Logistics, Trade Administration and Supply Chain

The Packing List is a document prepared by the shipper listing all kinds and quantities of merchandise in a particular shipment. A copy of packing list is often attached to the shipment itself and another copy send directly to the consignee to assist in checking the shipment upon received. In other words, the packing list is also called a bill of parcels. The packing list includes the following elements: Name and address of the seller/shipper/consignor, Name and address of the buyer/consignee, Issuance date, Invoice number, Sales order or contract number, Quantity and description of the goods, Shipping details including weight of the goods, number of packages, shipping marks and shipping numbers, Quantity and description of contents of each package, cartons, crate or container, Any other information as required in the sales contract or documentary credit e.g. country of origin. The packing list is a more detailed version of the commercial invoice but without the price...

Transportation: Transportation is a very essential part of the logistics system. A major focus in logistics is upon the physical movement or flow of goods or upon the network that moves the product. This network is composed of transportation agencies that provide the service for the firm. The logistics manager is responsible for selecting the mode or modes of transportation used in moving the raw materials and finished goods or for developing private transportation as an alternative. Storage: A second area, which has a trade-off relationship with transportation, is storage or in some circumstances called warehousing. It involves two separate but closely related activities i.e. inventory management and warehousing. A direct relationship exist between transportation and the level of inventory and the number of warehouses required. For instance, if firms use a relatively slow means of transport, they usually have to keep higher inventory levels and usually have more warehousing spa...