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DRIVE-SPRING
2014
PROGRAM-MBADS
(SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDIB (SEM 2)
SUBJECT
CODE & NAME-IB0016/IB0019– GLOBAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT
BK
ID-B1661
CREDIT
AND MARKS-4 CREDITS AND 60 MARKS
Q1.
Write short notes on:
·
Logistical packaging
·
Global supply chain collaboration
·
Free trade zones
·
Shipbuilding
(A
Logistical packaging Global supply chain collaboration Free trade zones
Shipbuilding) 10 (2.5 marks each)
Answer.
Logistical
packaging
Logistical
Packaging is the science, art and technology of enclosing or protecting
products for distribution, storage, sale, and use. It also refers to the
process of design, evaluation, and production of packages. As explained below,
the main use for packaging is protection of the goods inside, but packaging
also provides us with a recognisable logo, or packaging, we instantly know what
the goods are inside.
Q2.
Explain the concept of charter arrangement.
(Explanation
of charter, Explanation of types of charter arrangements, Explanation of
charter agreements pricing terms) 1, 6, 3
Answer.
Charter
A document, issued by a sovereign
or state, outlining the conditions under which a corporation, colony, city, or
other corporate body is organized, and defining its rights and privileges. Also
called charter party. a contract by which part
Q3.
Write short notes on:
Interaction
between shippers and conference
Air
cargo documentation
Container
railway in India
Freight
forwarders
(Interaction
between shippers and conference, Air cargo documentation, Container railway in
India, Freight forwarders) 10 (2.5 marks each)
Answer.
Interaction
between shippers and conference
The most common way for a conference, or carrier,
to bind shippers is through use of a service contract. In the United States
trades various reports indicate over ninety percent of all general cargoes move
under service contract. In some markets (although not those involving U.S.
ports) a system of deferred rebates is used with the shipper always having
money due him on deposit with the conference. The rebates are calculated on the
basis of 10 to 15 percent of what the shipper had paid in cargo rates over a
six-month period. This amount is calculated and the shipper told of its amount.
The funds are kept by the conference for another six months and will be paid to
the shipper at that time, assuming he
Q4.
What is payment? Explain the different methods of payment
(Definition
of payment, Explanation of Common modes of payment, How payment can be
categorized explain with an example, Explanation of different methods of
payment)1,1,2,6
Answer.
Payment
A payment is the transfer of an
item of value from one party (such as a person or company) to another in
exchange for the provision of goods, services or both, or to fulfill a legal
obligation.
Q5.
List and explain some of the important documents that are used in international
logistics.
(Listing
of the documents, Explanation of the documents)1, 9(1.5 marks for each document)
Answer.
Listing
of the documents
Here are all documents that are
commonly used in exporting, but specific requirements vary by destination and
product. It is divided into the following subsections: common export documents,
transportation documents, export compliance documents, certificates of origin,
other certificates for shipments of specific goods, other export-related
documents, and temporary shipment documents.
Explanation
Q6.
What is transaction channel? Explain in detail the two important aspects of
transaction channel.
(Explanation
of transaction channel including definition, how they are separated from each other,
give an example, Discussion on the two unique aspects of transaction channel.)2,
8 ( 4 marks for each aspect)
Answer.
Transaction channel: The
transactional approach is based on the four traditional elements of marketing,
sometimes referred to as the four P's:
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