Research of industries under the import-export
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Transcript of Research of industries under the import-export
Summer Internshippresentation
Project : A detailed study on Import export procedure & documentation. A detailed study on logistic requirement in different industry
Company: Logistic Integrators (I) Pvt. Ltd.
Company Guide : Mr. Ajay Kavadia
Faculty Guide : Prof. Devang Patel
Flow of presentation Logistic industry overview.
Company overview.
• Detailed study on Import-export procedure & Documentation
• International terms
• Detailed study on Logistic Requirement in Different Industry
• Task performed
• Research method
• Achievements
• Leanings
Brief of Logistic industry
• Logistic is the management of the flow of resources between the point of origin and the point of consumption in order to meet requirements.
• The modern logistic industry continue to evolve as the breadth of value added services warehouse logistics providers offer does.
Brief of Company
• The 21st century is an exciting time for logistics.
• Logistic Integrators is a company that is focused on integrating a whole logistic a clock work precision.
• It is a challenge to bridge the two polarities of "Personal Approach" and "System Approach“.
• we bringing an excellent service to the door step of our clients.
• Logistic Integrators believes in lean structure which is competent to adapt and can adapt to changing requirements.
RED:• Aggressive.• Earth.
DARK BLUE:• Trust.• Deep thinking.• Focus on work.• Ocean.
SKY BLUE:• No limit of thoughts.• No limit of works.• Sky.
No boundaries….. freedom for works.
No boundaries…..
Trust
Growth
Care
Creativity
Celebration
Mission “To provide the best platform for all your logistic needs by integrating the entire logistic and supply chain with a system driven but personal approach”.
Vision “To constantly look for ‘innovate solution’ beyond boundaries’ to serve our customer worldwide”.
Detailed study on Import-export procedure & Documentation
• Import
“Goods coming inside India from foreign country are known as imports” .
Import of goods normally requires involvement of the customs authorities in both the country of import and the country of export and are often subject to import trade agreement.
Shipper ConsigneePurchase order
AgentForwarder
Terms Ex-works, FOB, CIF • Rates for
freight• Nominations
Pre alert Agent
• Invoice• MBL• HBL• Packing List• Certificate of origin• Letter of credit
Documentation
ICE Gate
Custom Report
Custom clearance
Exchange delivery order
Release shipment
Import Procedure
Export
“Goods moving outside India to foreign country are known as export.
Exporting is selling goods in foreign markets as a way to earn profits
• To become global brand.• To increase profitability.• To expand sales.• To develop a company strength & abilities.• To diversify source to sales.
Export procedureExporters
Agreeing upon pricing document freight charges
Determine the payment of terms
Advance payment / letter of credit account open
Sent purchase order
Packing ,warehousing
Certificate of quality control
Prepare Marine or air docs
Transport by Marine or air
Submission of docs to banks
Bank sends docs to importers , payment done.
• Insurance certificates• Shipping bill• bill of lading• packing list• customs invoice
A detailed study on logistic requirement in different industry
To get the information about their production.
To get the information about products which they Import-export.
To get the volume of their import-export.
To get the information about present problem of logistic.
To get to know that what are the impact of currency fluctuation on the business.
To get to know that how they are promoting their product.
Task performed• Select industry• Prepare the questions• Take appointment and interaction• Analyze
Research methodology• Secondary Search.• Personal interaction.
Industries/Companies
• Rushil Decor Ltd ( vir laminate Manufacturing)
• Encore natural polymers privates limited (Manufacturing of natural polymers thickener)
• Gurukrupa polyp last limited (Manufacturing of woven fabric & sack)
• Soma textiles (Manufacturing of Denim fabric Garment)
Rushil Decor Ltd ( vir laminate Manufacturing)
Export Product:
Laminate sheet Export Destination
Gulf. Far east countries. Import countries
china, Germany Import products
paper, foils Export volume
65% of total production
3 to 4 container in day Incoterms
CIF Cargo size
FCL+LCL
Encore natural polymers privates limited (Manufacturing of natural polymers thickener)
Export Product:
Guar, Tamarind and natural polymers thickener Export Destination
Japan, South Korea, China, Taiwan, Indonesia, Thailand, Egypt, Iran, Germany, Belgium, USA.
Import countries
china, Export volume
99% of total production
25 to 30container in day Incoterms
CIF, FOB, Ex-works Cargo size
FCL
Gurukrupa polyp last limited (Manufacturing of woven fabric & sack)
Export Product:
woven fabrics Export Destination
Gulf USA ,Euro. Import countries
china, Export volume
85% of total production
10 to 12 container in day Incoterms
CIF, FOB, Ex-works Cargo size
FCL
Soma Textiles (Manufacturing of Denim fabric Garment)
Export Product: jeans, shirts Export Destination
China, Taiwan, Indonesia, Thailand, Egypt, Iran, Germany, Belgium, USA, Gulf.
Import countrieschina, Export volume
99% of total production25 to 30container in dayIncoterms
CIF, FOB, Ex-worksCargo size
FCL
Finding (Industry)
Packing the denims in a roll form.
The rolls are covered by high quality of polythene for security purpose.
In a textiles industry, most of companies are using FCL cargo because textiles rolls are so long (approx 35 to 45ft long) and the shipment are in bulk.
Some time the companies will covered the rolls in a wooden box as per customer requirement.
The companies have permission for stuffing the container at factory side.
Cont....
The rolls are 1000 meters long and the weight of each roll is approx 500-600 kgs.
The companies are using road transport for transporting containers factory or port..
The companies are using truck for road transport.
The freight forwarder’s role for the textiles industry is book the containers from the shipping line and arrange the heavy vehicles for road travel.
Cont……
The current issue they facing : Infrastructure. Vessel availability Process of custom clearance Less space at sea port (like Mumbai navaseva) Traffic of vessels at Mundra port.
Achievements
• ICD visit.
• Airport visit.
• Marking & Labeling to the cargo.
• Meet with CHA.
• Container stuffing.
Learning from SIP
• Learned how to work in corporate• Learned how people take work from others• Observed the culture and working of corporate• Observed the working process of customs (Govt. of India)• Learned different types of documentation• Came to know the significance of each document • I also learned about communication gaps• Observed basic functioning of port• Partly learned to deal with uncertain problems faced by container
booking.• I also learned that it is very much tough to visit at ICD.• I learned different ways to reduce the risk.