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FACTORS RELATED TO
FREIGHT FORWARDING
RAJESH KR ROY
PGDRM, IISWBM
KOLKATA
WHAT IS FREIGHT
FORWARDING
 Freight forwarding is a service used by
companies that deal in international or multi-
national import and export. While the freight
forwarder doesn't actually move the freight itself,
it acts as an intermediary between the client and
various transportation services. Sending
products from one international destination to
another can involve a multitude of carriers,
requirements and legalities.
RESPONSIBILITIES FOR
FREIGHT FORWARDING
 Freight forwarding services guarantee that products
will get to the proper destination by an agreed upon
date, and in good condition.
 The freight forwarding service utilizes established
relationships with carriers of all kinds, from air
freighters and trucking companies, to rail freighters
and ocean liners.
 Freight forwarding services negotiate the best possible
price to move the product along the most economical
route by working out various bids and choosing the one
that best balances speed, cost and reliability.
TYPE OF FREIGHT
FORWARDING
Truck Freight
TYPE OF FREIGHT
FORWARDING
Rail Freight
TYPE OF FREIGHT
FORWARDING
Airway Freight
TYPE OF FREIGHT
FORWARDING
Port & Shipping Freight
TYPE OF FREIGHT
FORWARDING
Pipeline Freight
FACTORS EXPLANATION
Expertise- Degree of expertise in
providing relevant services.
Customization- Ability to meet unique
customer requirements.
Flexibility- Ability to provide both air
and sea freight services.
Additional logistic services- Ability to
provide a wide range of services.
Reliability- Reliability of the IFF's
service.
FACTORS EXPLANATION
Meeting Deadlines- How well the IFF
meets pickup, delivery and distribution
deadlines.
International Deployment- No. of
branches/offices worldwide; no. of
countries in which the IFF is
represented.
Quality certification- How well the IFF
meets ISO 9002 and IATA and FIATA
standards.
FACTORS EXPLANATION
Experience- Years of forwarding activity.
Company size- No. of IFF company
employees.
Information availability- The ability to
access/interface with the IFF's
information technology.
Reliable information-The reliability of
IFF's information systems.
Online pricing - The ability to receive
price quotes over the Internet.
FACTORS EXPLANATION
Reports tools- The customer's ability
to produce status reports
independently.
Competitive prices- Ability to offer
attractively priced services.
Taxation- Ability to minimize the
customer's tax payments.
Classification retention- Ability to
create a customs classification data
base
THANK YOU!!!

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Factors related to freight forwarding in logistic company and supply chain management.

  • 1. FACTORS RELATED TO FREIGHT FORWARDING RAJESH KR ROY PGDRM, IISWBM KOLKATA
  • 2. WHAT IS FREIGHT FORWARDING  Freight forwarding is a service used by companies that deal in international or multi- national import and export. While the freight forwarder doesn't actually move the freight itself, it acts as an intermediary between the client and various transportation services. Sending products from one international destination to another can involve a multitude of carriers, requirements and legalities.
  • 3. RESPONSIBILITIES FOR FREIGHT FORWARDING  Freight forwarding services guarantee that products will get to the proper destination by an agreed upon date, and in good condition.  The freight forwarding service utilizes established relationships with carriers of all kinds, from air freighters and trucking companies, to rail freighters and ocean liners.  Freight forwarding services negotiate the best possible price to move the product along the most economical route by working out various bids and choosing the one that best balances speed, cost and reliability.
  • 7. TYPE OF FREIGHT FORWARDING Port & Shipping Freight
  • 9. FACTORS EXPLANATION Expertise- Degree of expertise in providing relevant services. Customization- Ability to meet unique customer requirements. Flexibility- Ability to provide both air and sea freight services. Additional logistic services- Ability to provide a wide range of services. Reliability- Reliability of the IFF's service.
  • 10. FACTORS EXPLANATION Meeting Deadlines- How well the IFF meets pickup, delivery and distribution deadlines. International Deployment- No. of branches/offices worldwide; no. of countries in which the IFF is represented. Quality certification- How well the IFF meets ISO 9002 and IATA and FIATA standards.
  • 11. FACTORS EXPLANATION Experience- Years of forwarding activity. Company size- No. of IFF company employees. Information availability- The ability to access/interface with the IFF's information technology. Reliable information-The reliability of IFF's information systems. Online pricing - The ability to receive price quotes over the Internet.
  • 12. FACTORS EXPLANATION Reports tools- The customer's ability to produce status reports independently. Competitive prices- Ability to offer attractively priced services. Taxation- Ability to minimize the customer's tax payments. Classification retention- Ability to create a customs classification data base