procedures and documents in other countries). This mainly concerns, transport documents, INCOTERMS, payment conditions and trade documents. Harmonisation: The harmonisation of statistics of streamlining of the transmission of data using EDI. Such change from paper documents to electronically transmitted information is difficult to carry out but will greatly facilitate trade. However, because of the many different systems in use, harmonisation of such systems is required.
- #37 EDI can enable a sharper understanding of your supply chain to reduce inventory carrying costs. You can stock only what you need. Companies using EDI for advanced shipping notices (ASNs) can save up to 40 percent of labor costs associated with inbound processing. Using EDI in concert with a transportation management system can minimize transport expenses while maintaining high service levels through load consolidation and mode selection. Customers, suppliers, and regulators benefit from the seamless flow of critical business information among partners. Increasing Shipment Visibility Import regulations change often and continually require more data to be captured and reported. For example, Customs and Border Protection's Importer Security Filing initiative, commonly known as 10+2, requires importers and vessel operating carriers to provide additional advance trade data. Companies can leverage this data to increase inbound supply chain visibility.