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INTERNAL
ASSIGNMENT APPLICABLE FOR APRIL 2019 EXAMINATION
World Class Operations
1. Briefly explain
the various types of environmental pollution and their management to attain
world class standards in operations.
2. What are the
different levels of quality system? Explain with a suitable application.
3. Mr. Subramaniam
has worked with a major Japanese manufacturing firm in Japan for the last 12
years. During the last two years of his stay in the company he was responsible
for the implementation of SHINGO Model for operational excellence. He has now
been invited by the Quality Council of India to consult for an Indian auto
manufacturer for the implementation of the SHINGO Model.
a. Explain in brief
the steps that Mr. Subramaniam would advise the Indian company, to follow in
order to implement the SHINGO Model for operational excellence.
b. In the above
context briefly state the difference in approach of the FMECA model from the
SHINGO Model for operational excellence, in achieving world class operational
standards.
Custom Shipping and Insurance
1. You have imported
a consignment of 10 containers of holders for stainless steel cutlery by sea.
The rate of each holder as per your invoice is Rs. 175 while the customs assess
the rate as Rs. 480 based on the prevailing market price and asks you to pay
the duty on this higher price. You have argued that the holders are not stainless
steel and hence the cost is very less. Due to this delay in clearance the
demurrages started increasing and your company asks you to clear this and
protect the interest of the company by not paying the higher duty. Company asks
you to find out a legal way to pay higher duty and fight the case to establish
your claim. What is the method of paying duty to protect your interest to fight
the case and file the claim?
2. In your company’s
budget meeting the management is asking you to give various clauses of
insurance coverage and suggest the best type of insurance clause to cover all
losses. Kindly give a detailed information on three institute of cargo clauses
of insurance and also suggest a best one with supporting explanation.
3. Your company has
imported a Forklift three months back and found to be not suitable for the
operations. Hence, they want to re-export it without asking for replacement.
The duty paid on this must be claimed under duty drawback. Your company seeks
your advise on the following:
a) Under which
section of customs act 1962, this can be returned and claimed the duty paid ?
b) Please explain the
section and the rate of duty drawback for this re-export?
International Logistics & Supply Chain Management
Context: Assume that
you are appointed as a Logistics & Supply Chain Head of a firm “ ABC
International” based out of Delhi. This firm is in Import -Export with its
clients spread across Mumbai, Delhi and Riyadh, Saudi Arabia This firm is
required to do the following activities:
1) For its client
based in Delhi, “Corn fresh Ltd” it is required to import consignment of 22
tons of packed Sweet Corn, which has a requirement of being stored in (-) 4
degree, supplied in 50 kg export worthy double layer polybags, on pallets of 20
bags each, imported from USA, with a lead time of 35 days by sea at Nhava Sheva
for a full container load @ USD 1300/container, 38 days at Chennai port @ USD
1100/container, Cost ICD Delhi being 1500 USD/Container with a lead time of 42
days. 3 days by air at Delhi @ USD 5/k. Local transit time being 7 days Mumbai-
Delhi, 9 days being Chennai-Delhi. 2) As a Commission agent, Import and supply
Provide 1000 Lenovo Laptops to “India Infotech” a company based in Kolkatta
from Ingram, Hongkong; with a 5% commission. Quote of Dell being as follows:
For an FCL with a loading capacity of 1100 pcs, price on FOB Hongkong sea port
is: USD 1000/number for 500 number, USD 800 upto 800 Numbers, USD 700 if order
is between 801-1000 numbers, Manufacturing Base : Hongkong,, Port of Loading:
Hongkong. Lead time 60 days from the date of receipt of Original Letter of
credit, Payment terms LC at Sight. Warranty : Repair – 3 years from the date of
manufacturing, Service SLA for response: 48 Business hours, Serivce SLA for
resolution : 7 days from the date of inspection. Freight/container Hongkong to
Nhava Sheva = 500 USD.. Insurance cost : 1% of consignment FOB cost. USD = 65
Rs, .Customs duty = 10% of Assessable value. Assessable Value = 101% of CIF
cost. Local Transport from Nhava – Sheva to Jaipur = Rs 20000/truck. Each truck
carries upto 300 laptops. 3) ABC International also has an E-Commerce site on
internet. ABC offers Sale of Fresh Exotic flowers, which it imports from Italy
and supplies in the Indian market to its online direct consumers.
Question 1. Defining
Different types of Transportation Modes and types that can be availed by an
Logistics and Supply Chain person and then suggest the most appropriate
Transportation mode comparing with available options for each of the above 3
scenarios, i.e import in Delhi for Corn fresh, Import of Laptops for Raj
Infotech and Import of fresh flowers for E commerce business and also
delivering to online customers, and justify the reason/benefits of your choice
versus other modes of transportation available.
Question 2. Define
various Commercial & Import Documents that are required for Imports. Using
the information available on Lenovo Laptops for India Infotech from Ingram
Hongkong, elaborate your understanding on the following terms used in this
case. Finally derive the Total Landed cost to India Infotech at site in Indian
Rupees : 1. Commision agent: 2. Import: 3. FCL 4. FOB 5. Port of Loading: 6.
Lead time 7. Letter of credit, 8. Customs duty 9. Assessable value. 10. CIF
Question 3a.
Referring Scenario 3 of an Online Shopping Site of ABC, detail out the
importance of E Commerce in Supply Chain in today’s scenario and its advantages
over the Traditional trade as well as Modern Trade (Hyper markets).
Question 3b .
Cornfresh consignment came in normal container and when landed in Delhi was
found to have developed odour, damaged and non-usable. Further, ABC did not
even get insurance claim despite taking Transit Insurance. What could have be
the possible reasons that the odour and damages to bag would have happened and
in what conditions the Insurance company would not honour the claim.
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