Summer Internship

Project : A detailed study on Import export procedure & documentation.

Company: Logistic Integrators (I) Pvt. Ltd. Company Guide : Mr. Ajay Kavadia

Faculty Guide : Prof. Devang Patel

Objective of the study

• To study the logistic procedure of exports and imports.

• To study the present scenario in Indian logistic Industry.

• To study the various transportation in logistics.

• To learn the Documentation procedure.

• To get knowledge the Indian customs process.

Flow of presentation

• Introduction to Logistic industry.

• Company overview.

• Detailed study on Import export procedure.

• International commercial terms.

• Achievements

• Leanings

• Suggestions.

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.

The general trend toward outsourcing,

The previously unprecedented growth of e-commerce.

The importance of the partnership aspect of the marketer-logistics provider relationship.

 Expansion: Three trends in the new economy

• 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.

Brief of Company

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”.

Global Networks- 65 CountriesLogistic Integrators represents India for LINK group!!

Group Company

• Logistic Integrators- India• Time World Freight- UAE• Gulf Star- Qatar• Go Trans- Romania

• North America, Canada, Brazil, • Europe: Germany, UK,

Netherland, Holland, Poland Italy, France, Belgium, Austria, Spain, Switzerland, Romania, Turkey.

• Scandinavia: Denmark, Sweden, Finland, Norway

• Far East : China, HK, Singapore, Korea, Taiwan, Malaysia, Japan Thailand, Sri lanka, Indonesia, etc.

• Middle East : SA, Iran.• Australia, CIS, NZ.• Africa, Ukraine.

A detailed Study on Import export procedure.

• 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• M/BL•H/BL• Manifest• Packing List• Certificate of origin

Documentation

Custom Clearance

ICE GATE

Bill of Entry IGM number

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

International commercial terms

Incoterms

The Incoterms rules or International Commercial terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) that are widely used in International commercial transactions processes.

First published in 1936, the Incoterms rules have been periodically updated, with the eighth version Incoterms 2010

Achievements

• ICD visit.

• Airport visit.

• Marking & Labeling to the cargo.

• Meet with CHA.

• Container stuffing.

Learning

• Every document performed in forwarding industry are precious and important, a single mistake can create a mess for the whole company to operate at next moment.

• Every employee perform same activates in regards to job functioning in daily routine So no new learning's at the job can not be gained, but Expertise can be obtained.

• Every work has a defined process in custom which is too vague and complex.

Suggestions

• I feel documents which are prepared on paper, plays a major role in International competition, if custom clearance done through online then it should be simpler with less paper movement.

• I feel the IT infrastructure in the government should be much more advanced than the present.