Business & Marketing Coursework: Production and Logistics
This week we analyzed and evaluated an array of topics in the area of production and logistics for the international firm. We identified and discussed countertrade, export financing, and reviewed some of the documents used to facilitate those processes.
An external link allowed you to review some of the most common documents used in export financing. Now, think about this question and post your response.
Which document used in export financing serves the following three (3) purposes:
1, Receipt for services by the firm providing carriage (e.g. steamship line, airline)
2, Establishes a document of title (document of title in this instance is defined as the temporary ownership of the goods needed to allow entry into the country that the goods will be sold in)
3, Establishes contractual services by the firm and seller of the goods for carriage
How would you use this document?
Production and Logistics
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Production and Logistics
The bill of lading is the document used in export financing that serves the three purposes: receipt for services by the firm providing carriage, establishing a document of title, and establishes contractual services by the firm and seller of the goods for carriage. A carriage firm issues this legal document to a shipper and includes the type, destination, and quantity of the shipped goods. The bill of lading is also a shipment receipt whenever a carrier delivers goods to the required destination (Tarver & Berry-Johnson, 2020). Despite transportation, the bill of lading must accompany the goods under shipment, and a representative from the carrier, shipper, and receiver must sign the document. For most companies, it is a requirement that every consignment of goods must involve a bill of lading to ...
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