International Trade and Logistics : Assignment

Added on - Dec 2020

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International Trade andLogistics
Executive summaryGlobalization is the process in which a business and other international business startoperating at global scale and its main purpose is to remove the barriers while operating at globallevel. It also helps to reduce the extra cost as well. In the same way, it also provides anopportunity to Woolworths that it can import the chocolates from point of origin to destination.The present report will undertake an extensive analysis of Woolworths and by using differentmultimodal transportation which further helps in reducing the cost is also used in the report.Even, while shipping the quoted firm uses temperature controlled containers that helps inmaintaining the quality as well as characteristics of a product.
Table of ContentsExecutive summary..........................................................................................................................2INTRODUCTION...........................................................................................................................1Packing and packaging....................................................................................................................1Physical characteristics....................................................................................................................1Types of packaging.....................................................................................................................1Labelling and design for sustainability: Advocating..................................................................2Labelling and design for sustainability: Advocating..................................................................3Shipping...........................................................................................................................................4Port and Ship...............................................................................................................................4Warehousing...............................................................................................................................5Documentation.................................................................................................................................6International Freight Documentation..........................................................................................6The commercial invoice.............................................................................................................6Export sales contract...................................................................................................................6Consular/customs/pro-forma invoice..........................................................................................7Packing list..................................................................................................................................7Bill of landing.............................................................................................................................7Certificate of origin and value.....................................................................................................7Pre-shipment inspection certificate.............................................................................................7Certificate of Marine Insurance..................................................................................................8Miscellaneous certificates...........................................................................................................8Recommendations............................................................................................................................9REFERENCES..............................................................................................................................11
INTRODUCTIONInternational trade and logistics mainly involve purchasing, management of material andinventory control, warehousing and transportation. In the same way, report main aim is todescribe the importance of international trade and logistics in this globalization era.The chosenfirm for this report is Woolworths, it is large retail firm in Australia and now it wants totransport its chocolate (as a products) to Sydney. Therefore, the report will describe thededuction of improper procedure and inefficiency on the transport process and further, thepresent study will also uses different theories as well as concept to suggest and implement theprocedure during transportation process. Further, it also recommended some way by analysingpackaging, transporting and warehousing and documenting as a major part of logistic.Packing and packagingPackaging and packing is one of the most important element in international trade andlogistics and it also help to move the system forward smoothly and then it also leads to thesuccess as well. Apart from this, packaging is also consider one of an important element inadvertising and distributionLin & Cheng, (2019). It is also analysed that it mainly affects theentire activity of a business. Moreover,Even packaging's main roleincludes in storage supportsuch that how the Woolworths packed the things which affect the distribution of the product bydelivered the product safely. Moreover, it is also used to attract wide range of customers throughattractive labelling, its sophisticated designing and details of representation which further help toreflect its brand in market.Apart from this, It not only help in attracting customers, but also assist a business to buildup competition and it enhances market promotion as well. This is another main reason, ofchoosing packaging in international tradeand logistics because it mainly affect the customers,profit and popularity. That is why Woolworths also uses innovative packaging material whileimporting its chocolate to Sydney International Container Terminals of Newscastle.Physical characteristicsTypes of packagingIt is analysed that physical characteristic of a product generally creates direct impactupon the customers and business.Even the packaging of a products specially in the case ofChocolate mainly requires extensive planning during logistic processOnstein, Tavasszy & vanDamme (2019). Therefore, there are some common form of packaging which Woolworths can be1
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