WWW.SMUSOLVEDASSIGNMENTS.COM GET SOLVED ASSIGNMENTS AT NOMINAL COST VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com YOU MAY CALL US ON - 7506193173 WHATSAPP NUMBER- 9967480770 INTERNAL ASSIGNMENT APPLICABLE FOR APRIL 2019 EXAMINATION World Class Operations 1. Briefly explain the various types of environmental pollution and their management to attain world class standards in operations. 2. What are the different levels of quality system? Explain with a suitable application. 3. Mr. Subramaniam has worked with a major Japanese manufacturing firm in Japan for the last 12 years. During the last two years of his stay in the company he was responsible for the implementation of SHINGO Model for operational excellence. He has now been invited by the Quality Council of India to consult for an Indian auto manufacturer for the implementation of the SHINGO Model. a. Explain in brief the steps that Mr. Subramaniam would advise the Indian company, to follow in order to implement the SHINGO Model for operational excellence. b. In the above context briefly state the difference in approach of the FMECA model from the SHINGO Model for operational excellence, in achieving world class operational standards. Custom Shipping and Insurance 1. You have imported a consignment of 10 containers of holders for stainless steel cutlery by sea. The rate of each holder as per your invoice is Rs. 175 while the customs assess the rate as Rs. 480 based on the prevailing market price and asks you to pay the duty on this higher price. You have argued that the holders are not stainless steel and hence the cost is very less. Due to this delay in clearance the demurrages started increasing and your company asks you to clear this and protect the interest of the company by not paying the higher duty. Company asks you to find out a legal way to pay higher duty and fight the case to establish your claim. What is the method of paying duty to protect your interest to fight the case and file the claim? 2. In your company’s budget meeting the management is asking you to give various clauses of insurance coverage and suggest the best type of insurance clause to cover all losses. Kindly give a detailed information on three institute of cargo clauses of insurance and also suggest a best one with supporting explanation. 3. Your company has imported a Forklift three months back and found to be not suitable for the operations. Hence, they want to re-export it without asking for replacement. The duty paid on this must be claimed under duty drawback. Your company seeks your advise on the following: a) Under which section of customs act 1962, this can be returned and claimed the duty paid ? b) Please explain the section and the rate of duty drawback for this re-export? International Logistics & Supply Chain Management Context: Assume that you are appointed as a Logistics & Supply Chain Head of a firm “ ABC International” based out of Delhi. This firm is in Import -Export with its clients spread across Mumbai, Delhi and Riyadh, Saudi Arabia This firm is required to do the following activities: 1) For its client based in Delhi, “Corn fresh Ltd” it is required to import consignment of 22 tons of packed Sweet Corn, which has a requirement of being stored in (-) 4 degree, supplied in 50 kg export worthy double layer polybags, on pallets of 20 bags each, imported from USA, with a lead time of 35 days by sea
WWW.SMUSOLVEDASSIGNMENTS.COM at Nhava Sheva for a full container load @ USD 1300/container, 38 days at Chennai port @ USD 1100/container, Cost ICD Delhi being 1500 USD/Container with a lead time of 42 days. 3 days by air at Delhi @ USD 5/k. Local transit time being 7 days Mumbai- Delhi, 9 days being Chennai-Delhi. 2) As a Commission agent, Import and supply Provide 1000 Lenovo Laptops to “India Infotech” a company based in Kolkatta from Ingram, Hongkong; with a 5% commission. Quote of Dell being as follows: For an FCL with a loading capacity of 1100 pcs, price on FOB Hongkong sea port is: USD 1000/number for 500 number, USD 800 upto 800 Numbers, USD 700 if order is between 801-1000 numbers, Manufacturing Base : Hongkong,, Port of Loading: Hongkong. Lead time 60 days from the date of receipt of Original Letter of credit, Payment terms LC at Sight. Warranty : Repair – 3 years from the date of manufacturing, Service SLA for response: 48 Business hours, Serivce SLA for resolution : 7 days from the date of inspection. Freight/container Hongkong to Nhava Sheva = 500 USD.. Insurance cost : 1% of consignment FOB cost. USD = 65 Rs, .Customs duty = 10% of Assessable value. Assessable Value = 101% of CIF cost. Local Transport from Nhava – Sheva to Jaipur = Rs 20000/truck. Each truck carries upto 300 laptops. 3) ABC International also has an E-Commerce site on internet. ABC offers Sale of Fresh Exotic flowers, which it imports from Italy and supplies in the Indian market to its online direct consumers. Question 1. Defining Different types of Transportation Modes and types that can be availed by an Logistics and Supply Chain person and then suggest the most appropriate Transportation mode comparing with available options for each of the above 3 scenarios, i.e import in Delhi for Corn fresh, Import of Laptops for Raj Infotech and Import of fresh flowers for E commerce business and also delivering to online customers, and justify the reason/benefits of your choice versus other modes of transportation available. Question 2. Define various Commercial & Import Documents that are required for Imports. Using the information available on Lenovo Laptops for India Infotech from Ingram Hongkong, elaborate your understanding on the following terms used in this case. Finally derive the Total Landed cost to India Infotech at site in Indian Rupees : 1. Commision agent: 2. Import: 3. FCL 4. FOB 5. Port of Loading: 6. Lead time 7. Letter of credit, 8. Customs duty 9. Assessable value. 10. CIF Question 3a. Referring Scenario 3 of an Online Shopping Site of ABC, detail out the importance of E Commerce in Supply Chain in today’s scenario and its advantages over the Traditional trade as well as Modern Trade (Hyper markets). Question 3b . Cornfresh consignment came in normal container and when landed in Delhi was found to have developed odour, damaged and non-usable. Further, ABC did not even get insurance claim despite taking Transit Insurance. What could have be the possible reasons that the odour and damages to bag would have happened and in what conditions the Insurance company would not honour the claim.
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