In our modern era, we navigate a complex global landscape characterized by intricate supply chain and escalating shipping costs, Raw materials, components and escalating shipping costs. Raw materials, components, and finished goods frequently embark on extensive journeys across the globe before reaching their ultimate destination: the customer. This process entails the seamless movement of freight shipments from one point to another, orchestrated by transportation and logistics providers, and facilitated by transportation intermediaries. Achieving the timely and undamaged delivery of domestic or international freight demands extensive interaction, coordination, networking, and experience. Throughout this course, we will delve into the intricate workings of this system to gain a comprehensive understanding of its mechanisms.

MAIN TOPICS

Introduction and Overview of Freight Logistics

• Components of International Freight Forwarding
• Freight Forwarding as a component of the International Supply Chain
• Identify the Freight Forwarding components, end to end
• Specific features of each transport Leg (Role players)
• Defining Supply Terms, Order supply, Ship, Receive, Pay and cost
• Defining International Logistics in Freight Forwarding
• Supply Chain vs. ICC Incoterms®
• Logistics Components per Transport Leg
• Other Logistics offered i.t.o. Value-adds
• Other Logistics Considerations

Essence of Global trade

• Product sourcing
• ICOS
• Order fulfilment
• Receiving
• Final costing
• FOREX

Cost of Logistics

• Defining the Cost of Logistics
• Associated Logistics Costs Components
• Cost Components vs. Cost Estimation
• Complete Simulated training

Session Start Time: 9:00am

Session End Time: 16:00pm