International Cosmopolitan is a company that sells an enormous amount or fine je

Question

International Cosmopolitan is a company that sells an enormous amount or fine jewelry worldwide from its headquarters in Paris, France. Presently 10H or their revenues come from sales in the United States. International Cosmopolitan would like to grow the business by about 200% over the next three years. Presently, a majority of their product is kept in a private warehouse in France. International Cosmopolitan send their shipments to a distribution center in United States that can then package their small shipments with other jewelry shipments headed towards common retailers and/or wholesalers. The shipments to United States will always be relatively small in size due to the cost and nature of the product. In order to do so they'll need to make accommodations for shipment, find retail and wholesale companies willing to distribute their product, find intermediaries to both help export the product out of France and help import the product into the United States. Based on the above information and your knowledge of international transportation, answer the questions below in the hopes of providing International Cosmopolitan with some preliminary information that will aid them in creating a successful logistical itinerary: International Cosmopolitan should use which modes of transportation to get products from warehouse in France to its distribution center in United States? Why? Which intermediary should International Cosmopolitan consider in helping them import the product into United States? Why? Briefly discuss their current warehousing plan. Does it make sense? Why?

Explanation / Answer

Answer

A. Modes of International Transport-

International Cosmopolitan Should go for a combination of Air and Road modes of International transportion to get products from warehouse in france to its distributor centre in United States. Because

1.      Transport and distribution are key considerations when planning for international trade. Choosing the right mode of transport is essential to ensure your import or export operation is efficient and cost-effective.

2.      There are four ways of importing and exporting - road, rail, air and sea - although you may need to use more than one type of transport. When making choices, one will also need to decide whether to handle logistics by himself, or outsource the work to a freight forwarder.

3.      In this case Jewelry Goods to transport are reatively costly but relative small in size and light in weight. It can be transported through air to save transition time and can be avoided from the risk of theft /breakdown of road/local boundary taxes etc.

4.      But air cant connect directy to warehouse in france to its distributor centre in United States. So here road transport shoud be considered.

B. Intermediary Selection-

International Cosmopolitan should consider a global Freight forwarders as intermediary in helping them import the product into the united states.

Freight forwarders offer a wide range of expertise and services including:

·         consolidating smaller shipments to save you time and money

·         detailed knowledge of the rules and regulations that your business must comply with

·         acting as an intermediary when transporting to a new territory

·         arranging for and operating several different transport methods for a shipment as required.

C. Current Warehouseing plan at France is having a sense with a view of expanding its Business by 200 percent in next three years. Beause-

.International Cosmopolitan is a company head quartered at Paris France.

. It is planning for a worldwide business expansion with 10 percent existing business in United States.

.With a target for 200 percent business growth it should expand its area of operation, logistics, and warehouse facilities in order to cater the demand.

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.