freightforwardingpresentation-140605051533-phpapp01
- 1. Presented By
- 3. • A service used by companies that deal in international or multi-national import and export. • Services guarantee that products will get to the proper destination by an agreed upon date, and in good condition.
- 4. • It is a commission agent performing on behalf of the exporter and importer routine tasks such as loading / unloading of goods, storage of goods, storage of goods, arranging local transport obtaining payment for his customer, etc.. • Provide these services directly or through sub- contractors
- 5. • Undertakes the process of movements of goods through the various stages involved.
- 6. combines them for delivery to the carrier in full container load (FCL) shipment. Role as Cargo Consolidator individual or firm who accepts less than container load (LCL) shipments from individual shippers Freight Forwarder also often engages in the consolidation of cargo….
- 7. Freight Forwarder differs from a Common Carrier Common Carrier is a person, corporations and firms engaged in the business of transporting / carrying of goods / passengers both by land, water or air for compensation, offering their services to the public. Freight Forwarder- does not own any vessel but function as a principal carrier
- 8. r Parties involved as Freight Forwarder in Consolidation Scheme Shipper Delivers good to the carrier Bears the freight cost / whose behalf payment is made Common Carrier Owns/ chartered a vessel Transport goods/ people by land, air, water Consignee Owner of consignment To whose order of consignment will be delivered at the port of destination Principal Delivery Agent
- 9. rParties involved whole shipment Shipper Delivers good to the carrier Bears the freight cost / whose behalf payment is made Common Carrier Owns/ chartered a vessel Transport goods/ people by land, air, water Consignee Owner of consignment To whose order of consignment will be delivered at the port of destination Owner of Goods Ultimate Consignee
- 10. Procedures : Freight Forwarder in exporting country as Principal Freight Forwarder in importing country – as Delivery Agent Receive e-mail Notice to Consignees Print Copies Prepares Inward Cargo Manifest e2m Delivery order, Container Guarantee Billing Invoice Release House Bill of Lading Issue House Bill of Lading Shipper
- 11. • House Air Waybills (AWB) • House Bill of Lading B/L • Commercial Invoice • Certificate of Origin • Packing List Documents in Freight Forwarding-
- 12. COMMERCIAL INVOICE BILL OF LADING Examples of Shipping Documents
- 13. Airway Bill Certificate of Origin Examples of Shipping Documents
- 15. A corporation, partnership, and association must have a licensed Customs Broker to transact Customs Brokerage Business at the Bureau of Customs NAIA – POM - MICP. It facilitates the import and export shipments and delivery of goods across geographical borders for individuals and organizations from one country to another.
- 16. R.A. 9280: Is any person who is bona fide holder of a valid Certificate of Registration/ Professional Identification Card issued by the Professional Regulatory Board and Professional Regulation Commission.
- 17. • Preparation of customs requisite documents for imports and exports. • Preparation signing, filing, lodging and processing of import and export entries • Representing importers and exporters before any government agency and private entities • Computation of duties and related taxes
- 18. WHO ARE AUTHORIZED TO MAKE IMPORT ENTRY? SEC 1301 (TCCP) "SEC. 1301. Persons Authorized to Make Import Entry. _ Imported articles must be entered in the customhouse at the port of entry within thirty (30) days, which shall not be extendible, from the date of discharge of the last package from the vessel or aircraft either (a) by the importer, being holder of the bill of lading, (b) by a duly licensed customs broker acting under authority from a holder of the bill or (c) by a person duly empowered to act as agent or attorney- in-fact for each holder: Provided, That where the entry is filed by a party other than the importer, said importer shall himself be required to declare under oath and under the penalties of falsification or perjury that the declarations and statements contained in the entry are true and correct: Provided, further, That such statements under oath shall constitute prima facie evidence of knowledge and consent of the importer of violation against applicable provisions of this Code when the importation is found to be unlawful."
- 19. WHO ARE AUTHORIZED TO MAKE IMPORT ENTRY? • Importers and other persons who are holders of the bill of lading. • Licensed Customs broker acting under authority from a holder of the bill.
- 20. Customs Entry Declaration of information on imported articles, prepared by a customs broker on a prescribed form.
- 21. Customs Entry - KINDS Formal Entry Consumption Entry intended for immediate consumption and immediate release of the shipment. Warehousing Entry - Constructive warehousing & immediate transportation to other ports - Constructive warehousing and immediate exportation In Formal Entry Personal and household effects, not in commercial value Those in passengers baggage / mail for personal use
- 22. What are the requirements upon filing of import entry? •Import Entry and Internal Revenue Declaration (IEIRD-BOC Form No. 236) •Supplemental Declaration on Value (SDV) •B/L or AWB •Commercial Invoice •Packing List •Other additional documents as may be required
- 23. General import Procedure Importer Letter of Credit Freely Importable Commodities Original Documents Supplier Government Agency Modes of Payment Non -Letter of Credit covered Not covered yes no
- 24. Original Documents Shipping for Processing B/L AAB for Approval of Bank Guaranty Seller to the Advising Bank Duties and Taxes Release of Shipment Bank for Payment of Duties and Taxes BOC BOC w/o w/o with with yes no
- 26. • The management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements. • a channel of the supply chain which adds the value of time and place utility. • involves the integration of information, transportation, inventory, warehousing, material- handling, and packaging, and occasionally security.
- 27. organize the storage and distribution of goods. ensure the right products are delivered to the right location on time and at a good cost.
- 28. Logistics Managed: food, materials, animals, equipment and liquids time, information, particles, and energy Physical Items Abstract Items
- 29. Physical items usually involves the integration of : 1. Flow of information 2. Handling 3. Production 4. Transportation 5. Inventory 6. Packaging 7. Transportation Logistics Managed:
- 30. • Handling System includes: Modern tools which is an essential element in storage and transport throughout the warehouse Handling
- 31. Order Processing Flow of Information Customer Service , facilitate the information needs: Order Processing, Order Checking and Editing and Order Registration. Price, Delivery Period, Payment Terms, Taxes etc.
- 32. Secured are / building in which dutiable goods may be stored, manipulated/ undergo manufacturing operations w/o payment of duties and taxes. Warehousing
- 34. Examples of Logistics Company
- 36. Manufacturers Freight Forwarder- Principal Abroad Customs Brokerage Common Carrier Consumers Freight Forwarder- Delivery Agent Logistics Distribution By sea/air/ land
Editor's Notes
- #9: NOTE: The Shipping Line issues a Master Bill of Lading to the Principal Freight Forwarder in the exporting country.