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Logistics Industry Assignment 2022

   

Added on  2022-09-22

11 Pages2089 Words25 Views
LOGISTICS INDUSTRY 1
LOGISTICS INDUSTRY
Name
Institution
Professor
Course
Date

LOGISTICS INDUSTRY 2
Executive summary
Australia’s logistics industry accounts for over 8.6 per cent of the GDP. The logistics
company is estimated to employ over 1.2 million people in Australia (Farahani, 2018). The
effectiveness and efficiency of the industry has contributed immensely to the productivity of
the nation. The low cost on logistics and transport has facilitated the Australian exporters to
reach wider markets profitably. Despite the challenges such as urban congestion and
inefficient regulation the logistics industry has played an essential role in the growth of the
economy.
Table of Contents

LOGISTICS INDUSTRY 3
Introduction..............................................................................................................................4
Challenges Faced in Freight Exportation..............................................................................4
Steps Involved in Freighting Each of the Cargo...................................................................5
Importer Requests Quotes and Order Goods....................................................................5
Freight Forwarder Arranges Export..................................................................................6
Booking of Freight................................................................................................................6
Transportation of Goods to International Depot..............................................................6
Processing of Goods Through Export Customs Clearance and Placement in Transit. .6
The arrival of Goods in The Buyer’s Country for Import Clearance.............................6
Transportation of The Goods to The Buyer from The Port.............................................7
How the Company Approaches Actors Within Logistics Network.....................................7
Process of Freighting from the Logistics Network Perspective...........................................7
Conclusions...............................................................................................................................8
Recommendations....................................................................................................................8
Appendices................................................................................................................................8
Australia National Logistics Costs......................................................................................8

LOGISTICS INDUSTRY 4
Introduction
The freight and logistics industry plays a very vital role in the economy of Australia
and contributes about 8% of the Gross domestic product (Vural, et al., 2019, pgs. 27-39). A
sustainable and efficient enterprise that partners with all levels of the government have led to
the growth of Australia’s economy. The government of the country plays a central role in the
planning and management of transport networks. The country is connected to the world
economy through air and shipping movements that transport cargo and bulky commodities.
The freight and logistics market of Australia is estimated to proliferate in the coming years
due to the increased investment in the logistics infrastructure. The continuous growth of
freight volumes has led to an increase in the challenges facing Australian society, which
should be addressed accordingly. Due to the availability of good transport network and
government support, I decided to open up an export company in Sydney, Australia, which
handled different types of cargo and bulk commodities. The company was involved in the
shipping of products to various clients in various countries globally.
Challenges Faced in Freight Exportation
During the exporting of commodities, there are different aspects one should consider
to ensure the success of the business. As an exporter, I experienced various difficulties in
shipping freight consignment that belonged to two different clients, which included 1000 tons
of plantation hardwood logs and 500 kilograms of cherries. The first challenge I would likely
encounter was the different norms between the Chinese and Australia. China may have
regulations concerning the importation of products, which might create issues between the
company exporting and the clients (Paul, et al., 2017, pgs. 327-342). Different countries have
different bureaucratic systems that may require a variety of certificates and documents. The
checking and signing of various forms might be costly, making a company experience loss

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