Advanced Techniques in Freight Forwarding

Introduction:

Freight forwarding is a complex industry that involves organizing and transporting goods through various means. This Advanced Techniques in Freight Forwarding course delves deeply into route planning, rate negotiations, and carrier selection.

Participants will gain expertise in order placement, transit management, and transportation documentation. A key component of freight forwarding is building and maintaining relationships with essential stakeholders such as shippers, consignees, carriers, warehouses, packaging services, financial institutions, and regulatory bodies.

This course provides a comprehensive overview of best practices and systems in freight forwarding, supported by global case studies. Participants will be equipped with actionable knowledge to enhance their professional capabilities and improve their organization's freight forwarding operations.

Objectives:

By the end of this Advanced Techniques in Freight Forwarding course, participants will be able to:

• Grasp the supply chain risks inherent in international trade.
• Understand various trade products and their practical applications.
• Manage risks in coordination with internal departments and external suppliers.
• Recognize the significance of delivery points in transactions and risk transfer.
• Strategize cargo planning and effectively use freight forwarding systems.
• Leverage containerization to maximize freight efficiency.
• Apply INCOTERMS correctly for operational optimization.
• Navigate international logistics, including freight procedures and documentation.
• Develop strategic plans for resource allocation and process effectiveness.
• Optimize work processes and implement financial strategies for cost management.
• Construct actionable plans to enhance their role and organizational benefits.

Training Methodology:

• Case Studies
• Interactive Workshops
• Simulations
• Group Discussions
• Role-Playing
• Scenario Analysis

Course Outline:

Unit 1: Logistics Planning & Management

• Key concepts of freight forwarding and their role in SCM
• KPI analysis
• Warehouse workflow improvement strategies
• Basic warehouse management elements
• Identifying barriers in warehouse operations
• Equipment acquisition and key decisions
• Design analysis and layout alternatives
• Practical application of the Theory of Constraints (TOC) in logistics

Unit 2: International Trade, Planning for Cargo & Freight Forwarding

• Supply chain management concepts and their impact on transportation
• Familiarization with transportation terminologies
• In-depth study of freight forwarding systems and processes
• Transport documentation acquisition
• Carrier selection and characteristics
• Mode selection and intermodal systems decision-making

Unit 3: Orientation on Using & Dealing with Imports

• Managing export and import functions
• Tools for export utilization and comprehension
• History and dealing with customs
• Identifying export customer requirements
• Factors affecting import lead times
• Understanding containerization for forwarding goods

Unit 4: International Trade Contracts and Systems of Import and Export

• Use and analysis of documentary credits and their impact on freight payments
• Key decisions in transportation management
• Managing air transport and its critical components
• International trade terms and their logistics implications
• Comprehensive study of transportation and relevant documents
• Solving problems related to hazardous materials transportation

Unit 5: Understanding and Reducing Supply Chain Risk

• Risk consequence evaluation
• Identifying key features contributing to risk
• Approaches to increase transparency in supply chain operations
• Strategies to decrease variability
• Pressure compliance
• Rebuilding trust in supply chains
• Enhancing flexibility and timeliness in supply chain activities