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International Logistics Assignment

   

Added on  2019-10-18

10 Pages1603 Words246 Views
eek 11- International Logistics LessonInternational LogisticsWhat’s Included:Review: This moduleLearning Objectives:•To understand macroenvironmental influences on international logistics•To examine documentation as well as terms of sale and methods of payment for international shipments•To distinguish among the unique activities of international trade specialists•To examine transportation and inventory considerations in international distribution•To introduce you to the Logistics Performance IndexPresentations: Power Point Presentation or video provides overview of this week's material andhelps you understand the terms and theories in graphic representations.Read:•Lecture Notes and eReadingsWhat is International Logistics?International logistics are logistics activities associated with goods that are sold across national boundaries.What is Macroenvironmental Influences?

Macroenvironmental influences refer to the uncontrollable forces and conditions facing an organization and include cultural, demographic, economic, natural, political, and technological factors.Source:http://www.marketingpower.com/_layouts/Dictionary.aspx?dLetter=M.Political factors•Political restrictions on international trade can take a variety of formsMany nations ban certain types of shipments that might jeopardize their national security. Likewise, individual nations may band together to pressure another country from being an active supplier of materials that could be used to build nuclear weapons. Some nations restrict the outflow of currency because a nation’s economy will suffer if it imports more than it exports over a long term.•Tariffs▪Nontariff barriers▪Import quota▪Embargoes•Degree of federal government in cross-border trade▪Balance of payments▪Subsidies▪Cargo preference rulesEconomic factors1Currency fluctuations2Market size3Income

4Infrastructure5Economic integrationCultural factors1Religion2Values3Rituals4Beliefs5LanguagesSymbols used for packing export shipmentsWith respect to language, cargo handlers may not be able to readand understand the language of the exporting country, and it would not be unusual for cargo handlers in some countries to be illiterate. Hence, cautionary symbols, rather than writing, must be used. A shipper’s mark, which looks like a cattle brand, is used inareas where dockworkers cannot read but need a method to keepdocuments and shipments together.International Documentation•Flow of documentation is as much a part of the main logistical flow as the flow of product•Domestic shipments typically only require several pieces of documentation•Export shipments typically require approximately 10 pieces of documentation•Cross-border trades can require more than 100 separate documents•Necessary documents are required at the point of importation•Commonly used documents include:

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