Supply Chain Management Blog

According to Customs Broker Licensing Regulations, 2018 the applicants shall meet the following eligibility condition to submit the application

1) he is a citizen of India

2) he is a person of sound mind

3) he is not adjudicated as insolvent

4) he holds an Aadhaar number

5) he holds a valid PAN card

This podcast is on Customs House Agents. 

Import and export is a complex process which involves several stakeholders. In addition to performing movement of goods from or to the terminal, one has to focus on insurance, packaging and hiring carriers, you also need to file several documents with the customs department. If you are an importer or exporter, you can do these document filings or submissions on your own for your goods. But in most cases as it is a specialised activity and requires an excellent coordination with customs department for timely and hassle free release of goods, companies prefer to appoint a Customs House Agent to do this on their behalf. Customs House Agent, shortly known as CHA enables an organisation with smoother clearance of their goods from customs station by fulfilling the import or export procedures of the customs department. 

This podcast is on the list of Executive Development Programs offered by IISCM for corporates. 

The duration of IISCM’s Executive Development Programs range from one to three days and are delivered at organisations across India, Middle-East and Africa. These programs are case study based and have a judicial mix of theory and practice. On completion of the program, the participants would be able to transform the respective business processes in their organisations.

This podcast is on the role of Freight Forwarders. 

Let us try to understand the role of freight forwarders through an analogy. Assume that I would like to travel from Chennai to Gaborone the capital city of Botswana in the southern part of Africa for a business trip. Since I have never been to this city, I am approaching a travel agent in Chennai who specialises in arranging these trips. As there is no direct flight from Chennai to Gaborone, the travel agent helps me to find the best dates and best route that will be cost effective. Also he helps me in my safe transit from Chennai to Gaborone such as arranging visa, local transport in Chennai as well as in Gaborone. This is something like an end-to-end support by this travel agency. 

This podcast is for young graduates to help them form a career in supply chain. 

As you may be aware that supply chains across India need skilled and qualified manpower to manage its operations. This demand is coming from eCommerce companies, multinational corporations and business houses. I have personally witnessed a steep growth in demand for supply chain professionals both at entry and mid-management levels over the last 5 years. Several predictions points out to the fact that supply chain will be one of the leading domains that will offer significant opportunities to young graduates for the next few decades or so.

This podcast is on why a supply chain professional need to pursue supply chain certification?

At the beginning of 1990’s when I started working for an engineering firm, supply chain tasks were more or less a common sense. Anyone with a degree in commerce, science and engineering can handle the tasks with little bit of on-the-job training. Those days MBAs were rarest of rare and we never had any programs to educate us in supply chain concepts. I mean there were not many college programs related to supply chain body of knowledge. Some of my best colleagues came from industrial engineering background.

Bonded warehouses are established under the Customs Act, 1962. You can refer sections 57 to 73 under Chapter IX of Customs Act 1962 to learn the various provisions of bonded warehouse in India. Similar to this act almost all countries have legal provisions governed by their respective acts to establish the bonded warehouse. So what is a bonded warehouse? The warehouse promoter or the importer executes a bond with the Customs Department to establish the bonded warehouse, hence that name. Bonded warehouses are normally used by businesses who are in import and export business.

Hi, this is Venkadesh Narayanan from IISCM.org. This podcast is on An 8-Step Approach For Career Progress in SCM. The eight steps are Establish Goal, Define Geographies, Identify Domain, Search Companies, Analyse Job Descriptions, Bridge Skill Gap, Connect with Contacts and Followup. Let us go through the 8-steps.

Echelons and nodes are very helpful concepts to visualize an end-to-end supply chain. Let us take an automotive supply chain. It contains four levels of suppliers Tier-4, Tier-3, Tier-2 and Tier-1. The Tier-4 supplier supplies to Tier-3 and Tier-3 supplies to Tier-2 and so on until Tier-1. The Tier-1 supplier supplies to the OEM that is the car manufacturing plant. Once the cars are manufactured they are sent to Regional Distributors from where it is sent to the Dealers who manages the showrooms. 

Backflush accounting is a manufacturing accounting system where the costing of a product and the inventory consumed are calculated at the point of completion of the manufacturing process.