Exporting from Canada Assignment 20%
Exporting from Canada Assignment 20%
A Term Project based on INTL704/222 (ITT) and INTL729/233 (EFF) CIFFA courses.
Due beginning of reading week - Midnight Sunday July 4, 2022
Hand in soft copies of your (i) Report and Appendices in one file (ii) the Audio/Video Presentation and (iii) Individual Reflection to their respective drop boxes
Scenario
You are a graduate from Centennial College. After graduation you and your classmates opened a boutique freight forwarding firm that specializes in service to the Caribbean and Central America. Today you received an e-mail from your old Freight Forwarding Professor who is consulting for a company which is looking for a freight solution to the the delivery of aid to assist 200 refugees after a huge eruption of La Soufriere, a volcano on the island of St. Vincent to the north. The product is 4 Skids of maedicines and medical supplies weighing 1200 kg each. Each of the skid having dimensions of 40 x 48 x 36 high. The value of the goods is CAD$745,000.00
The purchaser of the goods is the St Georges Medical School, an American School with considerable financial resources to help. The Consignee Mr. Bedoe, owner of the Grenada trade Center the country of Grenada, West Indies who housing the refugees in his complex.
Your Professor is Director of Global Exporting his/her company in Toronto. They need a freight forwarder and they are thinking of working with you to manage managing the delivery of this product(s) from Canada.
In order to convince him and his managers that you are a suitable business partner and that you have a team that is capable of handling the job, he asks your team for a Sales Presentation and Comprehensive Proposal to be Submitted to his Management Team. You have a short period to get everything done so you need to get started now.
With the knowledge acquired at Centennial, your understanding of Canadian and International Logistics, the desire to succeed in the business field, and a network of Centennial colleagues (team size fixed maximum 6 students! (dont ask for more). You must finalize your teams by the end of week 2 (or you will be automatically enrolled in a team).
To get you started, your former Professor prepared the following spreadsheet:
IMPORT/EXPORT PARTNERS, THEIR ROLE, ChECKLIST
PLAYER ROLE EXAMPLE DOCUMENTS WHAT YOUR TEAM SHOULD DO WHEN AND HOW YOU COLLECT DATA
SELLER/SHIPPER EXPORTER (your professor) Product Distributor,
Assess suitable Freight Forwarder
Attend/assess your presentation, assess your proposal,
All documentation to be completed by the sellers agent (below), SLI
Proforma Invoice, Invoice
Prepares, packages & labels the goods for export Win the job by presenting a complete and professional proposal Market Research, Product Development
Storage and Warehousing needs
BUYER/
IMPORTER &CONSIGNEE Receive Good Quality Goods on time and in good condition Send a request for quote (RFQ),
Complete International sales contract,
Pay the Invoice Research the Company, Understand CREEEPS Research the country and the company
SELLERS AGENT (FREIGHT FORWARDER,
CUSTOMS BROKER & BONDED WAREHOUSE)
(your team) Find the best the carriers;
Calculate the freight rates.
Arranges Insurance
HS Tariff classification;
Clears the goods for customs.
Where you will store the goods, tariff deferral Letters of Introduction, marketing materials
Import/Export Business Licence, Commercial Invoice, Export Permit, Export Declaration
AWB, BL or multimodal transport documents
Insurance Certificate
Warehouse receipt Prepare an introduction letter, transportation quotation, transport & Warehousing document(s)
Identify HS code and put it in the documents,
Do the Sales Presentation
Research the warehousing needs and explain what service is needed CIFFA site, membership
EXPORT REGULATORS &
AGENTS Regulators who you contact issue food inspection certificates, CofO,
Quality, Export Permit CofO, Export Permit, Inspection certificate, other certifications depending on your product and the terms of the letter of credit Identify the specific
Foreign agencies to receive import approval Research the export requirements for the product
BANKER Financial Institution(s) to arranges credit, loans and advice about payment method Provides the Letter of Credit, Credit Insurance
Contact a bank branch, talk with a Business Manager, EDC or BDC Call, visit
IMPORT REGULATORS &
AGENTS Protectionism (local manufacturers/jobs), policies,
Trade Agreements Import Permits, consular invoices, all documentary requirements for import, import customs broker Identify the specific
Agencies in country to receive export approval MIGRAS, govt website
ANY OTHER PARTIES (depends on your product) and should be included above.
DETAILED INSTRUCTIONS
Team Report & Appendices
Project Manager: specify his/her responsibilities including the Incoterm, HS Code, Chargeable Weight, calculation of the FINAL price, routing and completion of a 2-page executive summary. Assemble the report and appendices into one document.
Other Team Members: you should be in charge managing particular function like warehousing and packaging, transportation, importing & exporting, banking, etc of this exercise based on your abilities and previous work/study knowledge and experience.
Audio/Video Presentation: In this component you need to focus on selling the merits of your freight forwarding service to me, your potential client (the seller). By now you should have a clear idea of the benefits that the Architects of logistics and create a convincing marketing pitch to convince your client that your team will provide the highest value, has experts speaking in each area, and you should be chosen for the role of this exporting adventure. Maximum 2 slides per person, max. length = 10 minutes. Please choose an appropriate platform because your client does not have the time to wait 10 minutes for a file to download.
Individual Reports: An individual report (1-2) pages, concise, with what your own professional contribution to the team is and the importance of teamwork in the business world. (Use the form provided in the last page of these instructions.)
Project Mark Breakdown (see also the published rubrics attached to the assignments):
Section Mark Written Report: Organized, complete, professional with Exec. Summary, Introduction/Clear Purpose, Business Case/Risk Analysis, Description of each function including contacts, recommendations & conclusions and NO documents /5 Appendices complete, accurate, well organized set of Import & Export Documents, evidence of contacts, APA sources /5 Audio/Video Presentation: Clear, concise, convincing, Quality content in the PP slides and the flow of your exercise (max 10 minutes).
/5 Individual Report: Professionalism: grammar, spelling, contribution, teamwork problems, key learning, next steps, etc /5 Case Total /20%
INTL233/729 Capstone Project INDIVIDUAL Team Critique (completed and submitted confidentially and in the SEPARATE assignment drop box)
INSTRUCTIONS:
This page is worth 5% marks of the 20% and YOU are responsible for submitting ONE sheet per person that assesses the Quality of Teamwork and level of effort in the Case Report of you and your classmates. To be clear, this document is confidential and your mark here is completely, 100%, based on the quality of your team critique and reflection comments at the bottom. Do not share this information. Similar reports will score zero.
IMPORTANT: The scores that you give your team-mates will not be used in any way other than to identify non-participants and team dynamics issues. Rather, those teams that are have problems (forming, storming, norming & performing) actually learn the most and you and your team will not be penalized for dysfunction described here. Take time and make a significant effort filling out this report:
Name of Country & Product_______________ & _____________________________
Your name & role____________________________ ____________________________
Team Members NamesScore (1-5) Team Role
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
Teamwork Critique: Evaluate teamwork at school & your Team Experience in the course as well as at Centennial (use other page(s) as required):
Suggested criteria: Level of Teamwork, (Problems encountered, solutions, next steps ), Key learning, Relevance to your future career success (see rubric for more detail)
