WORLD MARITIME UNIVERSITY SPM235 MARITIME AND COMMERCIAL LAW Random number: 445211 20 August 2012 Prof. Patrick Donner Word count: 1940 (excluding cover page‚ table of contents and reference list) I. Introduction The ideal of harmonization and uniformity has always proved to be particularly important factor of maritime law due to the character of maritime industry’s transaction has historically been perceived as somewhat international trade and international law. However
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CHAPTER 11 TEST QUESTIONS True-False 1. Efficiency of distribution facilities and networks is not nearly as critical as their speed. True/False 2. Inventory handling‚ storage‚ and processing facilities help supply chains create time and place utility. True/False 3. Sortation refers a type of conveyer equipment. True/False 4. Organizations may benefit substantially from the establishment of one or several warehouses to reduce transportation costs. True/False 5. A common fulfillment
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Freight Forwarders can act as either a Principal or Agent. Describe in your own words the differences between each. Under what circumstances might a Freight Forwarder want to act as either a Principal or Agent? When Freight Forwarders act as principal‚ they assume all responsibility and liability for the pick-up‚ handling‚ transporting and delivery of the shipment as a regular common carrier would. Their name is on the BOL. When a Freight Forwarder acts as an agent‚ their liability ends once
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supply chain. These companies offer services that can allow businesses to outsource part of their supply chain management function. Many 3PL companies offer a wide range of services including: inbound freight‚ freight consolidation‚ warehousing‚ distribution‚ order fulfillment and outbound freight. The growth of 3PL companies has been driven by needing businesses to become leaner‚ reducing assets and allowing focus on core business processes. For example‚ if a company has always managed its own logistics
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continuous-replenishment supply chain model is to replenish the inventory constantly by working closely with suppliers and intermediaries. Examples: 1- This model is most applicable to environments with stable demand patterns‚ as the case with distribution of prescription medicines. E.g. McKessen Co. 2- Campbell Soup Company However‚ if the replenishment process involves many shipments‚ the cost could be too high‚ causing the supply chain to collapse. Therefore‚ tight integration
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emergency situation‚ using whatever modes of transport are required to get the job done. Traditionally‚ someone at the JIT plant would work piecemeal each time a premium-freight shipment was required. They would call an expedited carrier‚ but not necessarily one that would provide the best price or service. Premium freight expenses are often contained within general inbound or outbound freight budgets‚ and are not singled out as separate line items. The entire process of ordering premium freight
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increasing retail outlets or distribution centers. Wal-Mart always highlights the need to reduce its purchasing costs and offer the best price to its customers. The company acquires goods directly from manufacturers‚ bypassing all intermediaries. Wal-Mart is a tough negotiator on prices and finalized a purchase deal only when it is fully confident that the products being bought were not available elsewhere for the same low price. Wal-Mart had over 40 distribution centers located at different
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Assessment 3 Buyer: The Theatre of Wine‚ in Greenwich‚ London‚ United Kingdom Shipowners/Shippers: Carry Carefully‚ South Africa The copy of B/L is attached. A. 1. for the carriage of a consignment of wine from South Africa (which has incorporated the Hague-Visby Rules‚ under its own Carriage of Goods by Sea Act 1986) to London (the UK). 2. The wine was shipped and the master issued a clean straight bill for the goods‚ which contained a "no liability for loss or damage caused
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amswarehouse@aol.com OfficePhone 757-393-7467 Availability Contact Company Total Space: 70‚000 SqFt Rail Services: 3PL Distribution Segregation Trucking Export Packaging TruckDocks Type of Storage Dry Bonded HazMat Cold Household Goods FoodProducts Other Notes A&R Transport‚ Inc. Total Space: 70‚000 SqFt Rail Services: Chesapeake VA 3PL Distribution Segregation Trucking Export Packaging TruckDocks Point of Contact Mr Paul Garber Title Vice President E-mail pgarber@artransport
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to remain compact and competitive yet dynamic and service oriented in our approach to meeting all our clientele requirements. We provide the following services: Supply Chain Management International Air Freight Sea Groupage Rail Road Transport Distribution and Warehousing Packaging and Palletisation Customs Clearance Project Cargo Ship and Aircraft Chartering •Organisational Structure of the company [pic] •Detailed description of the work
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