Assignment 1: Import Plan<\/p>\n
Proposed structure (approx. 4,000 words) (You can modify & add more)
\nExecutive Summary
\n\u2022 Not counted into the final word count
\n\u2022 Write at a short & high-level perspective, what this Import Plan is all about.
\nIntroduction
\n\u2022 Write the Purpose\/Objective of this Import Plan ~ Trading Business (buying FG-Selling in retails)
\n\u2022 Identify yourself as the Buyer\/Consignee\/Receiving party
\n\u2022 Describe the overall view of the product (nature & physical characteristics), its Supply Chain using
\ncontainerised seafreight & land transport, contents of your Import plan, E.g. decisions to be made,
\njustifications of these decision, cost & sustainability aspects (add process flow chart, pictures &
\nother illustrations)
\n[1] Procurement Plan
\n\u2022 1.1 Market Research on the demand for your product
\n\u2022 1.2 Sourcing – Selection of the supplier of your product (Decision & Justification; sustainability)
\no Identify 2 or 3 countries that produces this product
\no Make a decision & justify which country you want to buy this product from.
\no Ethical Sourcing (sustainability, Cost $$$)
\n\u2022 1.3 Negotiation with your Supplier ~ Product Price, Sea-freight shipment Incoterms, delivery
\nfrequency of orders & expected quantity of the orders & quality of product (Decision & Justification)
\n\u2022 1.4 Forging a Purchasing Contract with that chosen Supplier.
\n\u2022 1.5 How the Purchase Orders (PO) are to be sent to your Supplier \u2013 frequency and quantity.
\n\u2022 1.6 Cost involved in this Procurement Plan (Cost $$$)
\n[2] Acknowledgement of your PO from the Supplier
\n\u2022 Describe how the supplier is expected to acknowledge your PO.
\n\u2022 Supplier should send you an Advanced Ship Notice (ASN), Vessel & Route details and schedule of the
\nexpected ETA of the cargo, depending on the frequency of your orders.
\n[3] Import Freight (International cargo) Shipment Plan
\n\u2022 Add a process flow chart or route map (from Supplier\u2019s premises to your warehouse in Singapore).
\n\u2022 Packing and Packaging methods of your Product (Decision, Justification, sustainability, e.g. materials
\nused in the packing & packaging)
\no Packing \u2013 describe how the final product is packed E.g. plastic bags, vacuum sealed, etc.
\n(Decision, Justification, Sustainability and Costs $$$)
\no Packaging \u2013 describe how your product is packed in wooden crates, Styrofoam boxes, skids, small
\nboxes, small cartons, how many cartons in an outer carton, how many outer cartons in one pallet,
\nhow many pallets in one Container. (Decision, Justification, Sustainability materials & Costs $$$)
\n\u2022 Use Multimodal Transport as a movement method (Decision, justification)
\no Select an international Freight Forwarder (Decision, justification)
\n\u2022 Selected Incoterms (Decision, Justification & Costs $$$)
\no [Hint: Please research & understand these Incoterms for this segment. www.searates.com ]
\no Please choose either CIF, CFR or FOB. Do not choose EXW (Ex-Works), DDP (Delivered-Duty-
\nPaid) or the rest of the Incoterms.
\no FOB: Free-on-Board (the ship). Cargo is owned by the Seller up to the point when the cargo is
\nlifted onto the Ocean Liner at the Export Seaport. Thereafter, the Buyer takes over ownership
\nof the cargo once it comes on board the Ship.
\no CIF: Cost, Insurance and Freight. Cargo & the Marine Insurance is owned by the Seller until it
\nreaches the Import Seaport.
\no CFR: Cost and Freight. Cargo is owned by the Seller until it reaches the Import Seaport. The
\nMarine Insurance is usually negotiated & not 100% covered by the Seller. Can be shared cost
\nor covered entirely by the Buyer.
\nAssignment 1: Import Plan
\nPage 2 of 2
\n\u2022 Containerisation process at the Export factory\/warehouse
\n\u2022 Describe the Route from the chosen supplier\u2019s premises to the Singapore Seaport.
\n[4] Import (Containerised) Port operations
\n\u2022 Containerised Import Process and Docking Procedures (add a process flow)
\n\u2022 Stevedoring (Lifting of cargo on\/off the vessel) handling activities (Cost $$$)
\n\u2022 Import Port handling charges \u2013 drayage, shunting, storage (Cost $$$)
\n\u2022 Import Customs Clearance procedures, & requirements (insert a process flow)
\n\u2022 Import Customs Documentation needed
\no Shipping documentation ~ describe the (Ocean) Bill of lading
\no Import Customs documentation ~ Country of Origin certification, Safety & health
\ncertification, fumigation certification, strategic goods certification, product manufacturing
\ncertification, etc.
\no Transport Documentation ~ Delivery Order (Point to Point, E.g. SG Port to your Warehouse)
\n[5] Local Transportation Plan
\n\u2022 Arrangement for local container trucking \u2013 from Seaport to your Distribution Centre
\n\u2022 How is the transportation process being carried out (Decision, Justification & sustainability)?
\no Sustainability ~ can be addressed on issues like E.g. pollution, CO2 emission, Noise pollution,
\ncongestion @ seaport and road, dangerous driving, electric trucks, proper scheduling, etc.)
\n[6] Local Transportation Costs Details ($$$)
\n\u2022 Selecting the local trucking company to do this for you (decision, justification)
\n\u2022 Trucking Costs; Manpower Cost; Insurance, risks cost (Cost $$$)
\n[7] Local (Singapore) Distribution Centre\u2019s Operations
\n\u2022 You the student, are the Buyer here. This is a Trading Business (buy the Finished Product, Store it &
\nthen distribute it to your Retailers).
\n\u2022 Receiving activities including unstuffing of the container when they arrive (Cost $$$)
\n\u2022 Breakbulk process after receiving the products in the containers (Cost $$$)
\n\u2022 How you are going to store the inventory (Decision & Justification, sustainability, Storage Cost $$$)
\n\u2022 Any value-added activities, e.g. repacking, labelling, etc. (Decision, justification, Cost $$$)
\n\u2022 Write on the handling of the materials including manual work, semi-automation (Cost $$$)
\n\u2022 Local Distribution (short) plan
\no Write on your plan on how you intend to distribute the products to the various Retail shops
\n(Decision & Justification)
\n[8] Conclusion (concussion)
\n\u2022 Summary of the Key findings \u2013 might be a good idea to include a summary of the total Costs ($$$)
\nidentified in the above sections
\n\u2022 Statement to declare that you have met the Import Plan Purpose\/Objective
\nReferences (minimum 15)
\nAppendix (if any)<\/p>\n","protected":false},"excerpt":{"rendered":"
Assignment 1: Import Plan Proposed structure (approx. 4,000 words) (You can modify & add more) Executive Summary \u2022 Not counted into the final word count \u2022 Write at a short & high-level perspective, what this Import Plan is all about. Introduction \u2022 Write the Purpose\/Objective of this Import Plan ~ Trading Business (buying FG-Selling in … Continue reading Assignment 1: Import Plan<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1661","post","type-post","status-publish","format-standard","hentry","category-questions-and-answers"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t