DSCM401 GLOBAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT FEB MARCH 2025
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Description
SESSION | FEB MARCHÂ 2025 |
PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
SEMESTER | IV |
COURSE CODE & NAME | DSCM401 GLOBAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT |
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Assignment Set – 1
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Q1. a. What are the factors influencing the global trade environment? Explain any two briefly
- How does production dispersion strategy contribute to promoting global trade? Explain briefly.
Ans 1.
Factors Influencing Global Trade Environment and Production Dispersion Strategy
- Factors Influencing the Global Trade Environment
The global trade environment is shaped by a combination of economic, political, technological, legal, and socio-cultural factors. These factors impact how countries and corporations interact, exchange goods, and operate international logistics networks. Trade policies, tariffs, currency fluctuations, bilateral agreements, and regulatory compliance all play a crucial role in influencing trade flows.
Government Trade Policies and Regulations
One key factor is Government Trade Policies and Regulations. Tariffs, import quotas, and subsidies can either promote or hinder international trade. Countries that promote open trade
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Q2.a. What are the types of tunnels? Explain the key benefits of tunnels in supply chain and logistics.
- Modern shipping technology is a vital lifeline of global trade and connectivity. Justify.
Ans 2.
Types of Tunnels in Logistics and Role of Shipping Technology
- Types of Tunnels and Their Benefits in Logistics
Tunnels are critical infrastructure components in the global logistics and supply chain network, enabling uninterrupted transport through mountains, under cities, or beneath water bodies. They help reduce travel time, improve connectivity, and lower fuel consumption in freight transport. Tunnels are primarily classified into railway tunnels, road tunnels, and undersea tunnels.
Railway tunnels
Railway tunnels are designed to facilitate fast, direct rail connections, especially in
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Q3.a. What is a charter agreement for shipping? Differentiate between voyage charter and time charter agreements.
- Explain the key components of the ocean liner contract system.
Ans 3.
Charter Agreements in Shipping and Ocean Liner Contracts
- Charter Agreements in Shipping: Voyage vs. Time Charter
A charter agreement is a contract between a shipowner and a charterer to hire a vessel for the transportation of cargo. It outlines the terms and conditions under which the vessel will be operated, including payment, duration, and responsibilities. The two main types of charter agreements are voyage charters and time charters.
In a voyage charter, the ship is hired for a specific voyage between defined ports. The shipowner is responsible for operating the vessel, including providing crew and managing maintenance. The charterer pays freight for the cargo transported. This arrangement is ideal
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Assignment Set – 2
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Q4.a. Explain the role of cargo insurance in international Air Transportation
- Intermodal containers are essential in global logistics and supply chain management. Justify.
Ans 4.
Role of Cargo Insurance in Air Transport and Justification of Intermodal Containers
- Role of Cargo Insurance in International Air Transportation
Cargo insurance plays a vital role in securing the interests of stakeholders involved in international air transportation. It provides financial protection against risks of loss, theft, or damage to goods while in transit. The international movement of goods by air involves several stages and handling points, each posing potential risks such as mishandling, extreme weather, pilferage, turbulence, and customs delays. These risks can lead to significant
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Q5.a. Explain various logistics intermediaries used in global logistics.
- What are Automated Clearing House’s (ACH) features in Global Logistics?
Ans 5.
Logistics Intermediaries and ACH Features in Global Logistics
- Logistics Intermediaries in Global Logistics
Logistics intermediaries are specialized service providers that facilitate the smooth flow of goods across international supply chains. These intermediaries play crucial roles in planning, coordination, compliance, and execution of global logistics operations. They bridge the gap between manufacturers, suppliers, carriers, and end customers.
Freight Forwarders
Freight Forwarders are among the most commonly used intermediaries. They organize the
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Q6.a. Explain the components of a Cargo insurance policy.
- Explain the inventory holding costs in global sourcing.
Ans 6.
Components of Cargo Insurance and Inventory Holding Costs in Global Sourcing
- Components of a Cargo Insurance Policy
A cargo insurance policy is a contract that provides coverage against loss or damage to goods while in transit. The policy has several key components that define its scope, applicability, and coverage limitations.
Insured Party
The insured party is typically the exporter, importer, or logistics provider depending on the
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