Question
Analyze logistics in terms of its implications for international trade and construct an international logistics plan for a specific product and identify various options for
Analyze logistics in terms of its implications for international trade and construct an international logistics plan for a specific product and identify various options for warehousing and distribution centers, using the appropriate Incoterms 2020.
Tasks
Construct an international logistics plan for importing Arvind textile product India (Textiles products), Cost and Freight, specified Incoterms 2020into Canada,
Give a name to the exporter and the importer. Give the specific address, including the city and province/state in the exporting country where the shipment originates. Similarly, give a specific address, city, and province in Canada for the named place at the destination. Make assumptions regarding the shipment quantity (i.e., weight per package and package dimensions), based on your research.
The country of origin of the goods, name of the goods as well as the Incoterms 2020 agreed upon by the exporter (seller) and the importer (buyer) are given below.
Topics (Country of origin, product, Incoterms 2020)
1. Essay must explain the following. All questions must be answered specifically as if the goods are actually being shipped.
Product details: 1. Description of goods 2. Harmonized System Code 3. Unit of Measure and physical state of the product (solid, liquid, vapor) 4. Is it a dangerous good?
5. Temperature control requirements?
Brigin of shipment
- Country and province/state of origin of the goods
- Does the origin country have a free-trade agreement with Canada?
- Does the origin country have a non-free trade agreement with Canada?
- Applicable customs tariff treatment for the imported goods in Canada
- Are import permits required for the product? Are there import quotas?
Packaging
- What type of packaging is required? Total number of packages.
- Weight per package and total weight of the shipment
- Dimensions of packages. Total cargo volume.
- Are the goods palletized?
- Are the goods containerized? Type of container used.
Transportation plan
- Local cartage / domestic pre-carriage.
- Mode/modes of transportation
- Suggested routing
- City/port of origin (airport/seaport) and City/ destination port (airport/seaport)
s. Estimated transit time from the named place of origin to the named place of destination
Transportation costs
- Trucking: actual weight (pounds) and volume weight (pounds) of the shipment for trucking
- Air freight: actual weight (kg) and volume weight (kg) of the shipment for air freight
- Ocean freight: actual weight (kg) and volume (cubic meter) of the shipment for ocean freight
- Details of Mode/modes of transportation chosen with the rationale for the choice.
s. Details of freight costs of main international transportation (in
Canadian dollars).
Warehouse / distribution center requirements
- Warehouse-type based on type of product.
- Type of storage rack required
- Warehouse-type based on ownership (private, public, contract)
- Warehouse-type based on customs clearance status
- Estimated duration of storage
Risks in international transportation
Based on the agreed upon Incoterms, 2020 how will the parties share the risks in international transportation (identify and discuss any 5 risks)?
Costs in international transportation
Based on the agreed upon Incoterms, 2020, how will the parties share the costs involved in international transportation (identify and discuss any 5 costs):
AP reference style requested for the research
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