Freight forwarding presentation
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Transcript of Freight forwarding presentation
Freight Forwarding, Customs Brokerage
and Logistics
By : Danna Nicole Ma
rañaLouvie Dieron
Chris Alibangbang
Freight Forwarding
Freight Forwarding
a service used by companies that deal in international or multi-national import and export.
services guarantee that products will get to the proper destination by an agreed upon date, and in good condition.
What is a Freight Forwarder?
It is a commission agent performing on behalf of the exporter and importer routine tasks such as loading / unloading of goods, storage of goods, storage of goods, arranging local transport obtaining payment for his customer, etc..
It renders may often range from routine and basic tasks such the booking of space or customs clearance to a comprehensive package of services covering the total transportation and distribution process.
Freight Forwarder
Undertakes the process of movements of goods through the various stages involved.
Provide these services directly or through sub- contractors
Role as Cargo Consolidator
individual or firm who accepts less than container load (LCL) shipments from individual shippers
combines them for delivery to the carrier in full container load (FCL) shipment.
Freight Forwarder also often engages in the consolidation of cargo….
Freight Forwarder differs from a Common Carrier
Common Carrier is a person, corporations and firms engaged in the business of transporting / carrying of goods / passengers both by land, water or air for compensation, offering their services to the public.
Freight Forwarder- does not own any vessel but function as a principal carrier
rParties involved as Freight Forwarder in Consolidation Scheme
Shipper
Delivers good to the carrier
Bears the freight cost / whose behalf
payment is made
Common Carrier
Owns/ chartered a vessel
Transport goods/ people by land, air,
water
Consignee
Owner of consignment
To whose order of consignment will be
delivered at the port of destination
Principal
Delivery Agent
rParties involved whole
shipment
Shipper
Delivers good to the carrier
Bears the freight cost / whose behalf
payment is made
Common Carrier
Owns/ chartered a vessel
Transport goods/ people by land, air,
water
Consignee
Owner of consignment
To whose order of consignment will be
delivered at the port of destination
Owner of Goods
Ultimate Consignee
Procedures :
Freight Forwarder in exporting country as Principal
Freight Forwarder in importing country – as Delivery Agent
Receive e-mail
Notice to Consignees
Print Copies
Prepares Inward Cargo Manifest e2m
Delivery order, Container Guarantee
Billing Invoice
Release House Bill of Lading
Issue House Bill of Lading
Shipper
Documents in Freight Forwarding-• House Air Waybills (AWB)• House Bill of Lading B/L •Commercial Invoice •Certificate of Origin •Packing List
COMMERCIAL INVOICE BILL OF LADING
Examples of Shipping Documents
Airway Bill Certificate of Origin
Examples of Shipping Documents
Customs Brokerage
Customs Brokerage
A corporation, partnership, and association must have a licensed Customs Broker to
transact Customs Brokerage Business at the Bureau of Customs NAIA – POM - MICP.
It facilitates the import and export shipments and delivery of goods across geographical
borders for individuals and organizations from one country to another.
Customs Broker
R.A. 9280: Is any person who is bona fide holder of a valid
Certificate of Registration/ Professional Identification Card issued by the Professional Regulatory Board and Professional Regulation
Commission.
Customs Broker
Preparation of customs requisite documents for imports and exports.
Preparation signing, filing, lodging and processing of import and export entries
Representing importers and exporters before any government agency and private entities
Computation of duties and related taxes
WHO ARE AUTHORIZED TO MAKE IMPORT ENTRY?
REPUBLIC ACT NO. 7651
REPUBLIC ACT NO. 7651AN ACT TO REVITALIZE AND STRENGTHEN THE BUREAUOF CUSTOMS, AMENDING FOR THE PURPOSECERTAIN SECTIONS OF THE TARIFF AND CUSTOMSCODE OF THE PHILIPPINES, AS AMENDED
WHO ARE AUTHORIZED TO MAKE IMPORT ENTRY?
SEC 1301 (TCCP)
"SEC. 1301. Persons Authorized to Make Import Entry._ Imported articles must be entered in the customhouse at the port of entry within thirty (30) days, which shall not be extendible, from the date of discharge of the last package from the vessel or aircraft either (a) by the importer, being holder of the bill of lading, (b) by a duly licensed customs broker acting under authority from a holder of the bill or (c) by a person duly empowered to act as agent or attorney-in-fact for each holder: Provided, That where the entry is filed by a party other than the importer, said importer shall himself be required to declare under oath and under the penalties of falsification or perjury that the declarations and statements contained in the entry are true and correct: Provided,further, That such statements under oath shall constitute prima facie evidence of knowledge and consent of the importer of violation against applicable provisions of this Code when the importationis found to be unlawful."
WHO ARE AUTHORIZED TO MAKE IMPORT ENTRY?
• Importers and other persons who are holders of the bill of lading.
• Licensed Customs broker acting under authority from a holder of the bill.
Customs Entry
Declaration of information on imported articles, prepared by a customs broker on a prescribed form.
The Customs Entry - KINDS
Formal Entry
Consumption Entryintended for immediate consumption and immediate release of the shipment.
Warehousing Entry - Constructive warehousing & immediate transportation to other ports- Constructive warehousing and immediate exportation
In Formal Entry
Personal and household effects, not in commercial value
Those in passengers baggage / mail for personal use
What are the requirements upon filing of import entry?
Import Entry and Internal Revenue Declaration (IEIRD-BOC Form No. 236)Supplemental Declaration on Value (SDV)B/L or AWBCommercial InvoicePacking ListOther additional documents as may be required
TheGeneral import Procedure
Importer
Letter of Credit
Freely Importable Commodities
Original Documents
Supplier
Government Agency
Modes of Payment
Non -Letter of Credit
covered Not covered
yes
no
Original Documents
Shipping for Processing B/L
AAB for Approval of Bank Guaranty
Seller to the Advising Bank
Duties and Taxes
Release of Shipment
Bank for Payment of Duties and Taxes
BOC
BOC
w/o w/o
with with
yes
no
Logistics
Logistics
a channel of the supply chain which adds the value of time and place utility.
involves the integration of information, transportation, inventory, warehousing, material-handling, and packaging, and occasionally security.
The management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements
Logistics Manager
organize the storage and distribution of goods.
ensure the right products are delivered to the right location on time and at a good cost.
Logistics Managed:
food, materials, animals, equipment and liquids
time, information, particles, and energy
Physical Items Abstract Items
Logistics Managed:
Physical items usually involves the integration of :
1. Flow of information2. Handling3. Production4. Transportation5. Inventory6. Packaging7. Transportation
Handling System includes:
Handling
Modern tools which is an essential element in storage and transport throughout the warehouse
Order Processing
Flow of Information
Customer Service , facilitate the information needs: Order Processing, Order Checking and Editing and Order Registration.
Price, Delivery Period, Payment Terms, Taxes etc.
Warehousing
Secured are / building in which dutiable goods may be stored, manipulated/ undergo
manufacturing operations w/o payment of duties and taxes.
Examples of Logistics Company
Process Logistics
ManufacturersFreight Forwarder- Principal Abroad
Customs Brokerage
CommonCarrier
Consumers
Freight Forwarder- Delivery Agent
Logistics
Distribution
By sea/air/ land