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DRIVE summer 2014
PROGRAM/SEMESTER
MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM
4)
PGDSCMN (SEM 2)
SUBJECT CODE &
NAME SC0006 – GLOBAL LOGISTICS AND SUPPLY CHAIN
MANAGEMENT
BK ID- B1661
CREDIT AND MARKS- 4
CREDITS AND 60 MARKS
Q.1. Assume that
you are working in a textile company. Your company decides to import all the
raw materials cotton clothing from the global suppliers to improve the sales.
The company assigns you the task of analysing various issues that must be considered
while importing. What are different issues you face while importing the goods
from a global supplier? ( Listing of the issues with respect to various
countries you wish to import from, Brief explanation of issues with suitable
examples, Summarization of how these issues may affect your company’s business)
1,6,3
ANS:
Listing of the issues with respect to various countries you wish to import
from: The
manufacturing company must consider various additional items while using global
sourcing. Some of the important issues that must be considered while importing
or exporting are:
·
Child
labour
·
Changing
tariff structures
·
Exporting
for assembly in bond and counter trade
Q.2. Insurance
Claim by Jayshri Impex
Jayshri Impex is
one of India's leading garment manufacturer and exporter of textile dyes and
chemicals whose manufacturing facility is located at Jethpur (near Rajkot),
Gujarat. The head office of the company is at Mumbai. The company manufactures
an African traditional dress worn by all natives of African cities -
"khanga". Jayshri Impex has set high standards in garment export and
it is recognised by the government of India for its extraordinary work. They
have their presence in other cities of India as well as in Africa.
Theft of goods
Armed bandits on
October 5, 2004, looted the export consignment of 185 bales of fabrics from the
train, when it was transported to Brazzaville (Republic of Congo, West Africa).
The company had insured their cargo with Bajaj Allianz and lodged a claim at
the Bajaj Allianz, Rajkot office on the same day.
Insurance support
from Allianz
Even though the
location of theft was in the remote jungles of Africa, Bajaj Allianz appointed
Lloyd's Agency to carry out a survey immediately to check for the correctness
of the claim. Lloyd's was submitted on the survey report on November 20, 2004.
It took a month for Lloyd's to submit the report due to the procedural
formalities involved in Africa to procure documents like police papers and no
trace reports. Since the survey report was submitted in French a translation of
the same was done at Ahmedabad on November 23, 2004. The Insured submitted all
the remaining documents such as Power of Attorney, Original Bill Of Landing, NOC from Consignee, etc on November
25, 2004 from their Head Office at Mumbai. The claim was processed and based on
the survey findings it was found to be true and the insurance amount of
Rs.31,37,360/- was released on November 30, 2004.
Inference
Jayshri Impex
managed to avoid a huge loss thanks to the insurance that it had purchased. The
insurance company Bajaj Allianz also responded quickly and supported its client
by releasing the amount at the earliest.
Why did Jayshri
Impex claim for insurance? What type of insurance may Jayshri Impex opted for.
How did the insurance company help Jayshri Impex? ( Reason for claiming
insurance, Inference for the Type of insurance opted (evidence from case study,
linking to type of insurance), Settlement of insurance (support from insurance
company) 2,4,4
ANS:
Reason for claiming insurance: Armed
bandits on October 5, 2004, looted the export consignment of 185 bales of
fabrics from the train, when it was transported to Brazzaville (Republic of
Congo, West Africa). The company had insured their cargo with Bajaj Allianz and
lodged a claim at the Bajaj Allianz, Rajkot office on the same day. Jayshri
Impex is one of India's leading garment manufacturer and exporter of textile
dyes and chemicals whose manufacturing facility is located at Jethpur (near
Rajkot), Gujarat. The head office of the company is at Mumbai. The company
manufactures an African traditional dress worn by all natives of African cities
- "khanga". Jayshri Impex has set high standards in garment export
and it is recognised by the government of India for its extraordinary work.
They have their presence in other cities of India as well as in Africa.
Get fully solved
assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges rs 125/subject and rs 700/semester
only.
our website is
www.smuassignment.in
if urgent then
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Q.3. Explain in
detail about INCO terms. (Definition of INCO terms. What do they indicate?
Listing and description of INCO terms) 2, 8
ANS: INCO terms: Incoterms are a set of
three-letter standard trade terms most commonly used in international contracts
for the sale of goods. These terms were developed by Paris-based International
Chamber of Commerce (ICC) in 1936. These terms are reviewed and updated by
delegates from many
Q.4. Name the two
types of rate making and explain the factors affecting air freight rates ( Discussion
of freight rates (general and specific commodity rate) with example, Brief
explanation of freight rates (cost of service, competition, directionality,
characteristics of traffic and value of service ) 5,5
ANS:
Rate
Making: Fixing
the rate for different cargo is very crucial for freight transporters to charge
for the logistics services that they offer to their customers. The freight
transporter fixes certain price for transporting cargo based on the type,
size, weight, etc of cargo. There are two types of freight rates based on
the cargo or commodity, they are:
·
General
commodity rate
·
Specific
commodity rate
Q.5. Write short
notes on: (Bareboat Charter, Combination vessels, Importance of free trade
zones, Dry ports in India) 10 (2.5 marks each)
ANS:
Bareboat charter: Under bareboat charter, the
control and ownership of the ship ultimately lies with the charterer for
an agreed period (which could be several years or even the total life of
the vessel) of time. Ship owners do not hold any responsibility to
manage the equipment or crew of the ship during the specified period of
the contract. In addition, ship owner is not responsible for the goods
transported using their vessels. Hence, the charterer needs to take
whole responsibility for managing, equipping, and maintaining the ship
for a particular period of time. The charterers need to bear all the
operating and voyage expenses themselves and they have the ultimate
control over the vessel for a fixed period of time. A bareboat charter
agreement usually contains the details of the name and address of the
charterer, name of the vessel, contract period, charter fees, name and
contact details of the crew members, etc.
Q.6. Explain the
global trends that affect the decision of a global logistics manager. (Explanation
of global trends (Market concentration, Production dispersion, Product line
diversity) with suitable examples, Concluding remarks) 9, 1
ANS: Explanation of
global trends: the
following three trends affect the manager's decision:
·
Market
concentration
·
Production
dispersion
·
Product
line diversity
Get fully solved
assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges rs 125/subject and rs
700/semester only.
our website is
www.smuassignment.in
if urgent then
call us on 08791490301, 08273413412
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