Question
The basis for the Course is to conduct a global procurement... The basis for the Course is to conduct a global procurement exercise using the
The basis for the Course is to conduct a global procurement...
The basis for the Course is to conduct a global procurement exercise using the commodity that your study-group selected at the beginning of the semester. During the course, your group developed a profile for your commodity, and for this Course Project you will source that commodity from a foreign supplier located outside North and Central America and calculate the total landed cost (unit cost in CDN $) to import that commodity to a location in Kitchener, Ontario Canada (you may use the College address as your Canadian location).
Assigned Commodity- copper
You must address the following four major sections in your report. Keep this in mind when organizing the sections of your Report. Please note there may be other information relevant to your commodity-purchase that can be included. Think of relevant information that has been discussed during the course. Your solution should be both qualitative and quantitative (do the math and show your calculations where applicable). The major sections of the report should include:
1. Origin procurement(including, but not limited to, name and location of supplier, commodity unit price, and description of price-negotiation discussions, packaging, loading and handling details)
2. Shipping (including, but not limited to, rates and costs, route, pre-carriage, main carriage, on-carriage, carriers, conveyance/vehicle/vessel requirements)
3. Customs formalities (including, but not limited to, import and export Customs requirements pertaining to your commodity and the countries involved, cargo security, HS number, trade agreements if applicable, duty/taxes/fees due on export and import, specific OGD involved (other government departments) import/export requirements)
4. Delivery (including, but not limited to, name and location of destination address, delivery and unloading requirements, payment terms)
Consider including additional elements of an international purchase of this nature including, but not limited to, commodity pricing, seller's terms and conditions, Incoterms, transfer of ownership, cargo insurance, currency conversions, payment terms, etc. Remember you are describing a door-to-door activity in your Report. (see Exhibit A for reference).
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