Learn the skills to be a Supply Chain professional with a deep understanding of Import, Export & Operations Management
Sub Category
- E-Commerce
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Objectives
- Best practices for market research.
- Using Google Trends to assess demand.
- Tracking competitors with Data Dive and Helium 10.
- Creating a product roadmap after market research.
- Finding suppliers via platforms like Alibaba or trade fairs.
- Signing an NDA before sharing designs.
- Negotiation tactics: compromise, silence, long-term relationships, and target price.
- Understanding the 11 incoterms used in supply chain management.
- Responsibilities of the seller vs. buyer (consignee).
- Explanation of key incoterms: EXW, FOB, CIF, DDP, etc.
- Requesting existing or ODM/OEM samples.
- Different types of samples: Development, Pre-production, Production, and Bulk samples.
- Forecasting demand and supply for better inventory management.
- Importance of safety stock and ABC analysis.
- Real-life forecasting examples.
- Understanding LCL (Less than Container Load) and FCL (Full Container Load).
- Types of containers: Dry, Reefer, Open Top, Flat Rack, etc.
- Understanding CBM (Cubic Meter) and how to calculate CBM.
- Details needed for placing a purchase order.
- Understanding product identifiers like SKU, ASIN, GTIN, UPC, and others.
- Different packing methods: Inner vs. Outer Carton, Pre-pack, Assorted Packing, Nested Packing, etc.
- Understanding Goods Ready Dates (GRD) and Estimated Time of Arrival (ETA).
- Key points of quality inspection: material inspection, defect identification, customer satisfaction, etc.
- Mandatory carton markings and the significance of packaging symbols.
- Understanding the freight booking process and the role of freight forwarders.
- Differences between commercial invoice and proforma invoice.
- Packing slip and export documentation.
- Understanding cargo classes and their impact on shipping costs. LCL and FCL shipping considerations.
- From transfer to the origin warehouse to customs clearance and port dues.
- Shipping instructions, entry summary, manifest preparation, and the role of a Bill of Lading (B/L).
- Telex release and goods in transit.
- Understanding the customs clearance process in the U.S.
- The role of an Importer of Record (IOR) and tariffs.
- Freight charges and their impact on the final cost.
- Steps for clearing goods through U.S. customs: document preparation, duty assessment, physical inspection, and release.
- Explanation of duties, tariffs, and how they are calculated (e.g., based on HS codes).
- Inventory control methods like FIFO, LIFO, JIT, and others.
- Different business models: B2C, B2B, C2C, and D2C.
- Overview of fulfillment methods: Drop Shipping, 3PL, FBM, FBA, Self-Fulfillment.
- Last mile delivery process, including options for sending goods to Amazon for FBA.
- Importance of customer experience: product availability, timely delivery, and customer satisfaction.
- Managing returns and reverse logistics.
- Disposing of or redistributing unsellable or excess inventory.
Pre Requisites
- There are no required skills needed for this course. This course has been designed to accommodate learners of all levels. All concepts will be thoroughly explained.
FAQ
- Q. How long do I have access to the course materials?
- A. You can view and review the lecture materials indefinitely, like an on-demand channel.
- Q. Can I take my courses with me wherever I go?
- A. Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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