Capstone Project 3 PDF

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CAPSTONE PROJECT 3...

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Capstone Project 3 IBM2012-spring20-002

Submitted To Prof. Phill Cohen

Submitted By Babalbir Singh 0745901 Heenu Bharti 0741820 Jugraj Singh 0738595 Ritu Joshi 0743295

Date: July 17, 2020

Table of Contents 1.0 SHIPPING DOCUMENTS..................................................................................................... 4 1.1 BILL OF LADING................................................................................................................ 4 1.2 EXPORT PACKING LIST...................................................................................................... 4 1.3 COMMERCIAL INVOICE.................................................................................................... 5 1.4 MANIFEST OR CARGO CONTROL DOCUMENT ............................................................... 5 1.5 SHIPPER’S EXPORT DECLARATION................................................................................... 6 2.0 SHIPPING DOCUMENTS..................................................................................................... 6 2.1 BILL OF LADING.............................................................................................................. 6 2.2 PACKING SLIP ................................................................................................................. 8 2.3 COMMERCIAL INVOICE.................................................................................................. 8 2.4 CARGO CONTROL DOCUMENT .................................................................................... 10 2.5 SHIPPER EXPORT DECLARATION ................................................................................. 11 3.0 CUSTOMS DOCUMENTATION ......................................................................................... 13 3.1 CERTIFICATE OF ORIGIN ................................................................................................. 13 3.2 TRANSPORT DOCUMENT ............................................................................................... 13 3.3 COMMERCIAL INVOICE.................................................................................................. 13 3.4 CUSTOMS DECLARATION (B3)..................................................................................... 14 3.5 CANADA CUSTOM INVOICE......................................................................................... 14 4.0 CUSTOM DOCUMENTS............................................................................................................. 15 4.1 CERTIFICATE OF ORIGIN................................................................................................ 15 4.2 CUSTOM DECLARATION FORM (B3) ............................................................................. 16 4.3 CANADA CUSTOM INVOICE (CCI) ................................................................................. 17 5.0 PROCEDURE FOR RECEIVING IMPORTED GOODS ................................................................ 18 5.1 RECEIVING ....................................................................................................................... 18 5.2 INSPECTION ...................................................................................................................... 18 5.3 REJECTION ........................................................................................................................ 19 5.4 ACCEPTANCE .................................................................................................................... 19 5.5 TAGS.................................................................................................................................. 19 5.6 DOCUMENTATION............................................................................................................ 19 6.0 COMPANY’S INVENTORY AND TECHNOLOGY SYSTEM USED IN HANDLING THE PRODUCT UPON RECEIPT........................................................................................................ 20 6.0.1 HANDLING OF PRODUCT ON RECEIPT....................................................................... 20 6.1 STORAGE AND WAREHOUSE......................................................................................... 20 6.1.0 INVENTORY MANAGEMENT TECHNIQUES ............................................................. 20 6.1.1 SET PAR LEVELS......................................................................................................... 20 6.1.2 SAFETY STOCK ........................................................................................................... 20 6.1.3 ACCURATE FORECASTING........................................................................................ 21 6.1.4 RETRIEVAL OF INVENTORY FOR SALE ................................................................... 21 6.1.5 SHORTAGE .................................................................................................................. 21

6.2 ISSUES AND SOLUTION – ............................................................................................... 21 6.2.1 STOCK ISSUES............................................................................................................. 21 6.2.2 SYSTEM ISSUES .......................................................................................................... 21 6.2.3 DEFECT ISSUES........................................................................................................... 22 6.2.4 COMMUNICATION ISSUES......................................................................................... 22 6.2.5 REGULATING AUDITING ........................................................................................... 22 References......................................................................................................................................... 23

1.0 SHIPPING DOCUMENTS The shipping paper is listed in Section 1.4 of the TDG Regulation. In other words, it is a document that contains the required information for the handling, transport, or carriage of dangerous goods. The shipping records are the items accompanying a shipment showing the date of arrival, customer, distribution process, and quantity and characteristics of the goods being delivered. Distribution papers shall include :

1.1 BILL OF LADING To be shipped abroad, a supplementary document called an "ocean lading bill" is needed. Only the domestic transport portion is protected by the inland legislation, while the sea bill allows transportation abroad. The exporter sends the BOL to a carrier and specifies the goods to be delivered. The carrier shall recognize its receipt and the terms of the carrier contract shall be determined by BOL. A BOL copy for shipment of the items shall also be retained by the importer; a third copy is retained for the carrier's documents. Two kinds of loading letters that can be used

as title documents. They are direct loading letters and

loading letters. Straight bill of lading is a bill of lading issued to a named consignee that is not negotiable. 1.2 EXPORT PACKING LIST A listing of sellers, buyers, shippers, invoices, date of shipping, transport modes, carrier, and itemized quantities, descriptions and packaging types, like the cupboard, crate, drum or carton, package quantity, net and

gross weights (in kilograms), package

dimensions, wherever available, is considerably standard domestic packing

more

detailed and

marks

informative

and

than a

list The product list forms are borne by both commercial

stationers and freight forwarders. A list of packages may be used as document enforcement. This will not substitute a corporate invoice. Furthermore, the export

1.3 COMMERCIAL INVOICE A bill of exchange is the buyer's bill for the product from the seller. These invoices are also used by governments to assess the true value of the goods in the calculation of customs duties. Governments also use their size, price, the number of copies, the language to be used, and other features as a commercial invoice to regulate imports. A commercial invoice must identify the: • Simple identity of purchaser and seller • Sale date and time • Shipping volume, quantity and weight • Packaging form • Product overview • Value unit or the total value of the product imported • Insurance and tax costs for insurance • Product overview • Value unit or the total value of the product imported • Shipping, insurance, and other expenses packaging list can be used to test the cargo by the US and international customs officials. 1.4 MANIFEST OR CARGO CONTROL DOCUMENT A 4-digit carrier code with a single shipment number is composed of the Freight Control Document (CCD) and the Freight Control Number (CCN). This enables CBSA, after initial reporting and final clearance, to both identify the carrier and the actual goods. Customer clearance is also required for Manifesto or Cargo Control Report as we import from other countries and it is filled out by carrier based on information which we provide. When the driver reached the border, the carrier declared the shipping as In Bond, by reporting on their

ACI e Manifesto and by presenting to the officer a paper A8A form. The In-Bond

process

only allows a bonded road carrier to operate. 1.5 SHIPPER’S EXPORT DECLARATION By section 95 of the Customs Act, all products exported into other countries than the United States and controlled goods exported to the United States must be notified before export. Any certificate, license, permit or other document relating to the export of goods by an exporter of goods shall also be provided for in respect of any regulation or regulation made under the provisions of any other Act of Parliament that prohibits, controls or regulates the export of goods.

2.0 SHIPPING DOCUMENTS 2.1 BILL OF LADING

BILL OF LADING

BOL: POI 21258

TO

FRO M

Consignee Crypt Inc.

Shipper Ever Pack Ltd.

Street 232 Drive Road Destination Canada

Street Ring Road W.S. Industrial Area Origin West Africa

City/State/Zip: Windsor, ON/ N9B4R9

City/State/Zip Accra , Ghana / 4216

Route:

Special Instructions: FO R PAYMENT, SEND BILL TO

SHIPPER'S INSTRUC TIO NS

Name Ian Gilbert Company Ever Pack Ltd. Street

Ring Road W.S. Industrial Area

City/State/Zip ACCRA – GHANA / 4216 NO . SHIPPING UNITS

68 Cartons

TIME

DESC RIPTIO N O F ARTIC LES SPEC IAL MARKS & EXC EPTIO NS

Aluminum Foil...