IBO 05 Solved Assignment 2024-25

 

IBO 05 Solved Assignment 2024-25

International Marketing Logistics

IBO 05 Solved Assignment 2024-25 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

Assignment Code: ASST/ IBO 05 /2024-25

Marks: 100

Attempt all the questions:

Q1. a) State the four levels at which logistics information is needed and explain the main features of an integrated information system.

Logistics information is essential for efficient management of the flow of goods and services. The four levels at which logistics information is needed are:

Strategic Level: This level involves long-term planning and decision-making. Strategic logistics information is used by top management to set overall objectives, formulate policies, and allocate resources. Information at this level includes market trends, competitor analysis, and long-term capacity planning.

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Tactical Level: Tactical logistics information is used for medium-term planning and implementation. It focuses on translating strategic objectives into specific actions and plans. This includes demand forecasting, inventory management, transportation planning, and warehouse optimization.

Operational Level: Operational logistics information deals with day-to-day activities and execution of plans. It includes order processing, inventory control, routing, scheduling, and real-time tracking of shipments. This level requires accurate and timely information to ensure smooth operations and minimize disruptions.

Execution Level: This is the lowest level of logistics information, where activities are carried out on the ground. It involves tasks such as picking, packing, loading, and unloading of goods. Information at this level needs to be detailed and specific to facilitate smooth execution of logistics processes.

An integrated information system in logistics refers to a unified platform that consolidates data and processes across different functions and levels of logistics management. Some main features of an integrated information system include:

Centralized Data Management: An integrated system consolidates data from various sources and stores it in a central database. This ensures consistency, accuracy, and accessibility of information across the organization.

Real-time Monitoring and Tracking: Integrated systems provide real-time visibility into logistics operations, allowing managers to monitor the movement of goods, inventory levels, and transportation status. This enables proactive decision-making and quick response to any disruptions or delays.

Efficient Communication and Collaboration: Integrated systems facilitate seamless communication and collaboration among different stakeholders involved in the logistics process, including suppliers, manufacturers, distributors, and customers. This helps in coordinating activities, sharing information, and resolving issues effectively.

Automation and Optimization: Integrated systems often incorporate automation and optimization capabilities to streamline processes and improve efficiency. This may include automated order processing, dynamic routing algorithms, and predictive analytics for demand forecasting and inventory management.

Scalability and Flexibility: Integrated systems should be scalable to accommodate the changing needs and growing volumes of logistics operations. They should also be flexible enough to adapt to evolving technologies, industry trends, and regulatory requirements.

By leveraging an integrated information system, organizations can enhance their logistics performance, reduce costs, improve customer service, and gain a competitive advantage in the marketplace.

b) Why is order processing regarded as a primary logistics activity? Describe the sub activities involved that every logistician should be aware of if he is to efficiently manage the customer service.

Q2. a) Discuss briefly the constraints faced by Indian shipping industry.

b) Describe the advantages of containerisation to the shippers and the shipowners. Also state its disadvantages, if any.

Q3. Briefly comment on the following:

a) “Logistics system helps in improving the customer service.”

b) "Despite increasing volume of India's overseas trade over the period, the performance of Indian shipping has been rather disappointing."

c) The Principle of "Charge What the Traffic Can Bear”.

d) 'Shippers-Shipowners consultation arrangements in India leave much scope for improvement."

Q4. Distinguish between the following:

a) General Cargo Rates and Specific Cargo Rates.

b) Clean and is Qualified Bill of Lading

c) Weight Ton and Measurement Ton

d) Shipowners' Lien and Maritime Lien

Q5. Write short notes on the following:

a) Joint Ventures

b) Privatisation of ports

c) International Chamber of Commerce

d) UN Liner Code.

IBO 05 Solved Assignment 2024-25 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

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