Curriculum
International Logistics & Port management IN COLLABORATION WITH Quantum university IN INDIA
Maritime business management IN COLLABORATION WITH Quantum university IN INDIA
Course Summary
The PGDM programme is built in 2 stages. In the first eight months are focused on building the foundation and in depth understanding of the international logistics & port management industry and also training the students to excel in computing and communication skills. The next four months, focus will be to impart hands-on training in the real world with internship & a thesis
The learning and teaching will consist of a variety of elements such as lectures, tutorials, workshops, animated/non-animated video, practical work, seminars and trips. The assessment strategy will include individual/group reports and/or presentations, case studies, essays, open/closed book exams, portfolio development, reflective journals and experiential work based activities.
The learning and teaching will consist of a variety of elements such as lectures, tutorials, workshops, animated/non-animated video, practical work, seminars and trips. The assessment strategy will include individual/group reports and/or presentations, case studies, essays, open/closed book exams, portfolio development, reflective journals and experiential work based activities.
- 100+ hours of delivery from industry professionals and subject matter experts.
- Dedicated placement assistance throughout the program.
- Hands-on learning with industry projects.
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INTRODUCTION TO MARITIME BUSINESS MANAGEMENT
Logistics & Supply Chain Management
Logistics & Supply Chain Management
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- To introduce students to vital logistics functions comprising distribution transportation, material handling and storage system and to give them an understanding of basic logistics principles to ensure competitive advantage in the industry.
Curriculum includes
Unit 1
Strategic Lead-Time and JIT Management
- Time based competition- The concept of lead time-Logistics pipeline management- logistics value engineering
- The lead time gap – Just In Time (JIT) and quicker response logistics
- The Japanese philosophy – Implications for logistics – Quick response logistics – vendor managed inventory -Logistics information system – Logistics system dynamics – Production strategies for quick response
Unit 2
Managing the Supply Chain
- Creating the logistics vision – The problems with conventional organizations – Developing the logistics organization – Logistics as the vehicle for change
- The need for integration – Managing the supply chain as a network – Process integration and ECR-Co-makership and logistics partnerships-supplier development – Leading edge logistics
Unit 3
International Dimensions of LSCM
- Exposure to international logistics – Process flow- Foreign trade basics – Government policies – regulations – stakeholders in international trade & supply chain
Unit 4
Introduction to Logistics & Supply Chain Management
- Introduction to Logistics-Logistics and Competitive Strategy-Competitive advantage-Gaining competitive advantage through logistics
- The mission of logistics management- The Supply chain and competitive performance- The changing logistics
Unit 5
Customer Service and Measuring performance – 10 hrs
- The marketing and logistics interface Customer service Customer service and customer retention Service driven logistics system Setting customer service priorities Setting service standards
- The concept of total cost analysis – Principles of logistics costing-logistics and the bottom line-Logistics and shareholder value – Customer profitability analysis – Direct product profitability – Cost drivers and activity based costing.
Unit 6
Benchmarking and Supply chain
- Meaning of benchmarking-Benchmarking the logistics process-Mapping supply chain process-Supplier and distributor benchmarking-Setting benchmarking priorities- Identifying logistics performance indicators-Managing the Global Pipeline
- The trend towards globalization in the supply chain-The challenge of global logistics-Organization for Global
Export & Import Management
Export & Import Management
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- To provide the students with an adequate knowledge on formalities for export & import trade
- the finance, documentation process required for import and export
Curriculum includes
Unit 1
Introduction to import & export
- Basics of Exports – Classification of goods-Preparation for Exports – Methods of Exporting -Export Marketing Organizations – Functions-Registration formalities
- IEC Number-Procedure of obtaining IEC Number-RCMC (Registration Cum Membership Certificate) – Export Credit Guarantee Council (ECGC)-Application for import and export of restricted items.
Unit 2
Documentation Framework and Contracts
- Aligned Documentation System: Commercial Documents-Auxiliary Commercial Documents-Regulatory Documents-Documents related to goods
- Documents related to Shipment -Documents related to Payments – Documents related to Inspection – Documents related to Excisable Goods-Types of Contracts-Export Contracts.
Unit 3
Payments and Finance
- Factors – Methods of receiving Payment-Instruments of Payments – Letter of Credit – Pre-shipment Finance
- Post-shipment Finance – Post-shipment Credit in Foreign Currency – Negotiation of documents with bank – Duty Draw back
Unit 4
Quality Control and Clearance of Cargo – 15 hrs
- Objective of Quality Control-Methods-Procedure for Pre-shipment Inspection-Role of Clearing and Forwarding Agents
- Role of Inspection Agents-Clearance of Cargo- Central Excise Clearance Procedure-Central Excise Clearance Option-Shipment of Export Cargo
Containerisation & Multimodal Transport
Containerisation & Multimodal Transport
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- This subject is tailored to deliver theoretical and practical knowledge in handling methods, transportation modes
- various conventions pertaining to carriage of cargo. Containerisation is taught in the perspective of growing importance of transportation in world trade
Curriculum includes
Unit 1
Basic Concepts of Containerisation
- Meaning-Major Container Trades-Container Operators-Container Ships-Terminal-Consideration of Container Terminal Planning-Container Distribution-Container types
- ISO Container Dimension by types- Non- Containerisable cargo-Features of Containerization – Equipment for non-containerisable cargo.
Unit 2
Cargoes
- International Trade Distribution – Stowage: Meaning-Stowage of cargo – Factor Consideration
- Types of cargo-Characteristics-Cargo and Container handling equipment – Types of Packing-Marking of cargo – Dangerous Cargo -IMDG Code – Classes.
Unit 3
Multi-Modalism
- Multi-modal Trade Routes – Evolution – Basic Intermodal System – Modal Interface – Factors outline why shipper favour Multi-modalism
- Factors in Development – Features – Multi – Modalism Strategy – Components.
Unit 4
Physical Multimodal Operations
- Liners-Tramps-Specialized Vessels-Terms-Road transport vehicle-Road Transport Weight and Measurement-Rail Transport Vehicle and Equipment-Air
- Transport-Ports-LCL-FCL-NVOCC-Freight forwarders – Consolidator – ICD – CFS – Free Trade Area – SEZ – Factors affecting mode and route
Unit 5
Conventions Relating to Multimodal Transport
- Cargo Liability Convention: International Conventions relating to Bill of Lading (The Hague and Hague/Visby Rules (Appendix 8)-Hamburg Rule-Convention relating to Through Transport operation by Land, Rail, Air-Conventions relation to Dangerous Cargo-Carriage of Perishable Goods-International Convention for safe containers1972 (CSC).
Port Agency & Liner Trade
Port Agency & Liner Trade
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- Except for the pilot, the first and last person to board or depart during every ship’s port call is the ship’s agent.
- The agent is like a control tower for a ship’s port call, co-ordinating local scheduling and logistics with the key players — the owner, charterer, shipper, receiver, terminal, and, of course, the ship
- The agent dispatches the local services necessary for a successful port call by arranging pilotage, towage, and customs entry and clearance, while navigating deftly through the myriad national and local regulatory requirements involving the ship, her cargo and crew.
Curriculum includes
Unit 1
Introduction to Port Agency
- Basics of port agency operations, job of a port agent, skills and qualification required
Unit 2
PDA calculation
- PDA for different ports, factors influencing PDA, explanation of the factors, GRT, NRT
Unit 3
Port Rules and Regulations
- Different rules pertaining to ports, National Ports act, Harbour Master authority, Arrival and departure in ports
Unit 4
Custom House Procedure
- Arrival of goods, Cargo manifest, Bill of entry, Custom duty
Unit 5
Duties & Responsibility of Port Agent
- Appointment by the owner, responsibility for goods, arrangement of pilots and tugs, responsibility for repairs, documents for custom and harbour services, crew sign on-signoff
Unit 6
Port Operations
- OPA and Charterers agent, Various surveys, SOF, MR and B/L preparation
- Loading, Discharging operations, Cargo care, spillages, P&I club, Issuance of LOP
Transport Economics & Optimization
Transport Economics & Optimisation
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- This module provides an analytical approach to transport economics and transport policy, showing how economic principles can be applied to Transport problems
- It also examines the wider role of transport in the economy as a whole and issues of location, regional development, and economic growth.
Curriculum includes
Unit 1
Transport Market Dynamics
- Market demand-Transport as a derived demand-elasticity of demand-price elasticity measurement-income
- service elasticity-Supply of Transport-elasticity of supply-Case studies on Road, Rail, Air transport
- Job of a ship broker
- Skills and qualification required & advantage IMBA
Unit 2
Pricing policy
- Introduction-Price discrimination-Case studies on Railways-Airline pricing-Low cost airline market-Solutions to low profitability
- loss of market share-Coach pricing-Bus pricing-Price vs Quality
Unit 3
Cost Structure and Forecasting Transport Demand
- Bus operating costs-privatised railways-costing the integrated railway (case studies) Airlines-cost levels-Forecasting Transport demand-revenue
- expenditure-economic forecasting-case studies on forecasting costs& revenues-Macroeconomic forecasts-Forecast for an Integrated Transport Policy-Air traffic
Unit 4
Location and Inventory Reorder Models
- Centre of Gravity method for Warehouse or Plant location-Equipment Replacement Analysis-The EOQ model for Inventory
- Fixed reorder time and fixed reorder level type inventory models-Problem structure and solution methods for Knapsack problem and Bin packing Problems.
Unit 5
Optimisation of Transport- 10 hrs
- Using Linear Programming (LP)for product mix determination.-Use of LP for transport and logistics related problems-Assignment Problem in Logistics-Transportation problem
- Travelling salesman problem-Vehicle routing problem-Optimization of Milk run routes-Introduction to use of graphs for solving transportation related problems.
International Logistics & Global Sourcing
International Logistics & Global Sourcing
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- To understand the significance of International logistics which is a primary facilitator for the growth in trade and business.
- The paper focusses on all the drivers of international supply chain of goods-namely economic, environment, Infrastructure, Risk-management and competition.
Curriculum includes
Unit 1
International Trade & Supply Chain
- International Trade, Basic concepts of International trade Growth
- International Trade Milestones, Largest Exporting and importing countries
- International Trade Drivers, International Trade Theories-The International business environment
- International Supply Chain Management, Historical Development
- Logistics and supply chain Management-Elements of International Logistics-The Economics Importance of Logistics-International Reverse Logistics
Unit 2
International Infrastructure and Methods of Entry
- International Infrastructure, Definition, Transportation Infrastructure, Communication Infrastructure
- Utilities Infrastructure, Service Infrastructure, Legal and Regulatory Infrastructure, International Methods of Entry
- Entry strategy factors-Indirect Exporting-Active Exporting-Production Abroad-Parallel Imports-Counterfeit
Unit 3
Terms of Payment
- Terms of Payment-International payment characteristics-Alternative Terms of payment-Risks in international Trade-Cash in Advance-Open Account-Letter of Credit-Additional types of letter of credit-Documentary collection
- Forfaiting-Purchasing cards-Trade Cards-Bank Guarantees-Terms of payment as a marketing tool
Unit 4
Managing Transaction Risks and Packaging for exports
- Managing Transaction Risks-Currency used in the sales contract-The system of currency Exchange rates-Theories of Exchange rate Determinations-Exchange Rate forecasting
- Managing Transaction Exposure-International Banking Institutions-Currency of payment as a Marketing Tool-Packaging for export
- Packaging Functions-Packaging objectives-Ocean Cargo-Air Transport-Road and Rail Transport-Security-Hazardous cargo-Refrigerated Goods-Domestic Retail Packaging Issues
Unit 5
International Logistic Security and Developing CompetitiveAdvantage
- International Logistics Security-The Impact of a significant Disruption in International Logistics-International Organizations-The US approach
- The EU programs-Other countries Approach-Corporate efforts-Developing a Competitive Advantage-Communication Challenges-International English-Special English-Metric system-Cultural
Unit 6
Purchasing Operations and Structure
- Purchasing process-procure to pay process-stock checks-approval of contract &purchase order preparation-types of purchases-capital equipment
- transportation and third party purchasing-online requisitioning systems from users to purchasing-electronic purchasing
- purchase policy and procedures-Purchasing/ Supply Management Organizational–structure-drivers for centralised/centrally led /decentralized
Unit 7
Strategic Sourcing
- Strategic sourcing: Supply management and commodity strategy development-Integrative strategy-conducting a spend analysis-category strategy development
- types of strategies-in-sourcing /outsourcing-supply base optimization-supply risk management-global sourcing-total cost of ownership-evolving sourcing strategies
- supplier evaluation and selection-identify potential supply sources-Exhibitions and Trade fairs-evaluation of supply performances-supplier management and development
- quality management-creating a world class supply base-world-wide sourcing
Port Management
Port Management
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- Understand the role of shipping and ports in the global logistics supply chain.
- Explore commodities transported, ship types and changes in trade routes due to globalization.
- Discuss the characteristics of different port and terminal types.
- Identify the legal basis for the establishment of ports.
- Understand the need, principles and structure of insurance requirements for ports.
- Review port cost structure, income and pricing tariffs
Curriculum includes
Unit 1
Introduction to Port Management
- Roles and responsibility of a port manager, characteristics of a port and terminals
- various port administration models, port authority vs terminal operators
Unit 2
Marine Operations Management – 10 hrs
- Roles and responsibility of harbour master, safe and efficient pilotage services
- maritime safety in context of environmental management
Unit 3
Economics of port operations – 10 hrs
- Analyses of Port Economics Landscape, Review of port cost structure, income and pricing tariffs
- Review of financial management practices for port managers
Unit 4
Port Labour and People Management
- Describe the historic and current port labour environment
- Discuss the effective management of staff in ports
Unit 5
Current Indian Port Development
- Inland waterways, Sagarmala project, optimal utilization of port resources
- Major and Minor Indian ports, Public and Private partnership
Unit 6
Case Study- East and west coast Indian ports
- Integrate learning from across the course to a topical case study situation
- Produce a detailed and well-structured written business report
Port Economics
Port Economics
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- Economics of Port operations interface the decisions made by Port users and Providers of port services.
Curriculum includes
Unit 1
Introduction
- Theory of Port-Vessel port calls: networks- Vessel port calls: world country and vessel type-Ports and Economic development- Containerization
- world container ports-Port users’ and service providers-Users: Carriers-Users: Shippers and passengers-Service providers-Port in operation-A Container port-A Cruise port-Specific ports in operation.
Unit 2
Carriers, Shippers, Passengers
- Resources-Operating options-Output- cost-Pricing-Carrier demand in port-Ports and ship size-Port choice and shipping lines-Shippers-Business logistics management
- Supply chain management-Shipper demand in port-Port choice and shippers-Port choice and supply chains-Supply chain shipping capacity
- Passengers-Passenger time prices-Transportation demand by ferry passengers-Transportation choice and ferry passengers-Passenger demand in port-Port choice
Unit 3
Port Operating Options, Costs and Prices
- Operating options-Resource utilization and congestion-Production and capacity-Cost
- Costing port throughput-Port output measures-Effectiveness- operating objectives
Unit 4
Port Governance and Performance
- Port Governance-Port privatization-Port governance in practice-Agglomeration-Port and cities-Performance evaluation
- A single port perspective-Performance evaluation: A multi-port perspective-Port Competition- Water pollution-Air pollution.
Unit 5
Port Investment, Finance and Pricing – 10 hrs
- Financial Statements and Ratio measures-Port Costs and costing-Types of Port Costs-Logistics costing-Analysis of Port costs from the perspective of Users
- Economic versus commercial appraisal of port investments-Economic Appraisal-Commercial Appraisal of Port Investments-Project Risks and Risk Analysis
- Port Financing and Private sector participation-Economic benefits of private sector participation-Public
- Private Partnership-Port Pricing-Port Pricing Strategies-Port Pricing practices.
Internship & Dissertation
Internship & Dissertation
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- Upon successful completion of this module the student will be able to
- Discuss the role of shipping in the wider logistics and supply chain.
- Explore port management and operations
- Understand and implement Charter Party Clauses
- Understand the principle of Merchant Shipping Act
- Apply the UNCLOS in daily practice
Curriculum includes
Unit 1
Introduction to Ship Brokering
- Basics of ship brokering practice
- Introduction to top ship brokering houses
- Job of a ship broker
- Skills and qualification required & advantage IMBA
Unit 2
Market Study
- Dry market study
- Baltic report
- Platts report
- Study of various routes
- Market report study for various size of vessel
- Study of market influencing factor
Unit 3
Client Development
- Charterers and owners database exploring
- Consolidating list of owners and charterers
- Consolidating list of in-house brokers, contacting the prospective clients
- Build your own client base.
Unit 4
Negotiations
- Firm offers from Charterers and owners
- Thorough study of the offers
- Passing the counters
- Consolidating and colour coding of the counters
- Negotiating on terms not agreed
- CP analyses
- Consolidating counters
- Prepare clean recap
- Prepare clean fix recap after lifting of subs
Unit 5
Charter Party
- Understanding of sea contracts
- Contract of carriage
- Various Charter parties
- Legal aspect of charter party
- Preparation of Voyage and Time CP
- Understanding of various clauses
Unit 6
Pre/Post Fixture Operation
- Passing of voyage orders
- Allotment of the agent
- Issuance of LOI
- B/L, Switching B/L
- Laytime checking and preparation
- Passing of invoices
- Timely payment of hire/freight
- Raising of brokerage invoices