International Logistics Management and INCOTERMS 2020 Rules

Contents

What You’ll Learn Requirements Description Who this course is for:

What
You’ll Learn

Basic concepts of international logistics and movement of goods / services. It includes the discussion on the concepts of moving goods via air and sea.
Holistic knowledge of different modes of international transportation of goods. Comparing the advantages and disadvantages of various modes of transportation.
Detailed topics of transportation by sea including surface transporation. Significance of sea transporation
Freignt Rates
Ocean going variitie of vessels.
All about unitization
palletization and standardization. That has resulted in the biggest revolution in transportation of goods using containers. Mechanization
All about charter and liner shipping. Ratinale of shipping arrnagements serving varied needs of the interntional traders. Contract of affreightment
Sea flags.
All about transport documents and other documents that accompany goods while moving from one nation to the other. Special compliances for specific categories.
All about exports packing and packaging. Role of labelling
markeing. Primary
secondary and tertiary packing
Operational and advertising markings. Innovation
Role of intermediaries
first party
second party
third party (3PL) service providers and freight forwarders. Reverse logisitics providers. Asset based agents
Role of technology. Virtual supply chain models with AI enabled models to carry out predictive analysis for transport related risk maangement. Blockchain tech.
International cargo insurance. Role of cargo insurance
Types of insurance. Top insurers. Insurance policy verus insurance certificates. Who pays for insurance?
Air transportation. Aircraft types
concept of air freight and freight costing
air customs clearance. ULD- Unit Load Device. Tyes of air cargo and carriers.

Requirements

Basic knowledge of exports imports operations desirable but not neccessary

Description

Welcome to the online course on International Logistics Management and INCOTERMS 2020.

In today’s globalized world, businesses operate on an international scale, and the logistics management of goods is crucial for their success. This course is designed to provide a comprehensive understanding of the principles and practices of international logistics management, including the latest updates in INCOTERMS 2020.

What will you learn?

Throughout this course, you will learn the basics of logistics management and the different modes of transportation, including air, sea, and land. You will also gain insights into the critical aspects of supply chain management, such as procurement, inventory management, and warehousing.

The course focus remains on understanding the movement of goods in international waters or air to shift from country of origin to country of destination. Therefore all aspects of understanding exporting by sea as well as exporting by air are covered in this course. The core learning relates to dealing with intermediaries who help in moving goods beyond borders. The course covers the impact of revolutionary innovations in past decades related to unitization, palletization, and standardization giving birth to the idea of automating the loading, unloading, and stowing of goods in specialized containers throughout their journey across continents in very large sea vessels or extremely fast aircrafts.

Additionally, the course will delve into the intricacies of INCOTERMS 2020. These terms are essential for international trade and ensure that all parties involved understand their roles and responsibilities in the shipment of goods. You will learn about the different types of INCOTERMS and how they affect the cost, risk, and responsibility of the parties involved in international trade.

The Ideal Students for this Course

This course is ideal for professionals who want to enhance their knowledge of international logistics management, including logistics managers, supply chain managers, import-export professionals, and entrepreneurs. By the end of this course, you will have a comprehensive understanding of logistics management and the latest updates in INCOTERMS 2020, enabling you to manage international logistics with confidence.

List of Topics Covered

These are some of the popular topics that are covered in this course

Understanding of the basic concepts of logistics
International Supply Chain Management
Carriers, Intermediaries and reverse logistics providers
Intermodal and multi-modal transportation
Surface and sea transportation
Ocean Freight Rates
Air transportation and export by air
Unitization, palletization, and standardization
Container led logistics
Dry ports, ICDs, CFSs
Reverse logistics
Freight Rates
Customs Clearance Process
Types of sea-faring vessels
Types of cargo aircraft
International regulations for cargo movement by air and sea
INCOTERMS 2020 Rules

Case Studies

Some of the case studies included in this course are:

Opening case study – Logistics scenario in India

Preset customs examination norms in Indian customs

About the Instructor

Dr. Vijesh Jain is an IIFT, BITS, and Harvard Alumnus with more than 35 years of practical experience in international trade and operations. Widely traveled abroad he has authored and co-authored more than 10 books in the area of international trade including one on the subject of this course (books available on Amazon and Kindle Store). He is a freelance professor and a foreign trade consultant. He also provides online and offline training to working executives and foreign trade professionals. He is also a visiting professor at reputed B Schools in India. In the past, he has worked as Dean and Director of reputed B Schools. In the corporate world, he has worked with international organizations in international trade in senior positions. He is also a pioneer of the Cross-Cultural Management research model of CFC.