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Advantages And Disadvantages Of Integrated Logistics

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In view of the rapidly and constantly changing business environment globally and fast evolving trade and commerce scenario in India vis-à-vis global market, there is increasing requirement of reliable and dependable integrated logistics solutions providers who can provide comprehensive, professional and dependable logistics support to the industry, keeping the same in mind and with the vision to provide quality and professional comprehensive logistics solutions to the international & domestic trade.
In the development of any country’s economy, exports play a crucial role. Export is the most important aspect of earning foreign exchange. A country should have to be equipped with natural resources, so that it can sell these resources into the …show more content…

The lack of knowledge for trade regulations, cultural differences, different languages and foreign-exchange situations as well as the strain of resources and staff interact like a block for exporting. Indeed there are some SME's which are exporting, but nearly two-third of them sells in only to one foreign market. The following assumption shows the main disadvantages: Financial management effort: To minimize the risk of exchange-rate fluctuation and transactions processes of export activity the financial management needs more capacity to cope the major effort Customer demand: International customers demand more services from their vendor like installation and startup of equipment, maintenance or more delivery services. Communication technologies improvement: The improvement of communication technologies in recent years enable the customer to interact with more suppliers while receiving more information and cheaper communications cost at the same time like 20 years ago. This leads to more transparency. The vendor is in duty to follow the real-time demand and to submit all transaction …show more content…

 N0 0bjecti0n certificate has been issued by the shipping line t0 make sure that they have n0 0bjecti0n t0 0pen the c0ntainers f0r the examinati0n 0f goods.

 CHA then presents the bill 0f entry t0 the cust0ms f0r n0ting and then cust0ms gives the imp0rt department the serial n0. that c0mes 0n all c0pies 0f bill 0f entry.

 CHA pays wharf age t0 the p0rt auth0rity and the 0riginal c0py 0f wharf age g0es t0 the treasury 0f p0rt trust.

 Cust0ms give the examinati0n 0rder 0n the back 0f 0riginal bill 0f entry in case 0f first check pr0cedure.

 Carg0 is inspected in fr0nt 0f the cust0ms. Cust0ms give the examinati0n rep0rt at the back 0f the bill 0f entry.

 Cust0ms assessed the duty t0 ensure that the duty evaluated by the CHA is c0rrect.
Pri0r t0 this, the CHA 0n the basis 0f inv0ice, packing list prepares the bill 0f entry. The bill 0f entry is a proof that the goods have been imported.
For custom clearance purpose, the importer has to submit to the customs authority a form, which is known as bill of

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