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INTRODUCTION
Logistics
Business logistics is the planning, organizing and controlling of all moves
store activities that facilitates product flow from the point of raw materials
acquisition to the point of final consumption and the necessary information flows,
for the purpose of providing a sufficient level of customer services in a cost
effective manner.
Term logistics originates from the ancient Greek word logos. Logistics
is considered to have originated in the militarys need to supply themselves with
arms, ammunition and rations as they moved from their base to forward position.
In the words of a layman, logistics can be defined as having the right type
of product or services at the right place, at the right time, for a right price and in
the right condition. Logistics has evolved as a common and well known business
concept because of the ever increasing complexities of modern day business. The
primary goal of logistics is to effectively manage the project life cycles and
resultant efficiency. This has greatly evolved with a logistics managers role in
efficiently designing the products of the company keeping in view the principle of
efficient system of supply chain management.
Planning
Controlling
Directing
Coordination
Forecasting
Warehousing
Transportation
Facility location
Inventory management
All the activities that are involved in the movement of goods and services
from the point of final consumption are grouped under the term logistics. The art of
managing all these activities when grouped together as a collective unit, are placed
under logistics management. People who are authorized or given the task of
managing the aspects of logistics management are referred to as logistics
managers.
In the view of the rapidly and constantly changing business environment
globally and fast evolving trade and commerce scenario in India with the global
market, there is an increasing requirement of reliable and dependable integrated
logistics solutions providers who can provide comprehensive, professional and
dependable logistics support to the industry, keeping the same in mind and with the
vision to provide quality and professional comprehensive logistics solutions to the
international and domestic trade.
In the development of any countrys economy, exports play a crucial role.
Export is the most important aspect of earning foreign exchange. A country should
have to be equipped with natural resources, so that it can sell these resources into
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the international market. With the opening up of the Indian economy, the
international trade has been increased significantly as there are less restriction on
export and imports. More and more multinationals are registering their entry into
the Indian market. The imported products are now in well reach of Indian
customers. The living standard has been improved. This results in substantial
amount of growth in both exports and imports. The procedure of both the exports
and imports are time consuming and complicated. In this regard there are several
logistic companies providing their services on the behalf of the exporters and
importers to facilitate the trade between them. The logistics companies take over
the responsibility of sending the goods from the exporters premises to the importer
premises, which includes the aspect of total door to door delivery.
Transworld Shipping and Logistics Ltd is a leading service provider in
logistics industry. Over the years they have operated smoothly with their wide
spectrum of personalized service.
Cashew kernels
Chemicals
Coffee
Coir products
Fish
Ginger
Pepper
C.P. Goods
Tea
Turmeric
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Imports
Chemicals
Machinery
Miscellaneous
Objectives of Study
To know about logistics industries.
To get an exposure of organization environment within the industry.
To know the functions of each departments and also to learn about each
executives activities and responsibilities
CHAPTER - II
WORK DONE DIARY
First week
During the first week of my training, I learned about the day to day activities
of logistics and accounts department.
The logistics department is responsible for the preparation of various reports
to carry out the operations. In the department I learned about the preparation of
reports such as preparation of daily report of empty units, report for follow up of
container movement from ports, monthly cost and recovery report etc. They also
guided me in preparing various reports from the system and its updation in the
system using Oceanus software.
The accounts department main work is to deal with local payments and
receipts, preparing invoices for the services rendered. The training in the
department helps me to learn about, how to prepare the invoices for the different
services. They also trained me how important is the monitoring of each bills in the
company.
Second week
Third week
In the last week of my training I have been to the operations, marketing and
sales departments.
The operations department enabled me in getting practical exposure to the
industry standards. It teaches me, how the department communicates with various
governmental organizations like port, customs and internal departments for followups of consignment and its smooth flow. The department thought me, how to
monitor movement of container for both exports as well as imports.
The last department I have been during the institutional training was
marketing and sales department, where I got an experience about the companys
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marketing techniques, how they deal with its customers for reasonable profits.
They maintain a separate customer data records. I learned from this department
how to handle queries and problems of the customers, which they come across
daily, thus achieving the logistical competency over their competitors.
During the entire period of my institutional training, I got an exposure to the
working environment of the logistics industry. It was very informative and
knowledgeable in a very co-operative learning environment. I learnt how our
theoretical aspects are different from practical field in the industry.
CHAPTER - III
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COMPANY PROFILE
Transworld Shipping and Logistics Ltd
The transworld group of companies was established in 1976 by
Mr.R.Sivaswamy. Starting off as a shipping agency in Bombay, the group has now
diversified into a multi-faceted shipping and logistics company. The activities of
the group include: ship owning [container and bulk carriers], feedering, NVOCC,
Logistics, freight forwarding and supply chain management, CFSs, ship
management and shipping agencies. Headquartered in the Jebel ali free zone
Dubai, UAE, with offices in USA, Saudi Arabia, Oman, Kuwait, Sri Lanka,
Pakistan and offices in 28 Indian cities combined with strong network partners
world over transworld offers a one-stop shop to all our customers.
The Transworld Group has three ship owning companies, based in India,
UAE and Singapore, which collectively own a fleet of container vessels. The
Group has dedicated shipping line agencies which cater to clients with
international logistics needs. Our companies enjoy a thriving presence in the
business of air and surface cargo movement as well as CFS operations. The Group
specializes in the integration of all functions across the supply chain, from sourcing
of raw materials through product warehousing to the distribution of finished goods
through its best-in-class warehousing and distribution centres.
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Transworld group are among the leading International providers of multimodal integrated logistics services in the Middle East, Indian Sub-Continent and
South East Asia.
Vision
To be a premier organization, which offers total shipping solutions by
providing high quality innovative services to its customers, stakeholders and is the
market leader and the trendsetter in the Indian Sub-Continent, Arabian Gulf &
South East Asia region.
Mission
Committed to provide total transportation through quality service and be the
customer's first choice.
Values
Trust and Openness. Transparency in all dealings
Mutual Respect. Respecting the dignity of individuals
Quality. Dedicated to customer driven quality, constantly striving to improve
processes and services guided by the changing needs of the customers
Excellence. Believe in continuously improving upon the benchmarks
Customer Orientation. The concerns and needs of the customers are the
guiding force behind all the endeavours
Corporate Responsibility
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Key Focus
Governance and Ethics in workplace
Eco-efficient work environment, with a focus on recycling, energy efficient
systems and wastewater management
Safe work environment, work-life balance, social and gender equality, and
human rights
Women Empowerment in workplace and community
Opportunities to the Intellectually Disabled
Community Investment in the field of education, especially in remote and
economically backward area, to provide equal opportunity
Transworld Group commits to using its resources to contribute to the
organization and to the community
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12
First to operate a fully cellular common carrier container feeder service from
India
First to commence Indo-Pak shipping service
First Indian Ship Operator to obtain ISO 9002 certification in 2001
First Logistics company to pioneer Multimodal products
First and only Indian company to operate dedicated container berths at
Indian ports
First Indian company to commence coastal feeder service linking Indian
ports
First Liner Agency in India to introduce regular container service
First Agency to move containers between Ports and Inland container depots
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OESM was accredited with ISO 9001 in 2000 and Shreyas Shipping and
Logistics Ltd with ISO 9002 in 2002
TWSS bagged the Best Shipping Agent award for four consecutive years,
BRANCHES
IN INDIA
awarded by UASC
The company has a worldwide partnership network of agents who are
Orient Express Lines Limited bagged the Ship owners/operators award at
engaged in all aspects of shipping and international transportation for ocean and air
The 2006 Lloyds List Middle East and Indian Sub-Continent Shipping
shipping. Transworld Shipping and Logistics Ltd has a pan India presence with its
Awards
own office and representative offices at following locations
Orient Express Ship Management Limited was adjudged the best Ship
New Delhi
Ludhiana
Manager, at the Seatrade awards function and was accordingly bestowed The
Chennai
Indore
Seatrade Middle East and Indian Sub-Continent Shipping Award 2007 for
Tuticorin
Tirupur
this category - a recognition given to OESM for its contribution to the
Cochin
Baroda
maritime industry in the field of ship management
Bangalore
Mumbai
Ship
Owning
Kandla
Mundra
Ahmedabad
Hyderabad
Shreyas Shipping and
Logistics Ltd
Transworld Bulk Carriers (India) Pvt Ltd
Ship Owning
Feeder
GLOBAL
SERVICE
NETWORK
OEL Inc
India
Sri Lanka
Shreyas Shipping and
Logistics Ltd
Transworld Bulk Carriers FZCO
Bangladesh
Malaysia
Thailand
Singapore
Logistics
China
Taiwan
Feeder
Indonesia
Korea
Shreyas Relay Systems
Ltd
Agency
UAE
Pakistan
Albatross
Shipping
Ltd
Orient Express
Lines
FZCO
CFS
Kuwait
ADMEC Logistics
Ltdand Logistics
Oman
Transworld
Shipping
QatarPvt Ltd
Bahrain
SRS
Freight
Management
Albatross
LLC
- Dubai
Inland
Ports
Ltd
Arabia Terminals
Italy-Private
Liner
Saudi
Transworld
Shipping
Oman -Limited
UKMuscat
Germany
Agency
USA
Balaji Shipping
Lines
FZCO
Canada
Transworld
Saudi
Arabia
Ship
Management
Albatross
Shipping
Ltd and
Dana
Kuwait
Shipping
Crescent
Shipping
(I)
Ltd
Orient Express
ShipAgency
Management
Forwarding
Company
WLLand
- PvtLogistics
Transworld
Shipping
Ltd
Transworld
GLS
(Singapore)
Pte
Ltd
Logistics
Kuwait
Transworld
(India)
Pvt -Ltd
Lanka OrientGLS
Express
Lines
Sri 14
Lanka
Transworld
Logistics and
Shipping
FZELogistics Ltd
Management
Consultancy
Relay
TLSS Inc
Shipping Agency Pvt Ltd
TLPL
Transworld
Shipping
Management
Projects
and Logistics
FZE Consultancy
Pvt Ltd Pvt Ltd
- Fact file
Competitors
Panasia
SCI
Maersk
Evergreen
Trans Asia
TAL international
Caravel etc.
Software
Oceanus software
Apollo software
Both Oceanus and Apollo softwares proactively assists organizations in
their business transformation initiatives and offers strategic vision which aims at
redesigning the business processes. Both this software is used in albatross shipping
limited. All the details of shipment are recorded with this software and data is
maintained in the system.
Oceanus software is mainly used for linear business activities like container
inventory management, updating B\L in the system etc. The Apollo software is
mainly used for freight forwarding, LCL, Coastal activities, buyer consolidation,
maintain of various report, its analysis etc. With this software the information
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CONTACT DETAILS
Transworld Shipping and Logistics Limited-MUMBAI
Phone:
Fax
Mobile:
EMAIL:
Web : www.transworld.com
Punch-line :
CHAPTER -IV
PRODUCTS AND SERVICES
Liner Agency
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Freight Forwarding
A freight forwarder is a professional logistics provider. Freight
forwarders are third parties and their objective is to dispatch shipments via asset
based carriers such as ships, airplanes or trucks. NVOCC are one type of sea
Transworld Shipping and Logistics Limited is one of the leading liner
freight forwarders. Instead of using their own ships, they operate as
agency networks in Asia and offers a seamless and consistent service through all its
transportation or logistics intermediaries. That is, they book space on ships and
own offices and agent networks across all major cities and countries in the world.
sell it in smaller quantities, consolidating freight for transport in standard
Transworld Shipping and Logistics Limited represent Balaji shipping FZCO and
containers.
are their sole agents in India.
With presence of Transworld in various field of shipping, transportation,
supply chain, freight forwarding becomes an extension of its existing strengths.
With aThe
complete
range of
Services, and
Transworld
leverage to
company's
aimFreight
is to Forwarding
provide maritime
port services
volumes
smartly
customers
acrosstoalldeliver
ports competitive sea transportation in every major trade
lane between USA, Canada, European Countries, Far East Countries and others.
Container operating NVOCC services
Through our network of experienced professionals, strong world shipping
Port and maritime services
connections and extreme flexibility, They are able to specifically respond to
Coordination and representation towards all local authorities
whatever shipping needs may be.
Operational reports
Customized services include
Personnel with highly efficient experience
International NVOCC
Commercial activities in favour of our principals
Door-to-door delivery
FCL / LCL Freight Booking
Through a global service network Transworld Shipping and Logistics
Multimodal
by Sea/Air/Road
Limited
provides Transportation
door-to-door transport
services in all part of the world, with
Worldwide
Consolidation
special
emphasis on
Middle EastService
and upper gulf markets, on both dry and reefer
logistics.
Refrigerated Services for perishable products
Freight Insurance and packing options
Custom Bonded & domestic Warehousing
As per the requirement of the customer they offer FCL / LCL load service
with ease, visibility and global reach. They also transfer the shipment data to the
concerned destination prior to the vessels arrival to provide timely release of the
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Air Freight
Transworld can expedite the shipments using a wide range of cargo aircraft
and carriers at major airports across the country. Customized solutions bring the
best expedited cargo services available.
IATA approved capacity and commercial air carriers.
Key commercial carrier flights ensure the most direct route.
Intercept shipments already in transit to expedite safely and on time.
Expertise and experience, combined with the use of internet technology
provides flexible scheduling.
Transworld provide a full range of charter aircraft services 24 hours a day.
Shipping across the continent or across the globe, Transworld provides
with
maximum control over cargo regardless of its size, type, origin or destination. That
means door to door pick-up and delivery anywhere in the world, with no
intermediate off-loading or cargo transfers.
Ocean Freight
Transworld and its worldwide network offer global ocean freight services
connecting worldwide ports. Their international correspondents are carefully
qualified ocean freight forwarders and licensed non-vessel operating common
carriers so customer can trust to make sure global ocean freight gets where its
going intact and on time.
Charges are calculated in cubic meters [CBM] and this will help determine
the mode of transport such as FCL or LCL. As a rule, the various FCL sizes and
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their respective capacities are based on 20[28 CBM], 40 [58 CBM], 40 H\C
[68CBM].This can change dependent on commodity and how the goods are
packed. Albatross expert team will advise clients at every stage in the shipping
process to make sure the best commercial decision is obtained.
Ocean freight shipping services include
Import and export.
Full container load.
Licensed NVOCC.
Refrigerated containerized.
Ocean freight forwarding.
Over dimensional break bulk.
Less than container load.
With loads of experience in ocean shipping and ability to strategize, perform
to customize to meet customer every need; whether assisting with expediting an
urgent shipment or a strategic partner who can provide competitive terms, identify
and create short-term efficiencies and build up long-term competitiveness.
Projects
With a vast network of agents and capacity providers and experience in
coordinating multi-modal transportation solutions, albatross has the expertise and
knowledge to help break-bulk, heavy lift and oversized cargo forward safely and
efficiently. But business is about more than simply moving and handling project
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Consolidation
Dedicated space at CFS across the country for consolidation purpose.
Knowledge on cargo compatibility.
Unlike many of competitors they have their own overland road network,
ensuring coherent procedures at all times.
Global scale allows providing cost-effective consolidation and groupage
services for customer worldwide.
Hub and spoke via transshipment points at major hub points in middle
east\far east via: Dubai and Singapore.
With an unrivalled timetable of international departures, plus door to door
tariffs and tracking capabilities, consolidation service is ideal for palletized
and loose loaded shipments.
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Buyers consolidation
Participate in purchase, planning and vendor education.
Tally booking as per buyers instructions and orders.
Receiving cargo from various suppliers in conformity to buyers instructions.
Sorting\segregation as per concepts\style.
Issuance of FCRs or HBLs as per contractual agreement and in line of
customs regulations.
Updating of daily activities in the DSR formats provided by buyers.
Stuffing of cargo as per the territories set by the buyers.
Shipping with contracted carriers.
Compliance with security regulations of the destinations.
Safe handling of post shipment documents.
CHAPTER -V
VARIOUS DEPARTMENTS
LOGISTICS DEPARMENT
DOCUMENTATION DEPARTMENT
MARKETING & SALES/CUSTOMER SERVICE DEPARMENT
OPERATIONS DEPARTMENT
ACCOUNTS DEPARTMENT
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LOGISTICS DEPARTMENT
Logistics department at Transworld, offer variety of services ranging from
air freight, ocean freight, freight forwarding, linear agency, warehousing and
distribution, supply chain management etc.. Transworld, being the lead logistics
provider means instigating and managing change across the entire supply chain, to
meet changing business and customer demands. It is achieved by bringing
continuous improvement and cost reduction and optimizing logistics networks. The
key focuses are:
DOCUMENTATION DEPARTMENT
Documentation department plays a crucial role in creating and
maintain of document at the correct time as per the requirement. It facilitates the
document for operational purpose as well as for regulatory purpose. The
documentation department has two wings
EXPORT DOCUMENTATION
to principal.
In LCL consolidation send the stuffing report to CHA\shipper.
Monitoring export documentation activities for releasing error free BL.
To solve queries\complaints related to export documentation.
To verify and send performance report to principals.
IMPORT DOCUMENTATION
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containers.
To monitor day to day activities of import documentation.
To ensure timely issue of DO to clients.
To solve queries\complaints of consignee\ICD\load port.
Preparing and sending long standing shipment notice to consignee.
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OPERATIONS DEPARTMENT
Operations department play a vital role in looks after the overall operational
process of the particular branch. Updating the marketing team about the rates, date
of arrival of vessel, name of vessel, departure of vessel, stuffing date and other
details.it plays a crucial role in shipment of goods to confirm the safety, efficiency
and punctuality to reach the destination of consignee.
ACCOUNTS DEPARTMENT
Accounting department play a crucial role, it handles a variety of important
tasks. It ranges from budgeting, periodic financial reporting as well as financial
analysis. The accounting department is responsible for internal controls for all
business processes to prevent theft\misappropriation of assets, handling external
audits and dealing with banks in order to obtain financing.
The important task includes invoicing customers, accounts receivable
monitoring and collections, account reconciliation, payables processing. The
department is also responsible for collecting the credit payments from the clients,
to which the credit is allowed.
offered
Internal auditing to prevent misappropriation of assets.
Overseas payments and receipts are adjusted through had office
accounts department, which is in Mumbai.
To credit check new customers and open new credit accounts ensuring
the company has all the relevant information on the debtor.
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DOCUMENTATION
Documentation is one of the vital aspects in international trade.
Documentation plays an important role right from the receipt of the export order
till the shipment is made and for the negotiation with the banks. These documents
are required by the exporter or importer for his own records to fulfill the customs
formalities, shipment, insurance, banks tax authorities, exchange control,
government authorities to record balance of trade and balance of payments,
transportation, port authorities, carriage etc..
Documents are important for the following reasons:
Commercial set of documents are mainly used for commerce. In other words these
are documents normally exchanged between buyer and seller. Regulatory
documents are required in dealing with various regulatory authorities such as
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customs, RBI, excise, licensing authorities, inspection and other export promotion
bodies for availing incentives etc...
CHAPTER -VI
CONCLUSION
Transworld shipping and logistics limited has come a long way from being
just a service provider. The organization now has the value of being an ultimate
service provider for freight forwarding and linear business. The present and the
future of the organization with regard to the services and management are
satisfactory. The organization can increase the market share by improving with
more state of art technology. The organization can diversify into related other
business areas and state of art technology providers for other organizations. The
company is planning to focus more on project cargo shipping services.
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