Published 11/2022
MP4 | Video: h264, 1280×720 | Audio: AAC, 44.1 KHz
Language: English | Size: 3.13 GB | Duration: 2h 23m
How freight rate is determined, freight audit, Understanding freight quotation, freight forwarding profitability etc.
What you’ll learn
Trade financing for international freight forwarders
Understanding a freight quotation and tips to ensure an accurate quote
Freight forwarding profitability
Examples of external financing alternatives
Powerful tips to improve your freight forwarding
Stages of the freight forwarding process
Creating a business plan for your freight forwarding
Ways freight forwarders can improve sales
The importance of accounting reports for independent freight forwarder
How to maximize return on investment in freight forwarding/ logistics
Key performance indicators you should implement in your logistics company
How freight rate is determined
Requirements
No requirement
Description
Freight forwarding is the process of organizing and coordinating the transfer of commodities across international borders on behalf of shippers and receivers. Warehouse planning, providing cargo insurance, and customs brokerage are just a few of the other responsibilities that must be completed. Freight forwarders manage the risk and benefits of shipping both nationally and internationally by negotiating tariffs, import restrictions, and being proficient in the demand of shipping by land, sea, rail and air. The shipping method used for ground freight is known as ground transportation. This type of shipping, which is also known as door-to -door delivery, is primarily used for local deliveries of goods. Trucks are used for loading and unloading freight, whether it is within the same state or beyond state lines.A carrier can quote a customer freight rates either as part of a freight tender, a normal open rate, or a spot rate. Although the name on the quotation may say sea freight quotation there are several other charges included in a quotation and this needs to be segregated and understood clearly. There are some essential key performance indicators that need to be taken into consideration such as order accuracy, which monitors the degree of incidents from the placement of the order to delivery of a shipment. Ideal for any freight forwarder looking to identify patterns and continuously correct errors in order to make transportation safer. A freight audit vendor is therefore one who examines, adjusts and verifies freight bills for accuracy therefore, a freight audit is the process of examining, adjusting and verifying freight bills for accuracy. The business of freight forwarding also has variable cost, fixed cost, statutory cost and incidental cost that need to be taken care of accurately to ensure the successful operations of the freight business.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 What is freight forwarding
Lecture 3 History of freight forwarder
Lecture 4 Principles of freight forwarding
Lecture 5 Types of freight forwarding
Lecture 6 Transport finance
Lecture 7 Document transfer fees / handover fee
Lecture 8 Supply chain finance
Lecture 9 Freight forwarder agreement
Lecture 10 Freight rate
Lecture 11 Freight audit
Lecture 12 How freight rate is determined
Section 2: Trade Financing For International Freight Forwarder
Lecture 13 Introdution
Lecture 14 Bank loans
Lecture 15 Private lending
Lecture 16 Equity financing
Lecture 17 Supply chain financing
Section 3: Understanding Freight Quotation And Tips To Ensure An Accurate Quote
Lecture 18 What is freight quotation
Lecture 19 Freight quotation-Carrier to customers
Lecture 20 Freight quotation- LSP to customers
Lecture 21 General pointers on freight quotation
Lecture 22 Conclusion
Section 4: The Importance Of Accounting Reports For Independent Freight Forwarder
Lecture 23 What are accounting reports
Lecture 24 Why your company need accounting reports
Lecture 25 Common forms of accounting reports
Lecture 26 Data visualization of accounting reports
Lecture 27 How to use the accounting reports
Lecture 28 Accounting report software
Section 5: Stages Of The Freight Forwarding Process
Lecture 29 Introduction
Lecture 30 Export haulage
Lecture 31 Item check point
Lecture 32 Export customer clearance
Lecture 33 Import custom clearance
Lecture 34 Destination arrival and handling
Lecture 35 Import haulage
Section 6: Powerful Tips To Improve Your Freight Forwarding
Lecture 36 Introdction
Lecture 37 Have a plan
Lecture 38 Define roles, responsibilities and liabilities
Lecture 39 Sign an agreement with your freight forwarder
Lecture 40 Regularly evaluate performance
Lecture 41 Engage as a one stop shop
Lecture 42 Open and frequent communication
Lecture 43 Efficient financial flow
Section 7: Freight Forwarding Profitability
Lecture 44 Introduction
Lecture 45 Cost reduction can be achieved in a variety of ways
Lecture 46 Other ways of ensuring
Lecture 47 Client reduction and control
Lecture 48 Conclusion
Section 8: Example Of External Financing Alternatives
Lecture 49 Bank loan
Lecture 50 Bond lssue
Lecture 51 Angel investors
Lecture 52 Venture capital
Section 9: Creating A Business Plan For Your Freight Forwarding Business
Lecture 53 Market research
Lecture 54 Economic analysis
Lecture 55 Obtain proper registration licensing and insurance
Lecture 56 Choose a suitable infrastructure and hire the appropriate staff
Lecture 57 Invest in marketing to get your name ot there
Section 10: Ways Freight Forwarder Can Improve Sales
Lecture 58 Introduction
Lecture 59 Connect to ocean data directly via APIs
Lecture 60 Adopt predictive analytical tools to enhance freight procurement
Lecture 61 Digital network on linkedin
Lecture 62 Use freight forwarder logistic network
Section 11: How To Maximize Return On Investment In Freight Forwarding / Logistics
Lecture 63 What is return on investment
Lecture 64 Evaluating logistics software return on investment
Lecture 65 The best way to maximize return on investment is updating your freight forward
Section 12: Key Performance Indicators You Should Implement In Your Logistics Company
Lecture 66 Order accuracy
Lecture 67 Lead time
Lecture 68 Warehousing costs
Lecture 69 Capacity utilization
Lecture 70 Transportation cost
Freight forwarders, freight brokers, customers, truckers, transport agencies, cargo agencies, manufacturers, distributors, managers, directors, business people, freight regulatory agencies , everybody etc.
Homepage
https://www.udemy.com/course/freight-forwarder-finances/
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