Question
Scenario - You have recently joined a company as Sourcing & Logistics Manager that is involved in international trade and manufactures offshore and imports to
Scenario - You have recently joined a company as "Sourcing & Logistics Manager" that is involved in international trade and manufactures offshore and imports to Canada for sales and distribution of their products. Your CEO has asked you to launch a new product line for the company and from a new and reliable supplier who has the potential to be your long-term business partner. Requirement 1 - (Product search) Find a product using a B2B global sourcing platform like https://www.alibaba.com/,https://www.indiamart.com/, https://www.globalsources.com/, https://www.thomasnet.com/ etc. with an order quantity of 1000 pc. (Add the URL of the source and product). (No apparel or shoe category)
Requirement 2 - (Vendor search)
You need minimum 3 vendors. What are the factors you considered while selecting these supplier? (This needs details like the selection of the supplier's country if that country has any trade agreement with Canada, the reliability of the supplier based on different certifications, and also other factors). Requirement 3 - (Shipping and Logistics 1)
a. Find the right freight forwarder based on quotes that ship to Canadore College, Mississauga, Ontario, Canada from the source. (Add the screenshot of the shipping quote). To get a freight quote use the link https://www.freightos.com/
b. Other than the freight quote what factors would you consider for selecting a Freight Forwarder?
Requirement 4 - (Incoterm & Trade Route)
a. What is the trade route for this shipment e.g from the supplier's factory to the point of delivery?
b. What incoterm would you use for this shipment and justify that? Requirement 5 - (Product classification and landed cost) a. What is the HS code of your product? b. What is the per unit landed cost for Ontario, Canada? Show the calculation. c. What is the total cost of this shipment? Show the calculation. Requirement 6 - (Vendor assessment) Your company wants you to fly to the supplier's location and carry out a supplier audit. Mention all the auditing requirements and elaborate "2" of the requirements or certifications and the points/things to audit. Requirement 7 - (Legal Requirement) - a. Do the assessment of the legal requirements of importing your product into Canada as per Govt of Canada requirements. b. What are the packaging and labeling requirements of your product to market in Canada?
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