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Institute of Logistical Management Tel: 315 W. Broad Street, Burlington NJ 08016 work: 1-888-ILM-4600 Fax: 609-747-1517 http://logisticseducation.edu http://logisticseducation.edu
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Global Logistics Management

Objectives:

  1. To explain the role of Logistics in a Global environment, along with the key influences impacting global logistics operational and system effectiveness.
  2. To describe the specific functional elements involved in a global logistics process, along with the rationale for requiring why each key functional element must be integrated into all elements of the global process.
  3. To develop the knowledge required for the design of various transportation and logistics global networks for both Shippers and Carriers.
  4. To describe the value-added roles of global logistics Intermediaries and how these Intermediaries can and should interact most efficiently with each other, in order to achieve optimum business and logistics results.
  5. To describe with precision the meaning of each of the 13 definitions of INCOTERMS which are used in every transaction involving International Commerce. Each Incoterm describes the legal and financial impact on global Shippers....Carriers...and Buyers.
  6. To explain the key role of Governments (U.S. and others) in a global economy, and the implications of government regulations, policies, and strategic value which can significantly impact Business operating on a global basis.
  7. To describe the importance of the accuracy and critical timing of Documentation in the global transaction via all modes of transportation.
  8. To describe the critical importance of Cargo Insurance and Liability in a global transaction, and the complexity of dealing with each, due to differing cultures, monetary exchanges, political climates, languages, time zones, weather, metric systems, safety, as well as numerous laws and regulations within each country.

Learning Outcome:

Upon successful completion of this course, the student will: understand the role of logistics in global business; be aware of the economic and service characteristics of international transportation providers; comprehend government's role, documentation and terms of sale used in global business; and discern the fundamentals for effective management of exporting and importing.

Our Study Guide, INCOTERMS 2000, is only published every 10 years, and is the finest and most accurate information available in global logistics and commerce today. No professional in global Logistics can be effective without mastering this knowledge.

Instruction:

Major topics covered in the course are government's role in global logistics, the global logistics environment, ocean and air transportation, transportation to Canada and Mexico, intermediaries, documentation, insurance, exporting and importing.

International Logistics Topic Incoterms Topic 2000 Hours
Government and Global Logistics EXW: Ex Works 10*
Global Logistics Environment FCA: Free Carrier 15*
Ocean Shipping FAS: Free Alongside Ship 10*
Ocean Chartering FOB: Free on Board 10*
Ocean Liner Conferences CFR: Cost and Freight 10*
Air Transportation CIF: Cost, Insurance & Freight 15*
Land Transportation-Canada and Mexico CPT: Carriage Paid To 15*
Ports and Airports CIP: Carriage & Ins. Paid To 10*
Logistics Functions and Intermediaries DAF: Delivered at Frontier 10*
Terms of Sale and Payment DES: Delivered Ex Ship 10*
Documentation and Insurance DEQ: Delivered Ex QUAY 10*
Logistics of Exporting DDU: Delivered Duty Unpaid 10*
International Sourcing DDP: Delivered Duty Paid 10*
Final Exam 5*
Total Hours 150*

* Estimated maximum hours (150 total hours) for assignments. Hours vary depending on experience and reading levels. The majority of students complete the assignments in less time than allocated.

Textbooks:

  • Wood, D.F., A Barone, P.Murphy, and D.L. Wardlow, International Logistics. 2nd Edition, 2002, ISBN: 814406661
  • ICC Guide to INCOTERMS 2000, by Professor Jan Ramberg ISBN: 92-8421269-3