International trade involves the exchange of goods, services, and capital across international borders. It represents a significant portion of GDP for most countries. Logistics is the process of transporting and positioning inventory throughout the supply chain, while the supply chain consists of collaborating firms that improve efficiency. There are four main modes of international transportation - road, sea, rail, and air. Various trade documents such as bills of lading, invoices, and certificates of origin must be exchanged to facilitate global trade flows.
International trade involves the exchange of goods, services, and capital across international borders. It represents a significant portion of GDP for most countries. Logistics is the process of transporting and positioning inventory throughout the supply chain, while the supply chain consists of collaborating firms that improve efficiency. There are four main modes of international transportation - road, sea, rail, and air. Various trade documents such as bills of lading, invoices, and certificates of origin must be exchanged to facilitate global trade flows.
International trade involves the exchange of goods, services, and capital across international borders. It represents a significant portion of GDP for most countries. Logistics is the process of transporting and positioning inventory throughout the supply chain, while the supply chain consists of collaborating firms that improve efficiency. There are four main modes of international transportation - road, sea, rail, and air. Various trade documents such as bills of lading, invoices, and certificates of origin must be exchanged to facilitate global trade flows.
• International trade is exchange of capital, goods,
and services across international borders or territories. In most countries, it represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history, its economic, social, and political importance has been on the rise in recent centuries. Relationship between logistics and supply chain management Defination of logistics
Logistics is the work required to move and position
inventory throughout a supply chain. Logistics is the process that creates value by timing and positioning inventory. It is the combination of a firm’s order management, inventory, transportation, warehousing, material handling and packing as integrated throughout a facility network. Defination of Supply Chain
Supply chain is consists of firms
collaborating to leverage strategic positioning and to improve operating efficiency. International Transportation • It means, transport between points of departure and destination situated in the territory of two countries to at least one of which the present Convention applies
• There is 4 modes of transportation which is
road, sea, rail, and air. Road Transportation
Road transport means transportation of goods
and personnel from one place to the other on roads. Road is a route between two destinations, which has been either paved or worked on to enable transportation by way of motorised and non-motorised carriages. Sea Transportation
Sea transport forwarding, also known as ocean
freight, is a very cost-effective solution for transporting large quantities of goods that are not time-sensitive. Any movement of goods and/or passengers using seagoing vessels on voyages which are undertaken wholly or partly at sea. Rail Transportation Rail transport is also known as train transport. It is a means of transport, on vehicles which run on tracks (rails or railroads). It is one of the most important, commonly used and very cost effective modes of commuting and goods carriage over long, as well as, short distances Air Transportation This type of shipping offers a number of valuable advantages for international moving. It is ideal for long distance, and as it is the quickest method it also saves you time for when moving over a long distance Trade Documents
• Global flows of goods are not possible without a
global flow of information. This must be exchanged between various stakeholders, including government authorities and transport intermediaries. The information is provided and exchanged in paper or electronic form, the so- called trade documents. Point of origin
Location or station where a carrier receives
a shipment from a shipper for transportation to the destination. PURCHASE ORDER PROFORMA INVOICE A purchase order, is an A proforma invoice is a preliminary bill of sale that is official document issued by sent to the buyer before the a buyer committing to pay work is completed. It’s a the seller for the sale of commitment to goods or specific products or services services that have yet to be to be delivered in the future. delivered.
WAYBILL
A waybill is a document issued by a carrier giving details and
instructions relating to the shipment of a consignment of goods. Typically it will show the names of the consignor and consignee, the point of origin of the consignment, its destination, and route. Port Seller
A port can be defined as a harbour or an
area that is able to provide shelter to numerous boats and vessels (transferring people or cargo), and can also allow constant or periodic transaction of shipment. Port Seller BILL OF LADING SANITARY CERTIFICATE A bill of lading is a legal A certificate that is document issued by a issued by an authorized carrier to a shipper that governmental inspection details the type, quantity agency that confirms the and destination of the facility and/or cargo has goods being carried. A bill been inspected and of lading also serves as a shipment receipt when meets the minimum the carrier delivers the sanitary requirements. goods at a predetermined destination. Customs seller
Both the import and export of material goods.
Import and export were classically limited to the transmission of physical goods across a legally recognized international boundary, Warehouse
A warehouse is a building for storing goods.
Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs. Packing list
• A packing list is a document that includes details about the
contents of a package.
• The packing list is intended to let transport agencies,
government authorities, and customers know the contents of the package.
• These details help each of these parties handle the package
accordingly. Customs seller EXPORT DECLARATION COMMERCIAL INVOICE An export declaration is Commercial invoice is a form that is submitted a customs document. It by an exporter at the is used as a customs port of export. It declaration provided by provides information the person or about the goods being corporation that is shipped, including type, exporting an item across number, and value. international borders. Port buyer
Port of Unloading is a place where a vessel
unloads or discharges some or all of its shipments. The shipments are, thereafter, dispatched to their various consignees. Certificate of origin
A certificate of origin (CO) is a document
declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product, its destination, and the country of export Customs buyer
Customs is an authority or agency in a country
responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal, and hazardous items, into and out of a country. Carnet
As the "Passport for goods", is an
international customs document that permits the tax-free and duty-free temporary export and import of nonperishable goods for up to one year. It consists of unified Customs declaration forms which are prepared ready to use at every border crossing point.