New Delhi: Indian Institute of Foreign Trade is offering an Advance Certificate Course in International Trade Logistics and Global Sourcing. The major purpose of this Advance Certificate course is to evolve a systematic awareness of the vital role of logistics in ITL (International Trade and Logistics) and GS (Global Sourcing).
Through this course, IIFT aims at teaching students to understand the various kinds of dimensions and aspects of ITL and GS ranging from government policies, regulation, and geopolitics to actual operations. Advance Certificate Course intends for equipping the proficiency of issues, challenges, and concepts comprising the risk and legal implications of Trade Logistics. It encircles various aspects of Global logistics including sourcing strategies, Cultural diversity, risks, and Policies.
Major Objectives of the Advance Certificate Course
- To comprehend the concept of Global Logistics.
- Top Challenges in International Trade Logistics
- Understand the role of warehousing, packaging, economic importance, and material handling.
- Get to know the various modes of transportation and their implication on logistics.
- Learn the Difference between Trade Logistics and Domestic Logistics.
- Explanation of purchasing and the supply process.
- Get to learn Negotiation and Contracts.
- Raising precautions against fraud in Maritime logistics.
IIFT Advance Certificate Course in ITL & GS: Highlights
| Particulars | Details |
|---|---|
| Target Audience | Middle-level and Senior-level management. |
| Pedagogy | Live Online sessions, Assignments, Case-Study analysis, and Port/Industry visits. |
| Relevant Industry | Trading, Manufacturing, Service Organisation, Aviation Industry, Logistics Industry, and Air Cargo Handling Industry. |
| Reference Material and Books |
International Trade Logistics by Dr. Ram Singh (Oxford University). Management of Business Logistics by Coyle; Bardi; Langley Cengage Publications Contemporary Logistics by Paul R. Murphy, Jr., Donald F. Wood, PHI Logistical Management by Donald J. Bowersox; David J. Closs |
IIFT Advance Certificate Course in ITL & GS: Learning Outcomes
After the successful completion of this course at IIFT, the candidates will be capable of the following;
- They will be able to Demonstrate a comprehensive analysis of the problem ( incorporating multiple perspectives) by application of the most appropriate theoretical framework
- They will get to know the process of developing an innovative and implementable approach to unravel the issue and backed with defined strengths and weaknesses of the outcomes.
IIFT Advance Certificate Course in ITL & GS: Syllabus
| Session Plan (Each Unit 1.5 Hours) | |||
|---|---|---|---|
| S. No. | Module Name | Session No. |
Topics |
Module 1 |
Introduction & Key Elements of International Trade Logistics |
1st-2nd Session |
Conceptual Framework of Trade Logistics, Interfaces between Marketing and Logistics, Logistics Performance Index(LPI),India's Logistics Indicators |
Module 2 |
Integrated Logistics & Sub System (Multi-Modal Transport) |
3rd Session |
Integrated Logistics System-Concept, need and definition |
| Module 3 | Warehousing and Material Handling |
4th Session | Warehousing, Elements of Material Handling, Principles of Material Handling, Inventory Control,JIT Concepts |
| Module 4 | . Packing Labelling and Marking in Logistics Operations |
5th-6th Sessions |
Need of Packaging in Trade Logistics, Packing vis-à-vis Packaging, Packaging and transport hazards, Precautions in Use of Packing Materials, Kinds of packaging |
| Module 5 | Choice of Mode of Transport | 7th- 8th Sessions |
Importance of Transportation, Transport Principles, Factors affecting choice of transport mode, types of Transportation Carriers, Concept and Advantages and Multimodal Transport |
| Module 6 | Transport Documents in Trade Logistics |
9th -10th Sessions |
Bill of landing, Air way Bill, Courier Receipt, Postal Receipt, Road Consignment Note, Forwarder, Multimodal Transport Document, Delivery Order, Carting Order, Gate Pass |
| Module 7 | Unitization & Role of Pallets & Containers in Multimodal Transportation |
11th & 12th Sessions |
Unitization of Cargo,Palletization of cargo, Standardization of Pallets & ISO Norms, Containerization in India, Air Cargo Containerization, Double- stack Containerization in Trade Logistics |
| Module 8 | Role of ICDs and CFS in Multimodal Transportation |
13th & 14th Sessions |
Concept of ICD/CFS,Concept :Hub & Spoke, Distinction Between an ICD & CFS, Functions of ICDs, CFSs, Role/Advantages of ICDs/CFS |
| Module 9 | Ocean Transportation |
15th Sessions |
Growing Importance of Ocean Transportation, Types of Cargo and its impact in shipping, Major Commodities Traded by Ocean Transportation, Classification of Vessels, Factors determining Ocean routes, nature of shipping trade, developments in World Shipping Services |
| Module 10 | Liner & Tramp Shipping and Freighting Practices |
16th -17th Sessions |
Liner Shipping-Principles & Freight Structure, factors affecting freights, in Containerized trade, Basis of freight rate structure, FCL/LCL/Consolidation concept, FCL/LCL Calculations, Tramp Shipping Defined, Salient Features of Tramp Shipping, Chartering Explained, Types of Chartering |
| Module 11 | Marine Cargo Insurance |
18th Sessions |
Principles of Insurance, Types of policies available, Inclusions & Exclusions, Institute Cargo Clauses, Relationship with the Incoterms 2010, Precautionary Measures for fraud prevention |
| Module 12 | Maritimes Frauds & Recent Developments |
19-20 Sessions |
Maritime frauds: Genesis, Operational aspects and the way forward, Emergence of Dedicated Freight Corridors and their impact on logistics & Cargo movement from hinterlands to ports, challenges and suggestions for Improving Multi modalism in India |
How to apply?
- All the interested candidates need to fill the application form available at the official website of IIFT www.iift.edu.
- The last date to submit the application is Feb 28, 2023.
- Make sure to fill in all the required details in the application form.
- After the candidates will be shortlisted
- All the shortlisted candidates will get an admission offer via mail from March 06 - 13, 2023.
- The tuition fee can be paid in two installments. The first instalment will be INR 12000 and the second instalment will be INR 8000
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