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GLS Global Logistics Solutions a division of Customs Solution Builders, LLC.

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Presentation on theme: "GLS Global Logistics Solutions a division of Customs Solution Builders, LLC."— Presentation transcript:

1 GLS Global Logistics Solutions a division of Customs Solution Builders, LLC

2 A Brief Overview of International Logistics GLS

3 Practical Application of Essential Principles of International Logistics In a Nut Shell GLS

4 Validation Process Validate your International Logistic Process. Validate your International Logistic Process. Tools for auditing the process cost. Tools for auditing the process cost. Terms Evaluation Terms Evaluation 13 Critical Terms 13 Critical Terms 5 Essential Terms 5 Essential Terms Assesment Valuation Criteria Assesment Valuation Criteria GLS

5 Incoterm Marine Transaction Cost Comparison CIF CIF FOB FOB CIP CIP FAS FAS GLS

6 5 Essential Terms Payment Terms Payment Terms Type Type Open Terms Open Terms Payment In Advance Payment In Advance Consignment Consignment Documentary Drafts Documentary Drafts Letters of Credit Letters of Credit Risks associated with each payment term. Risks associated with each payment term. GLS

7 Purchas e Basis of Sales Payment Terms End Result sTransportation Documents Evaluation of International Logistics GLS

8 Purchase Order - Import - Export Pro-forma Invoice Payment Terms Basis of Sales Compliance GLS

9 Basis of sales INCOTERMGROUP EXWEx-Works - Family E FCAFree Carrier - Family F FASFree Along Side - Family F FOBFree On Board - Family F CPTCarriage Paid To Family C CIPCarriage and Insurance Paid To - Family C CFRCost and Freight - Family C CIFCost, Insurance and Freight - Family C DAFDelivery at Frontier - Family D DDUDelivery Duty Unpaid - Family D DDPDelivery Duty Paid - Family D DESDelivery Ex-Ship - Family D DEQDelivery Ex Quay - Family D GLS

10 Payment Terms TypeExpressedRisk Open TermsNet - Net 30 ConsignmentInto - Out Cash in AdvanceCash on Books Documentary DraftSight - Date Letter of CreditSight - Date GLS

11 Logistics Carrier Carrier Contract Contract Performance Performance Regulations Regulations Selection Process Selection Process Approval Process Approval Process Rates Rates Accessorials Accessorials Management Management Mesurements Mesurements Impact Impact GLS

12 Bench Marking Costs as Percent Sales Costs as Percent Sales Best Practices Best Practices Shipments Shipments Selection Selection Freight Bills Freight Bills Tendering Tendering Optimal percent Optimal percent Based on industry Based on industry What to Include What to Include Volume Volume Conference & Non Conference & Non Automated/House Automated/House Electronic/Manual Electronic/Manual GLS

13 Performance Analysis Payment Terms Payment Terms Basis of Sales Basis of Sales Contracts Contracts Letters of Credit Letters of Credit Documentation Documentation Processes Processes GLS

14 Principal Pit Falls Areas GLS

15 Auditing Process Cost Review Payment Terms Payment Terms Basis of Sales Basis of Sales Letters of Credit Letters of Credit Logistics Logistics Insurance Insurance Departmental Process Departmental Process Documentation Documentation GLS

16 Tools Incoterms 2000 Incoterms 2000 Harmonized Tariff Schedule of the US Harmonized Tariff Schedule of the US US Customs Regulations US Customs Regulations UCP 500 UCP 500 Time Time GLS

17 Process Evaluation End Result Analysis Cost Evaluation Findings GLS

18 Global Logistics Solutions a division of Customs Solution Builders, LLC GLS


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