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INTERNSHIP TRAINING PROGRAM WITH

SPECIAL REFERENCE TO
MONCO LOGISTICS PVT LTD

Submitted by

JERIN JOSE
Register No. : 163LS0003

In partial fulfillment for the award of the degree

of

BACHELOR OF BUSINESS ADMINISTRATION


(LOGISTICS AND SHIPPING)

GKM INSTITUTE OF MARINE SCIENCE AND TECHNOLOGY


CHENNAI – 600 063

BHARATHIAR UNIVERSITY : COIMBATORE – 641 046


JUNE 2019
BONAFIDE CERTIFICATE

Certified that this “INTERNSHIP TRAINING PROGRAM WITH SPECIAL


REFERENCE TO MONCO LOGISTICS, CHENNAI is the bonafide work of
“JERIN JOSE (163LS0003)” who carried out the summer internship under my
supervision. Certified further, that to the best of my knowledge the work
reported that does not form part of any other project report or dissertation on the
basis of which a degree or award was conferred on an earlier occasion on this for
any other candidate.

Supervisor Head of the Department

Submitted to project and viva held on _________________

INTERNAL EXAMINER EXTERNAL EXAMINER


DECLARATION

In partial fulfillment of BBA (Logistics & Shipping) during the year 2016 – 2019. I hereby
declare that “INTERNSHIP TRAINING PROGRAM WITH SPECIAL REFERENCE
TO MONCO LOGISTICS, CHENNAI.” It is the record of original work done by me,
under the guidance of Mr A. NATARAJAN,B.E., M.Tech., MBA., Associate Professor,
Department of Bachelor of Business Administration GKM INSTITUTE OF MARINE
SCIENCE AND TECHNOLOGY, CHENNAI. It is assured that this study have not been
submitted to any other University for the award of BBA (Logistics & Shipping) degree.

Place: Signature of the researcher

Date:
ACKNOWLEDGEMENT

First of all I would like to express my deep gratitude to our beloved Chairman
Dr. G. KATHAMUTHU for his kind encouragement and blessings.

I express my sincere gratitude to Dr. B. SUJATHA BALASUBRAMANIAM, CEO who


has always been a source of inspiration to us and for the continuous support.

I would also like to thank Captain RANGANATHAN. G. S, who has always helped us
whenever we approached them during the course of our project.

I would like to express my sincere gratitude to Dr. M. MAHALAKSHMI, Vice Principal


who is the key motivator for all the students to perform well in the academics and research
works.

My sincere gratitude and thanks to our beloved and respected Dr. S. MUTHUMANI, MBA.,
Ph.D., Head of the Department of Business Administration for his guidance and motivation
throughout the summer internship.

I would like to thank my organization guide Mrs. D. KARTHIKEYAN HR Manager in


MONCO Logistics, Chennai for her enthusiastic involvement, invaluable guidance, constant
supervision, suggestion and showing immense importance to our summer internship.

I extend my profound thanks to my guide Mr. A. NATARAJAN,B.E., M.Tech., MBA.,


Department of Bachelor of Business Administration.

I wish to thank our other staff members, lab-assistant and friends for the support and
guidance. I would also like to thank our parents who stood by us, satisfying all our needs
towards the fine success of my summer internship.
Abstract

Internship training report on Monco Logistics Pvt.Ltd is a leading freight


forwarder. The purpose of Internship to study was to identify the functions of
Company. To analyze the potential role of the company in Imports & Exports.
Company mission to provide organizations and individuals the best value in
Global Logistics. Companies adopt various services and has infrastructure.
Various services provided in Air freight, Ocean freight, Customs clearance. The
various functions include Import clearance, export clearance, documentation.
relation between the CHA and exporter as well as importer by clearing
customs procedure this requires many procedures. Research Methodology is the
methods involved in gathering meaningful data. Data collected through personal
interview with the employee of the Monco Logistics Pvt Ltd
CONTENTS
PAGE
S. NO. TITLE
NO.
1 Introduction to Logistics 8

2 Industry Overview 11

3 Company Profile 15

i Company Strength 17

ii Clients 19

4 Scope , purpose and limitations of study 20

5 MAJOR LEARNING

i How to work in an professional organization 21

ii Handling Import and Export Consignment division 21

iii Export and import documentation 22

iv Coordinating with Third party Logistics on Domestics Shipments 26


Coordinating with transporters ,Importers, Customs and other
v external agencies for ensuring timely clearances and cost effective 26
transport solutions.
6 Freight Forwarding 27

7 Conclusion 29
1. INTRODUCTION TO LOGISTICS

Logistics is a broad, far-reaching function which has a major impact on a society’s standard
of living. In a modern society, we have come to expect excellent logistics services, and tend to
notice logistics only when there is a problem.

The difficulty in shopping for food, clothing, and other items if logistics systems do
not conveniently bring all of those goods or items together in one place, such as a single store
or a mall.

The challenge in locating the proper size or style of an item if logistical systems do
not provide for a wide mix of products, colours, sizes, and styles through the assortment
process.

The frustration of going to store to purchase an advertised item, only to find out the
store’s shipment is late arriving.

There are only few of the issues for granted which illustrate how logistics touches many
facets of daily lives. Because of the magnitude of the impact of logistics on society and
individuals, a macro approach is taken to understand the logistics management.

Logistics is called by the many names, including the following:

Business logistics
Distribution

Logistical management

Supply chain management

Supply management

What these terms have in common is that they deal with the management of the flow of
goods or materials from one point of origin to point of consumption, and in some cases even
to the point of disposal.

The Council of Logistics Management (CLM) describes logistics management as “The


process of planning, implementing and controlling the efficient, effective flow and storage of
goods, services, and related information from point of origin to the point of consumption for
the purpose of conforming to customer requirements.”

KEY LOGISTICS ACTIVITIES


Outlined below are the key activities required to facilitate the flow of a product from point of
origin to point of consumption. All of these activities, listed below, may be considered part of
the overall logistics process.
Customer service
Demand forecasting/planning
Inventory management
Logistics communication
Material handling
Order processing
Packaging
Plant and warehouse site selection
Procurement
Return goods handling
Traffic and transportation
Warehousing and storage
While all organization may not explicitly consider these activities to be part of logistics
activities, each activity affects the logistics process.
The operating responsibility of logistics is the geographical repositioning of raw
materials, work in process, and finished inventories where required at the lowest
cost possible. Logistics is practiced for ages since organized activity began. Without
logistics support no activity can be performed to meet defined goal. The current
challenge is to perform logistics scientifically in order to optimize benefits to the
organization. Logistics is a planning function of management. Logistics function is
concerned with taking products and services where they are needed and when they
are needed.

Figure shows how logistics activities drive total logistics costs


2. INDUSTRY OVERVIEW

Customs House Agent


Customs House Agent (CHA) is a person who is licensed to act as an agent for
transaction of any business relating to the entry or departure of conveyances or the
import or export of goods at any Customs station.

CHA’s and Exporter


A domestic company can sell its products to foreign buyers directly , for that it is
established direct contact with foreign customers and ships the goods as per the
customer’s order’s and requirements. In this regard the exporting firm has the
following responsibilities concerning packing, documentation, shipment and credit
exchange. The CHA’s as per the instructions of the exporter can carry out these
activities.
In the field of export, there are several constraints risks, which come along with
its advantages for instance dispensability of the buyer, quality control, credit
facilities, international standards of production, product facilities special needs of
the countries, buyer nations etc, the transporters play a very vital role in clearing and
delivering the goods at buyer country. The export process itself is time bound
subject to regent’s schedules of production, transportation and delivering. Even the
smallest mistake in the chain of distribution will result jolting the exporters business.

The multi various contacts of CHA’s


After getting the proper approval from the exporter / client, CHA’s begins to carry
out his work. To remit a quality and efficient service to their clients CHA’s has to
maintain a good and regular relationship with shipping companies, airlines,
container operators, custom home, inland container depots(ICD),feeder vessel and
mother vessel operators, imported and latest amendments on custom formalities,
quota system all over the world.
When the CHA’s gets the order confirmation from the exporter, he contacts the
shipping companies which have sailing for the part to which goods have to be sent
and the look the required shipping space. The CHA’s is a specialist in this booking of
space, which is with the available time period in the shortest mode; with minimum
cost safely he books the space.

CHA’s and Custom


Shipping bill is to be filled by the CHA’s. The following details are required from
the exporter by the CHA’s
 I.E and R.B.I code of Exporter
 Invoice
 Packing list
 Order confirmation
 G.R form in duplicate
 Draw back claim
 A.R.4 form
 A.E.P.C Endorsement

The above mentioned documents are to accompany the shipping bill, when it is
filed in the export department of the custom house in triplicate. The shipping bill,
after registration is passed on to the approaching unit for scrutiny and assessment.
As for quote products are concern, like garments the scrutiny covey AEPC
Endorsement, value declared in shipping bill as well as the GR form. After scrutiny
the shipping bill is passed and the goods covered are allowed to be exported. After
that customs house retains the original copy of the shipping bill and GR form and
the duplicate copy of shipping bill is returned to the CHA’s.
Then the goods are presented for examination along with the shipping bills and
other documents to the docks where the vessel which is to carry the goods. If the
goods are found confirm to the details and specification declared in the shipping bill,
the appraiser gives the “Let Export Order”, on the basis of which the goods are
loaded under custom preventive supervision. After loading, the shipping company
issues the Mate’s Receipt” in the spot and later the negotiable document known as
“Bill of Lading”.

 Contributions of the Customs house Agents’ (ChAs) to the nAtion


Shipping has played a huge role in the Indian economy. Geographically, almost
half of India's border is covered with sea. Talking in terms of international trade, the
amount of trade done by land and air is very limited. Ninety percent of India's in
terms of volume and seventy seven percent in terms of value are carried by sea. This
shows the amount of India's dependence on shipping. The initial scenario where
India's balance of trade mostly showed higher imports as compared to the exports is
now changing. India's exports as compared to imports have increased to one
hundred and eight six percent in 2012-13 as compared to seventy five percent in
1990-91. In the year 2012 according to the reports of the WTO, India achieved sixty
percent growth rate in exports of merchandise goods which made it second highest
in the world.
Over 90 per cent of world trade is carried by the international shipping industry.
Without shipping the import and export of goods on the scale necessary for the
modern world would not be possible. There are around 50,000 merchant ships
trading internationally, transporting every kind of cargo. The world fleet is
registered in over 150 nations, and manned by over a million seafarers of virtually
every nationality. Ships are technically sophisticated, high value assets (larger hi-
tech vessels can cost over US$150 million to build), and the operation of merchant
ships generates an estimated annual income of over US$380 billion in freight rates,
representing about 5% of the total global economy.
For a country's economy, the transportation sector is often viewed as an important
barometer of growth. As more goods are consumed within a country, the
transportation sector must grow accordingly in order to accommodate the transport
of additional goods. And as the wheels of commerce turn with ever greater speed, so
does the volume of passenger traffic. As a corollary, the location of manufacturing
facilities and distribution centers can have a major impact on the growth of a
country's transportation sector and transportation infrastructure. The relative
location of these manufacturing facilities and distribution centers can dictate
whether the country becomes a hub within a logistics network or a spoke in the
wheel, serving in effect as a transit corridor. Such matters are of particular
importance to emerging economies where transport and logistics infrastructure is in
process of rapid development. If we look at the main drivers of Global Trade, they
are Profitability i.e. price difference amongst various markets, Risk Spread which
reduces the dependencies on one market, Uneven distribution of natural resources,
Difference in level of technologies wherein some countries have higher level of
technology and some have low, Difference in cost of production because at various
places various industrial inputs are comparatively cheaper e.g. labour, electricity,
technology, etc.
If we closely look at exports, a country exports a particular thing which it may
have naturally, for e.g. oil, or which it produces a lot for e.g. wheat, etc. But the more
a country exports, the more foreign income it gains especially in the case of
developing countries which increases its foreign reserves and ultimately resulting in
the country's more buying power and thus helping it to develop. Thus exports prove
to be a boon for a country.
 Custom Brokerage (CHA)
They offer efficient and expeditious custom clearance and delivery for both
Import and Export shipments. The service providers support the initiatives of Indian
Customs on its automation program. All the offices transmit documents to the
Customs computer server through Electronic Data Interchange (EDI).
3. Company PROFILE

Monco Logistics Private Limited is a Private incorporated on 14 February 2006. It is


classified as Non-government company and is registered at Registrar of Companies,
Ernakulam. Its authorized share capital is Rs. 400,000 and its paid up capital is Rs.
100,000. It is inolved in Supporting and auxiliary transport activities; activities of
travel agencies

Monco Logistics Private Limited's Annual General Meeting (AGM) was last held on
26 September 2017 and as per records from Ministry of Corporate Affairs (MCA), its
balance sheet was last filed on 31 March 2017. Directors of Monco Logistics Private
Limited are Tency Jomy and Jomy Joseph.

 Monco Logistics Pvt Ltd is a South Indian based Freight Forwarding &
Logistics company having the corporate office at Cochin and engaged in core
shipping and multifunctional freight forwarding business. A dedicated team
is always concerned for providing quality services by maintaining safe and
timely delivery. Through experience Monco Logistics Pvt Ltd have now
become one of leading name in Freight forwarding and logistics.

 Within the short span of 10 years Monco Logistics have become one of the
leading brands in south India for freight forwarding, shipping service due to
the quality services. Within this limited time the company were able to
partner with the leading companies in the Industry due to the quality
services. Monco Logistics have the resources and experienced professional
who can maintain quality services. The professionals have years of experience
in Freight forwarding and warehouse facility services.

 Monco Logistics Customer care executive keep track and notify each clients in
a timely manner. To provide effective and reliable specific distribution
services through continuous development of human resources, operational
systems, data technology and infrastructure, by adhering to Quality
Management Systems. Monco Logistics have been continuously trying to
increase the efficiency of the services by constantly improving the technology
and increasing human power resources.
LORDS Freight (India) Pvt Ltd

Monco Logistics Ltd [MLL] has acquired a majority stake in Lords Freight (India)
Pvt Ltd, a move that will help the company enhance its portfolio of services. The
percentage of stake it acquired nor the investment is unknown. Lords, which
specializes in international logistics, is based out of Mumbai with a presence in
across all major Indian cities. This would be a maiden investment, and will
considerably add to the value proposition they offer to their customers,

“Our vision is to be India’s leading, most-preferred integrated logistics service


provider’ and international freight forwarding is an essential component of this
vision. With this acquisition, MLL’s service portfolio will be considerably
enhanced,” said MLL Director Jomy Joseph.

Company Strength
Monco Corporate Strength

1. ・Global network. ;

With years of long term relationships with transportation providers


around the world our team has managed to establish a unique network of
professional organisations that carry the same core values as us in providing a
quality service to their local markets. On a daily basis we are interacting with
each of these partners in coordinating logistical solutions for our collective
customers base and the following up on consignment transactions to ensure
that we are each delivering on the services sold.

2. ・Logistics Solution in collaboration with customer’s business.

3. ・Provide solutions utilizing functions such as finance / real estate / ICT

1. ・We could understand deeply customer’s business and making best logistics
scheme for customer which win a good reputation.
2. ・We could construct the logistics schemes on Global Supply Chain and
logistics centers and a lot of kind of functions and strength of planning and
layout ability.

1. ・Center management by own staff.

2. ・Constructing logistics scheme by advanced technical strength(


wearable/IoT)

3. ・Visibility systems for international transportation.

1. ・Providing the know-how from specialist of each area’s large experience.

2. ・Providing suitable system for each customer with own development system

AWARDS
Awarded to Monco Logistics for being the Second top customs broker of Cochin for
the year of 2016 during the function held at Merchant navy club , Willington Island,
Cochin on 27th January 2017 in connection with the celebration of “International
customs day”
Clients
Scope of Study:
As we were given a project which had to be done on export-Import documentation,
itis necessary to carefully analyze the documents involved in each process. I was
privileged to take up my internship at Monco Logistics PRIVATE LIMITED
(Chennai) located at George Town.

Objectives:
 To understand the process of Import and Export procedures
 To understand the documentation concept. In both Import and Export
 To understand the clearance procedures.
 To understand difficulties in forwarding.

Purpose of the Study:


The Main Purpose of the study is to analyse Export and Import documentation. Its
uses to the customer, Agent Shipper, Customs and as to what documents are filled
for what purpose of exports or Imports and why are those documents so very
essential for the shipper as well as the consignee. And how does the agent and
Carrier profit out of a shipment, and what documents are maintained by them, and
which of them (documents) are issued to the consignee and shipper.

LIMITATIONS OF TRAINING:
The training is the first step for perfection. Training improves knowledge, Attitude,
and skill of trainee. Most of the training fulfil the knowledge where the persons
lagging behind. The trainee must learn practical knowledge to solve the problems
when they are working in the organisation. The training gives the more ideas when
they are more involving the work. The institution and organization have offered a
wonderful opportunity to the student to learn during summer training. This training
assists the student to get better knowledge, ability, attitude, values and
individuality. It also helps to breed ideas for solving the problem in the organization.

5. MAJOR LEARNING
i. How to work in a professional organisation
Professionalism

Belonging to a professional organization like Monco , it helps me to establish


legitimacy; this is especially true for a trainee like me. Being a member of a
professional organization carries a degree of respectability when applying for jobs or
presenting credentials to potential clients.
Networking

Another benefit in belonging to Monco Logistics Pvt Ltd includes networking.


Attending events or functions in Merchant navy club helps me get to know
colleagues better, interact with competitors and build relationships with potential
mentors. At this event I got chance to chat about current trends, innovations and
upcoming trainings.
Training

Monco Logistics sponsored practical training that helped me to develop my career


skills. More importantly, volunteering for various responsibilities within the group
provided informal training and experience, plus the opportunity to work closely
with respected industry professionals.
Considerations

Belonging to Monco Logistics , they also provided rewarding experience as a


commission. It is for referring Monco Logistics Pvt Lmt to Magara Exporters.

ii. Handling Import and Export Consignment division


The customs clearance services for various import and export consignments include

Guidance and consultancy on pre and post shipment services

Liaison and follow up with various government organisations


Documentation procedures i.e. preparation and handling of
documents

All post-shipment formalities and endorsements

Drawback/DEPB (duty entitled passbook) and several other export


benefits

iii. Export and import documentation


Export and Import documentation includes

 Bill of lading
 Shipping bill Filing
 Bill of entry for Import and Export
 CFS Clearance

 Billing of Lading
Bill of lading (BOL) is one of the most important documents in the shipping process.
To ship any goods, a bill of lading is required and acts as a receipt and a contract. A
completed BOL legally shows that the carrier has received the freight as described
and is obligated to deliver that freight in good condition to the consignee.

The information in the bill of lading is critical as it directs the actions of personnel all
along the route of the shipment - where it's going, the piece count, how it's billed,
and how it's to be handled on the dock and trailers. It could be on a prepaid or
collect basis.

The consignee has to check whether the shipment is collect on delivery which means
that the driver will collect the cost of the merchandise on delivery of the freight

 Shipping Bill filing


An exporter, while sending goods from one country to another has to go through
various formalities including submitting various applications, acquiring licenses,
paying duties and so on. To acquire a clearance for export, from the Customs, an
exporter will have to submit an application called the ‘shipping bill’. One cannot
load the goods unless the exporter files the shipping bill. The export may be by air,
vehicle, or vessel.
The goods can only be taken on board if the goods are accompanied by certain
documents as described below:

At seaport/ airport Shipping bill

At land customs station Bill of export

For goods transhipment Bill of transhipment.

A shipping bill is to be submitted electronically. However, the Principal


Commissioner or the Commissioner may grant an exemption and accept a physical
application, where an electronic submission is not feasible.

A shipping bill is to be submitted electronically. However, the Principal


Commissioner or the Commissioner may grant an exemption and accept a physical
application, where an electronic submission is not feasible.

A shipping bill has various forms which are differentiated by colour. The colour
schemes denote the following:

Sr. No. Form Name Colour


1. Dutiable Goods - Yellow

2. Duty-free goods - White

3. Goods with drawback claims - Green

4. Goods allowed to be exported as duty-free ex-bond - Pink

5. Export goods under DEPB Scheme - Blue

Procedures for filing shipping bill ;


 The exporter gets registered with the Customs with their IEC Code No. or
Customs House Agents (CHA) license No. and Authorised Dealer Code No.
of the bank through which the export proceeds will be realised.
 A declaration in a specific format signed by the exporter or his authorised
CHA is to be submitted at the service centre along with a copy of the invoice
and the packing list.
 After the data entry is completed, a checklist will be generated and the same
is handed over to the exporter.
 The exporter verifies the data and intimates the service centre.
 Once the data is verified and corrected, it automatically gets processed.
 It will be assessed by the Assistant Commissioner (export) when the value of
such goods is more than Rs.10 lakhs, or it contains free samples worth more
than Rs.20,000 or if the drawback amount exceeds 1 lakh.
 After the processing is done, the exporter can check the status of the bill with
the service centre.
 Sometimes, queries might be raised to an exporter, who will have to file his
reply through the service centres.
 At the docks, all the original documents such as invoice, packing list etc. are
to be submitted by the exporter/CHA along with a checklist.
 If everything is in order, ‘Let Export Order’ will be issued by the proper
officer.
 Once the ‘Let Export Order’ is issued, the print out of the shipping bill gets
generated.
 Cargo Freight Station (CFS) Clearance
The clearance process is by opening the container in cargo freight station and by
giving the sample to examination officer. After the examination he will give the
examination report.

 Bill Of Entry
A declaration by an importer or exporter of the exact nature, precise quantity and
value of goods that have landed or are being shipped out. Prepared by a qualified
customs clerk or broker, it is examined by customs authorities for its accuracy and
conformity with the tariff and regulations. See also customs entry.

vi. Coordination with third party logistics on domestic shipments


For Domestic Shipments , we will coordinate with third party logistics company
such as DHL , DTDC , NTC logistics , Agility logistics. Because these companies
have shipments all over India. So it is cost effective , if we coordinate with these
third party logistics companies.

v. Coordinating with transporters ,Importers, Customs and other


external agencies for ensuring timely clearances and cost effective
transport solutions.
Export-import procedures are very complex and time-consuming. Therefore, every
exporter should avail the services of Clearing and Forwarding (C&F) agent who are
expert and well versed with the customs and shipment procedures. For smooth and
timely shipment of goods, the exporter must appoint a competent C&F agent who is
able to, inter alia, provide the following services:

Essential Services:
(a) Transportation of goods to docks and arrangement of warehousing at port.

(b) Warehousing facilities before the goods are transported to docks.

(c) Booking of shipping space or air freighting and advice on relative cost of sending
goods by sea and air.

(d) Arrangement for loading of goods on board.

(e) Equipped with information on shipping lines and freight to different


destinations, and various charges payable by exporters.
(f) Obtaining marine insurance policies.

(g) Preparation and processing of shipping documents, Bills of Lading, Dock


Receipt, Export Declarations, Consular Invoice, Certificate of Origin, etc.
(h) Forwarding of banking collection papers.

Desirable Services:

(a) Storage facilities abroad, at least in major international markets, to warehouse the
goods in case importer refuses to take delivery on any account.

(b) Can trace the goods, if shipment goes astray, through his international
connections.

(c) Arrangement for assessing the damage to shipment enroute.

6. Freight Forwarding
A freight forwarder, forwarder, or forwarding agent, also known as a non-vessel
operating common carrier (NVOCC), is a person or company that organizes
shipments for individuals or corporations to get goods from the manufacturer or
producer to a market, customer or final point of distribution.[1]Forwarders contract
with a carrier or often multiple carriers to move the goods. A forwarder does not
move the goods but acts as an expert in the logistics network. These carriers can use
a variety of shipping modes, including ships, airplanes, trucks, and railroads, and
often do utilize multiple modes for a single shipment. For example, the freight
forwarder may arrange to have cargo moved from a plant to an airport by truck,
flown to the destination city, then moved from the airport to a customer's building
by another truck.
International freight forwarders typically handle international shipments and have
additional expertise in preparing and processing customs documentation and
performing activities pertaining to international shipments.

Information typically reviewed by a freight forwarder includes the commercial


invoice, shipper's export declaration, bill of lading and other documents required by
the carrier or country of export, import, and/or transshipment. Much of this
information is now processed in a paperless environment.
The FIATA shorthand description of the freight forwarder as the "Architect of
Transport" illustrates the commercial position of the forwarder relative to its client.
In Europe,[2] some forwarders specialize in "niche" areas such as rail-freight, and
collection and deliveries around a large port.

Monco Logistics have ;


Air Freight
Reliable Air-Freight services with effective expertise to take care of
urgent freight and air cargo needs

Inland Haulage
Ensuring timely delivery from factory to port at fixed rates
throughout the year.

Pick & Pack and Q.C. Platform


100% error free pick and pack service straight to the store

Warehouse
Monco Logistics owns bonded warehouse spread across 55,000
sq. ft. area with 45,000 sq. ft. warehousing area.
Sea Freight
World class Sea-Freight services to ensure cost-effective and
hassle-free transport of goods.

The company's Freight services provide efficient equipment utilization with secured bonded area
wherein no record of pilferage, theft or damage has been reported. Besides specializing in following
stuffing SOP: Item, Color, Assortment, Size, Pallet wise stuffing as instructed by the consignee,
pictures are also taken at various stages of stuffing for complete visibility.

Also The Air Freight services provide guaranteed uplift at guaranteed rates. With first privately
owned bonded warehouse, we ensure zero damage to the merchandise and fastest
acceptance/shipment process as well as ensure quick stock replenishment. We are proud to own top
charter flight operation out of DAC.
Conclusion
This summer internship helps to learn more about logistics , especially about
Customs house agency’s duties. A Customs house agency is required to clear goods
for import or export only against specific authorization from the principal and must
produce it whenever required by the Deputy/Assistant Commissioner. Also CHA's
duty is to prepare Bill of entry and Shipping bill and also we do Procedures for
assessment and payment of duty , after that we helps clearance of goods from
Customs freight station. In CHA we also do the conversion of currency from foreign
shippers. It was a great experience working in a professional logistics company like
Monco logistics. Several parties and functions helps to socialize with lot of people in
logistics field.

But also the drawback is Chennai office's infrastructure is not good as Cochin’s
office and also the workers in Chennai warehouse has not have much experience.
Monco logistics offers a good platform to beginners to expertise in this field.

Bibliography

1. Logistics & Supply Chain Management - Book by Martin Christopher


2. International Logistics - Textbook by Pierre David
3. Global Logistics and Supply Chain Management - Book by Chandra
Lalwani and John Mangan
4. Economic Times newspaper
5. www.thehindubusinessline.com
6. Materials and logistics management – book by Jhamp and L.Conner
THANK YOU

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