Abisha Report
Abisha Report
Abisha Report
Submitted By
ARUL ABISHA.A
(Reg. No.2023646008)
JULY 2024
ALAGAPPA UNIVERSITY
DEPARTMENT OF DISASTER MANAGEMENT
CERTIFICATE
Certified that the Summer Internship Report was evaluated and the candidate was
examined by us on
REPORT, CHENNAI. was done originally by me under the guidance of Prof Dr. C. K.
Management in partial fulfillment of the requirement for the award of the degree Master of
I assure that the work is original and has not been submitted earlier to this university
(ARUL ABISHA.A)
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ACKNOWLEDGEMENT
I take this opportunity to extend my heartfelt thanks to our HOD, Prof Dr. C.K.
MUTHUKUMARAN, Alagappa Institute of Management, Alagappa
University for having given me an opportunity to carry out this summer
internship work successfully.
I would also like to thank Blue Bharath Exim Pvt. Ltd., for giving me the
opportunity to do my internship in their well–known organization and
supplying me the necessary information about the organization., for her help
and guidance during my internship in Blue Bharath Exim Pvt. Ltd.,
I am also grateful to the other officials at Blue Bharath Exim Pvt. Ltd., and
faculties at Alagappa University who helped me while preparing the report by
giving their suggestions, assistance and supply of information, which were
valuable to me.
(ARUL ABISHA.A)
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TABLE OF CONTENTS
I INTRODUCTION 1-7
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CHAPTER-I
INTRODUCTION
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INTRODUCTION
One of the key focuses of my internship was to develop a thorough understanding of the
import and export procedures followed by Blue Bharath Exim Pvt Ltd. I learned about the
various steps involved in the import and export process, from gathering the necessary
documentation to navigating the complexities of International Business.
As globalization continues to reshape market dynamics, companies like Blue Bharath must
navigate complex regulatory environments and adapt to diverse consumer demands. The
establishment of institutions such as the World Trade Organization has facilitated a more
interconnected trading system, making it essential for businesses to possess a
comprehensive understanding of international trade laws and practices. This study will
explore the foundational aspects of Blue Bharath's international business operations,
including its supply chain management, export strategies, and the impact of foreign trade
policies.
Furthermore, the research will delve into the challenges and opportunities faced by Blue
Bharath in the competitive landscape of international trade. By analyzing its business
model and operational framework, this study aims to provide insights into the effective
management of export and import activities, contributing to a deeper understanding of the
international business environment in which Blue Bharath operates.
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B-ACCURACY (BUSINESS SOFTWARE SOLUTION)
ERP:
ERP is the world largest enterprise software used for controlling the business process.
An ERP stands for Enterprise Resource Planning was coined by Gartner group in the 1960s.
ERP software places its focus on integrating the organization’s department functions (such
as Human resource, Logistics, Sales, Finance, Production etc.) into a single and integrated
computer that aims to serve all those department team’s needs.
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MAJOR BENEFITS OF ERP:
Better customer satisfaction
Better information
High Productivity
Better Quality
Decrease in time to market, delivery time, inventory levels etc
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MAIN FEATURES OF THE B-ACCURACY ERP:
LOGO FEATURES
LETTER BOX
INVENTORY MIS
TAX REPORTS
PAYROLL SYSTEM
FINANCIAL ACCOUNTING
SERVICES
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LETTER BOX
A new add-on feature to B-Accuracy. Now get your workflow in a easier and faster way. B-Accuracy
has the majority of your letter format, all you have to do just fill the required fields. These letter
formats are a standardized and professional way of conveying.
Letter Formats:
• Enquiry Letter
• Follow up Letter 1
• Follow up Letter 2
B-Accuracy is designed for organizations that deal with logistics, freight management, and freight
brokering for both domestic and international shipments. By automating the various functions of the
business such as outbound, container management, billing, accounting, vendor management and storage
into one complete platform for a streamline processes and information across the entire organizations. B-
Accuracy job costing solutions helps you to give an accurate, day to day picture of your job costs,
especially when you are tackling with as many projects at one time.
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system and leading to a boost in revenue of the company.
INVENTORY MANAGEMENT INFORMATION SYSTEM:
B- Accuracy is the automated tool to run and manage your item-based business. Inventory
MIS is systematic approach for sourcing, storing and selling inventory from raw materials (components) to
finished goods (product). Inventory Management means the right stock, at the right levels, in the right
place, at the right time and at the right cost. As a part of your supply chain, inventory management includes
aspects such as controlling and overseeing purchases from suppliers as well as customers for maintaining
the storage of stocks, controlling the amount of product of sale and order fulfillment. It allows to keep track
of inventory databases and make decisions accordingly. By examining people and process in context that
mainly to increase the value and profits of business through maintain following reports.
TAX REPORTS:
GST laws requires monthly, quarterly, and annually time filling of GST returns. B-Accuracy helps to fill all
your returns on time and accurately. Save time by managing all your GSTINs at one place and avoid errors
from manual entries.
Report Types:
1. GST Reports
Tax Invoice
GST Summary
GSTR-1 Summary
GSTR 1 Forms
GST – 2 Summary
GSTR – 2 Forms and Reconciliation
GSTR 3B Summary
GSTR 4 Return
2. Income Tax TDS
TDS Details
Form 16A
EXPORT & IMPORT(Documentation):
Export & Import documentation is essential to get products shipped in the supply chain. Global
trading includes commercial invoices, packing lists, declarations, certifications, and bills of landing.
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B-Accuracy can involve the entire documentation process from product ordering to delivery. It is
packed with features making your international trade documentation fast and easy.
PAYROLL SYSTEM(Employee Management):
This payroll system involves all that depends on the payment of employees welfare. This includes keeping
track of number of hours, calculating wages with including taxes and other deductions. This payroll system
starts when the company hires the employee and keeping track of the employee’s report for the entire year.
In a company, it is an obligation to regulate a human resource management that provide easy customization
and work flow automation to make HR task simple. Some of the processes for HR system are; Maintaining
employee register, Attendance maintenance, Pay voucher & Pay-slip, Monthly P.F report, Employee
monthly register. This software helps to manage and streamline the process of making payment of
employees by automating the entire systems.
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CHAPTER-II
AIM AND OBJECTIV
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AIM OF AN INTERNSHIP
Aim of an internship is to enhance our professional options, learn new skills, and explore new job paths.
Create a professional working environment that promotes and provides room for the development of
professional identity and competence.
OBJECTIVES OF INTERNSHIP
An opportunity for students, recent graduates, and career changers to learn more about a particular field is
offered via an internship, which is a preprofessional work experience. In general, when people refer to
education, they are referring to formal instruction received in a school or a college, as opposed to internship
programs received on the job. Although internship programs are practical, education is academic. The
aptitude, talents, and abilities of employees to carry out particular professions are improved by internship
programs. It promotes the growth of manual skills necessary for a particular vocation. Typically formal, it
tries to promote an individual’s whole development. It strengthens the mental abilities needed to apply
newly learned information to addressing problems successfully.
➢ To Understand the organizational structure, managerial levels and organizational profile working in
one division of an organization allows us to have a general understanding of the division and
company.
These kinds of goals are set for the internship, and they aid in our understanding and knowledge
development. Implementing theoretical knowledge into practical applications is the main goal.
For someone to become a professional, they should study this. By doing so, we may comprehend the
organizational structure, duties, daily tasks, personnel information, fundamentals of working
conditions, and information about the organisations.
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OBJECTIVES OF THE
STUDY:
PRIMARY OBJECTIVES
To examine the recruitment trends and hr practices followed in the Blue Bharat
Exim Pvt Ltd
SECONDARY OBJECTIVES:
Know the various recruitment strategies and HR practices adopted by the Blue
Bharath EximPvt Ltd.
To assess the efffectivesness of recruitment system and the HR practices in
terms ofrecruiter’s skills.
To examine whether the present recruitment strategies and HR practices fulfill
individualand organizational goals.
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CHAPTER-III
COMPANY PROFILE
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Company profile
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Name of the Company Blue Bharath Exim Pvt. Ltd.,
E-Mail ID [email protected]
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Blue Bharath Exim Pvt Ltd is mainly engaged in three activities they are as follow,
Blue Bharath Exim Pvt ltd is one of the leading exporter and importer in Chennai
recognized by Government of India as ONE STAR EXPORT HOUSE. One Star Export House means, the
exporter of goods/ service who hold valid importer- exporter code no. (IEC) may apply to Director General
of Foreign Trade (DGFT) for the recognition as ‘status-holder’ viz. One Star Export House, Two Star
Export House, Three Star Export House, Four Star Export House and Five Star Export House. DGFT
awards status-holder position to the exporter on the basis of exporter performance in the current year and
previous two years. The export performance is counted on total FoB/FoR value including deemed exports.
The achievers of USD 3millions export performance will be recognized as “ONE STAR
EXPORT HOUSE”.
The company has always strived to serve its customers in innovative ways. Finding new
means to improve the quality of service is the boost. The company has commenced the business as an
exporter and importer in Chennai since 1997. Blue Bharath Exim Pvt Ltd has been in the business since
2001 to offer a range of variety of spices and grocery items to suit specific end-user requirements and have
always put quality before profitability. The company has a fully equipped in-house comprehensive
warehouse facility, which includes the entire process from the state of the art and finally the industry’s
finest packing system. The company find themselves revolutionizing and evolving in this rapidly
changing scenario to keep up their commitment to deliver the best to their customers.
By paying attention to the changing market trends the company as an on-going process,
expanding the business to suit a variety of market / packaging conditions. The wide range of clients and
products the company service puts us in a unique position to cater to the customer needs. The company has
proved a wide acceptability of the products all over the country/export.
Products
Food products: Ponni Rice, Grocery items and dry vegetables Vathals, Appalams and Pickles: - Lime,
Mango thokku, Mango Sliced, Mango Avakai, Garlic, Mixed Vegetables, Ginger, Tomato, Onion,
Putinacoriander leaves and Greenchilli.
The company is on the process of extending the business to Malaysia. The negotiations for
exporting the grocery items in bulk quantities are over and the company is awaiting export order from the
same. In continuation of the company motto “CUSTOMER SATISFACTION” the company brings to the
customer another winning offer to adder the extra edge to our operations. Blue Bharath Exim Pvt ltd is now
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offering a compact package including various accessories required to make it a complet systems. More and
more customers are reposing their faith in company products. The company is a prominent exporter of
grocery items for eastern countries including Singapore, Brunei and Dubai and so far the company has
exported more than millions of grocery items to different buyers in their countries.
Second Activity
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5. Key Note Speaker and Visiting Faculty
Being an ‘Export House’ Status Holder, The Managing Director, Dr K.S. Kamaludeen is so
much interested in sharing his valuable experience with budding. As mentioned in FOREIGN TRADE
POLICY 2015-2020 Para 3.20 page 66 “Status Holders are expected to not only contribute towards
India’s exports but also provide guidance and handholding to NEW ENTREPRENEURS”.
The managing Director spends lot of his precious time in guest lecturing, guidance service
and training programs to various government & private companies as well as college students on various
topics like ‘How to Enter into International Trade, Success in College life and Entrepreneurship etc.’
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Dr. K.S.KAMALUDEEN
Managing Director Blue Bharath Exim Pvt Ltd – (Star Exporter)
Founder and CEO B-Accuracy Infotech (Business ERP Software)
Profession:
International Trade Entrepreneur | Educationalist | IT Professional | Internal Auditing | Writer | Mentor
Awards Received:
✓ Visiting Faculty
- A.M.S College of Engineering
- Indian School of Science and Management (ISSM) Chennai
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Achievements:
✓
1Million YouTube viewers Title: Explain the opportunities in Export sector
Resource Person:
Educational Services:
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Memberships:
APEDA Associate Member in Agricultural and Processed Food Products Export Development
Authority
SPICES Associate Member in Spices Board (Ministry of Commerce & Industry Govt. of India)
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CHAPTER-IV
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ALAGAPPA INSTITUTE OF MANAGEMENT
ALAGAPPA UNIVERSITY, KARAIKUDI-630004
XXX Batch MBA - SUMMER INTERNSHIP PROGRAMME – 2024
Internship Details:
Organization Name: Blue Bharath Exim Pvt Ltd, Chennai
ACTIVITY REPORT:
DATE TOPIC
17 MAY 2024 Trainer teaches the basic information about products offered
18 MAY 2024 -
19 MAY 2024 -
20 MAY 2024 Trainer teaches about import and export transaction, sea freight & air freight
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22 MAY 2024 I learned about the eleven incoterms and basic roles and importance
25 MAY 2024 -
26 MAY 2024 -
28 MAY 2024 The guide teaches how to handle the B-accuracy software
01 JUNE 2024 -
02 JUNE 2024 -
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05 JUNE 2024 I learned about how to communicate with consignee
06 JUNE 2024 The Guide teaches about the privacy and safty about the software
07 JUNE 2024 The Guide teaches how to create the profile for B-accuracy software
08 JUNE 2024 -
09 JUNE 2024 -
10 JUNE 2024 The Guide teaches about how to create all data and document in B-accuracy
15 JUNE 2024 -
16 JUNE 2024 -
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19 JUNE 2024 The Guide teaches about different types of Airway Bills
20 JUNE 2024 The Guide teaches about different types of seaways bills
22 JUNE 2024 -
23 JUNE 2024 -
ARUL ABISHA.A
Signature of the Student
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INTERNSHIP ACTIVITIES
COMPANY HISTORY
Blue Bharath Logistics Pvt., Ltd., also known as Blue Bharath Exim Private Limited, has
established itself as a prominent player in the logistics and supply chain industry since its
inception. The company was incorporated on April 4, 2001, in Chennai, Tamil Nadu, India.
Initially focused on the manufacturing sector, particularly in food products, Blue Bharath has
evolved over the years to encompass a wide range of logistics services, including air freight,
ocean freight, warehousing, and customs clearance.
SECOND ACTIVITY
Business ERP Software Solution
1. One Star Export House (2015-2023)
2. Import and Export Code (IEC)
3. Federation of India Export Organization (FIEO)
4. Spices Board
5. Agricultural and Processed Food Products Export Development
Authority (APEDA)
6. Tamil Nadu Government Sales Tax (GST)
7. FSSAI
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Early Years and Foundation
The foundation of Blue Bharath Logistics was laid in a period marked by rapid globalization
and the increasing need for efficient logistics solutions. The company's founders recognized
the potential for growth in the logistics sector, particularly in India, where trade was expanding
both domestically and internationally. From its early days, Blue Bharath aimed to provide
comprehensive logistics solutions to meet the diverse needs of its clients. The company began
by establishing strong relationships with various shipping lines and air freight carriers, allowing
it to offer competitive rates and reliable services.
Growth and Expansion
As the demand for logistics services grew, Blue Bharath Logistics expanded its offerings. The
company diversified its services to include:
Ocean Freight Services: Providing full container loads (FCL) and less than container
loads (LCL) to cater to different shipping needs. The company established regular
sailing schedules to major Indian ports, ensuring timely delivery of goods.
Air Freight Services: Recognizing the need for speed in logistics, Blue Bharath
introduced priority air cargo services. This included handling dangerous goods and
offering aircraft chartering for urgent shipments.
Warehousing Solutions: To support its logistics operations, Blue Bharath invested in
warehousing facilities that allowed for bonded and non-bonded storage. The company
also catered to the e-commerce sector by providing fulfillment services.
Customs Clearance: With a team of experts in customs procedures, Blue Bharath
facilitated smooth clearance of goods, ensuring compliance with local regulations.
Technological Integration
With the rise of digital technology, Blue Bharath Logistics embraced innovation to enhance its
operations. The company implemented advanced tracking systems, allowing clients to monitor
their shipments in real time. This technological integration improved transparency and
efficiency, leading to higher customer satisfaction.
Commitment to Quality and Safety
Throughout its history, Blue Bharath has maintained a strong commitment to quality and safety.
The company adheres to international standards in logistics and transportation, ensuring that
all goods are handled with care. Training programs for employees on safety protocols and
hazardous materials handling have been a priority.
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Current Operations and Market Position
Today, Blue Bharath Logistics Pvt., Ltd. employs between 201-500 individuals and operates
with an estimated annual revenue of less than 1 million USD. The company continues to serve
a diverse clientele, including businesses in the food and beverage sector, e-commerce, and
manufacturing. Its ability to adapt to changing market conditions and customer needs has
solidified its position as a reliable logistics partner.
Future Outlook
Looking ahead, Blue Bharath Logistics aims to further expand its services and enhance its
technological capabilities. The company is exploring opportunities in emerging markets and
considering partnerships that align with its growth strategy. With a focus on sustainability and
innovation, Blue Bharath is poised to navigate the complexities of the logistics industry and
continue its trajectory of growth.
In conclusion, Blue Bharath Logistics Pvt., Ltd. has come a long way since its inception in
2001. The company has evolved from a manufacturer to a comprehensive logistics provider,
adapting to the dynamic landscape of global trade. Its commitment to quality, safety, and
customer satisfaction remains at the core of its operations, ensuring that it meets the needs of
its clients effectively.
PRODUCTS OFFERED
Ledger Grouping.
Payment Voucher.
Product Management.
International Trading Communication.
Vendor Management System.
INCO Terms (International Commercial Terms).
Cost Calculation.
CBM (Cubic Per Meter) Calculation.
CHA Enquiry.
Proforma Invoice (Quotation).
CRM (Customer Relationship Management).
Financial Management System – Reports.
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LEDGER GROUPING
A ledger is a book or electronic record that contains all the financial transactions of a business
or organization. It serves as a central repository for recording and organizing financial activities
such as sales, purchases, expenses, and payments.
The ledger provides a detailed account of each transaction and helps in tracking the flow of
money within the business.
There are 14 main ledgers in Business Management ERP system, they are Share
capital, Reserves, Fixed asset, Deposits, Bank account, Loans & Advances, Human
resources, Tax & Professional, Expenses account, Inward, Outward, Indirect
income, Current asset, and Current liabilities.
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PAYMENT VOUCHER
Payment will be received in the form of cheque or cash in the business likewise
payment can be done directly in the form of cash or cheque according to the
proprietor's convenience. While making the payment with the help of the cheque for
the goods purchased, one should attach a cover letter for the cheque stating the
reason for the payment and details of the bank account.
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PRODUCT MANAGEMENT
Blue Bharath Logistics, a leading global supply chain, and logistics provider identified the
need for an intelligent, end-to-end logistics platform to optimize operations, enhance
customer experience, and drive growth. The company partnered with a team of product
managers to conceptualize, develop, and launch the Acme Intelligent Logistics Platform
(AILP).
Market Analysis
Increasing demand for real-time visibility, transparency, and control over supply
chain operations.
Growing need for data-driven insights to make informed decisions and improve
efficiency.
Shift towards automation and AI-powered solutions to streamline logistics processes.
Competitive landscape includes fragmented solutions and legacy systems with limited
capabilities.
Product Vision and Objectives
Create a comprehensive, cloud-based platform that integrates all aspects of logistics
operations.
Leverage advanced analytics, machine learning, and IoT to provide real-time insights
and optimize decision-making.
Enhance customer experience through improved visibility, flexibility, and
responsiveness.
Drive operational efficiency, cost savings, and revenue growth for Acme Logistics.
Key Features and Functionalities.
Integrated Logistics Management.
End-to-end visibility of supply chain operations.
Centralized control and management of transportation, warehousing, and distribution.
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3. Creditworthiness Assessment
Before proceeding, the exporter should assess the importer’s creditworthiness. This often
involves requesting a Letter of Credit (LC) from the importer’s bank, which serves as a
guarantee for payment. Communication regarding financial arrangements should be clear and
documented to mitigate risks associated with non-payment.
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4. Documentation Preparation
The exporter must prepare several key documents, which require clear communication with
various stakeholders, including freight forwarders and customs officials. Essential documents
include:
Commercial Invoice
Packing List
Certificate of Origin
Bill of Lading
Insurance documents
Each document must be accurate and comply with both exporting and importing country
regulations. Miscommunication at this stage can lead to delays or customs issues.
5. Shipping and Customs Clearance
Once the goods are ready for shipment, the exporter must communicate with shipping
companies to reserve space and arrange for transportation. This includes:
Providing shipping instructions
Confirming pickup and delivery dates
Ensuring all customs documentation is in order
Maintaining open lines of communication with the shipping company and customs authorities
is vital to avoid delays and ensure compliance with international trade regulations.
6. Post-Shipment Communication
After the goods are shipped, the exporter should send a shipment advice to the importer,
notifying them of the shipment details. This communication should include:
Tracking information
Expected delivery dates
Any additional instructions for receiving the goods
Keeping the importer informed helps maintain a good relationship and facilitates smooth
delivery.
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VENDOR MANAGEMENT SYSTEM
Vendor management refers to the process of overseeing and controlling relationships with
third-party suppliers or vendors. It involves various activities, including selecting and
onboarding vendors, negotiating contracts, monitoring performance, and maintaining
effective communication.
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1. Vendor Onboarding
Registration and Verification: The VMS should facilitate the onboarding
process by allowing vendors to register and submit necessary documentation,
such as licenses, tax forms, and insurance details. This ensures compliance and
reduces risks associated with vendor selection.
Centralized Database: All vendor information should be stored in a
centralized database for easy access and management. This includes contact
details, service offerings, and performance history.
2. Sourcing and Selection
Request for Proposals (RFPs): The system should enable procurement teams
to create and send RFPs to potential vendors, allowing them to submit bids or
quotes.
Evaluation and Comparison: The VMS should provide tools for
evaluating vendor submissions based on criteria such as pricing, quality,
and delivery capabilities, helping to select the best-fit vendor for specific
export projects.
3. Contract Management
Negotiation and Execution: The VMS should support the negotiation of
contract terms, including pricing, timelines, and deliverables. Contracts should
be stored securely within the system for easy reference and management of
amendments or renewals.
Compliance Tracking: The system should monitor compliance with
contract terms and conditions, ensuring that both parties adhere to agreed-
upon standards.
4. Performance Monitoring
Key Performance Indicators (KPIs): The VMS should track vendor
performance against established KPIs such as on-time delivery, quality of
goods, and adherence to budget. Regular performance reviews can help
identify areas for improvement.
Feedback Mechanism: Implementing a feedback system allows exporters
to assess vendor performance and provide constructive feedback, fostering
continuous improvement and stronger partnerships.
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5. Communication and Collaboration
Centralized Communication Platform: The VMS should facilitate
communication between exporters and vendors, providing a platform for
discussing issues, sharing updates, and resolving disputes. This transparency
helps maintain strong relationships and minimizes disruptions.
Issue Resolution: The system should have features for logging issues
and tracking their resolution, ensuring that problems are addressed
promptly.
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COST CALCULATION
The landed cost is the total expense associated with getting a shipment to its destination,
including:
Original product price
Insurance
Freight
Tariffs and taxes
Other fees
To calculate the landed cost:
8. Determine the product's Harmonized System (HS) code for the importing country
9. Use tariff lookup tools to find applicable tariffs and taxes
10. Add freight, insurance, and other costs to the product price
Cost-Plus Pricing Method
The cost-plus method is commonly used to determine export pricing:
1. Calculate the total cost of manufacturing the product
2. Add a markup percentage to cover other expenses and profit
3. The result is the minimum selling price to cover costs and make a profit
Factors to Consider
Exclude fixed costs that support only domestic sales to be more competitive
Adjust pricing based on market characteristics and order size
Add any export-specific costs like crating or heat-treated pallets
Include freight to port and other logistics expenses
Factor in credit insurance and interest charges if offering credit terms
Build in a 5% cushion for negotiation in some markets
Insurance Costs
Ocean insurance rates are typically 0.25-0.50% of the insured shipment value
Consider buying a blanket policy for international shipments rather than insuring each
shipment separately
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CBM (CUBE PER METRIC) CALCULATION
Calculating a Cubic Meter (CBM) is essential for both sea and air exports, as it helps determine
shipping costs based on the volume of cargo.
Basic Formula
For calculating CBM in meters:
CBM=Length m ×Width m ×Height m ×Quantity CBM=Length m ×Width m ×Height
m ×Quantity
For calculating CBM in centimeters:
CBM= (Length cm ×Width cm ×Height cm 1,000,000) ×Quantity CBM= (1,000,000Length cm
×Width cm ×Height cm) × Quantity
CBM Calculation for Sea Exports Steps
to Calculate CBM
11. Measure Dimensions: Measure the length, width, and height of the cargo in meters.
12. Use the Formula:
CBM=Length m ×Width m ×Height m ×Number of Packages CBM=Length m ×Width m ×H
eight m ×Number of Packages.
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Example
If you have 10 boxes, each measuring 1.5m long, 1m wide, and 1.6m high:
Volume of one box:
1.5×1×1.6=2.4 CBM1.5×1×1.6=2.4 CBM
Total CBM for 10 boxes:
2.4×10=24 CBM2.4×10=24 CBM
Freight Cost Calculation
For sea freight, the volumetric weight is calculated based on a standard of 1,000 kg per CBM.
If the total volume is 24 CBM, the volumetric weight would be:
Volumetric Weight=24 CBM×1000 kg CBM=24000 kg Volumetric Weight=24 CBM×1000 k
g CBM=24000 kg
You would then compare the actual weight (e.g., 7000 kg) with the volumetric weight (24000
kg) and use the higher figure for freight cost calculation.
CBM Calculation for Air Exports
Steps to Calculate CBM
1. Measure Dimensions: Similar to sea exports, measure the length, width, and height in
centimeters.
2. Use the Formula:
CBM=Length cm ×Width cm ×Height cm 1,000,000CBM=1,000,000Length cm ×Width cm
×Height cm
Example
For a package measuring 130 cm x 100 cm x 90 cm:
Volume:
130×100×90=1,170,000 cm3130×100×90=1,170,000 cm3
Convert to CBM:
1,170,0001,000,000=1.17 CBM1,000,0001,170,000=1.17 CBM
Freight Cost Calculation
For air freight, the volume weight is calculated using a DIM factor of 1:6000. Thus:
Volume Weight=CBM0.006 to convert to kg Volume Weight=0.006CBM to convert to kg
For:1.17 CBM:
Volume Weight=1.170.006≈195.39 kg Volume Weight=0.0061.17≈195.39 kg
As with sea freight, you compare the actual weight with the volume weight to determine which
will be used for pricing.
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CHA ENQUIRY
A CHA (Custom House Agent) enquiry is a request for information or clarification made by a
CHA regarding the customs clearance process for import or export shipments.
Components of an Export Enquiry
13. Product Specifications
Size Details: Indicate whether the product is standard, oversized, or
undersized.
Drawings/Samples: Provide drawings if available, and samples if possible.
14. Order Details
Quantity Required: Specify the exact quantity needed.
Delivery Schedule: Outline the timeline for delivery.
15. Pricing Terms
Price Basis: Clarify if the price is required on FOB (Free on Board), C&F
(Cost and Freight), or CIF (Cost, Insurance, and Freight) basis.
16. Logistics
Mode of Dispatch: State the preferred mode of transport (sea, air, or a
combination).
Mode of Packing: Specify how the goods should be packed.
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17. Payment Terms
Acceptable Terms: Indicate the terms of payment acceptable to the buyer,
such as Letter of Credit or other methods.
18. Regulatory Requirements
Pre-shipment Inspection: Mention if a pre-shipment inspection is required
and by which agency.
Certificate of Origin: Specify if a Certificate of Origin is needed and from
which agency.
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PROFORMA INVOICE
A proforma invoice is a preliminary document sent by a seller to a buyer before a sale is
finalized. It outlines the details of the transaction, including the goods or services to be
provided, their prices, and other relevant terms.
19. Initial Inquiry
The process begins when a potential buyer expresses interest in purchasing
goods from the exporter, often through a letter of inquiry that may include
specific terms or requests for quotes.
20. Preparation of Proforma Invoice
Upon receiving the inquiry, the exporter prepares a proforma invoice. This
document serves as a preliminary quote and includes essential details such as:
Description of goods
Quantity
Pricing (including any applicable taxes and shipping costs)
Payment terms (e.g., deposit requirements)
Delivery terms (e.g., shipping method and timelines)
Validity period of the proforma invoice
21. Sending the Proforma Invoice
The exporter sends the proforma invoice to the buyer. This document acts as a
formal quote and is crucial for the buyer to assess the offer and make informed
decisions.
22. Negotiation and Confirmation
The buyer reviews the proforma invoice and may negotiate terms. If both parties
agree on the terms, the buyer typically confirms the order and may provide a
deposit as per the payment terms outlined in the proforma invoice.
23. Finalizing the Order
Once the buyer confirms the order and payment terms, the exporter can proceed
with manufacturing or preparing the goods for shipment. The proforma invoice
serves as a reference for both parties during this stage.
24. Issuing the Commercial Invoice
After the goods are ready for shipment, the exporter issues a commercial
invoice, which reflects the actual quantities shipped and serves as the official
document for customs clearance and payment processing.
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CRM ( CUSTOMER RELATIONSHIP MANAGEMENT)
CRM, or Customer Relationship Management, in the context of export refers to the strategies,
practices, and technologies that companies use to manage and analyze customer interactions
and data throughout the customer lifecycle. This approach aims to improve customer service
relationships, assist in customer retention, and drive sales growth.
25. Data Management: CRM systems compile and analyze data from various
communication channels, such as emails, phone calls, and social media. This helps
exporters understand their customers' needs and preferences, enabling tailored
marketing and sales strategies.
26. Sales Pipeline Optimization: In the export business, CRM tools help manage the sales
pipeline by tracking leads, opportunities, and sales activities. This ensures that follow-
ups are timely and that potential sales are not missed.
27. Customer Segmentation: CRM allows exporters to categorize their customers based
on various criteria, such as purchase history and engagement levels. This segmentation
helps in targeting specific groups with personalized marketing efforts, improving
conversion rates.
28. Document Management: Exporters can use CRM systems to manage and store
important documents related to shipping and customs, ensuring that all necessary
paperwork is easily accessible and organized.
29. Performance Analysis: CRM tools provide insights into sales performance and
customer interactions, allowing exporters to evaluate their strategies and make data-
driven decisions to enhance business outcomes.
30. Improved Communication: By centralizing customer information, CRM systems
facilitate better communication among team members, ensuring that everyone has
access to the same data and can collaborate effectively on customer-related tasks
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FINANCIAL MANAGEMENT SYSTEM – REPORTS
FINANCIAL PERFORMANCE:
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BALANCE SHEET
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MISSION & VISION
Mission
Blue Bharath Exim Private Limited aims to provide high-quality export products, ensuring
customer satisfaction and fostering strong, long-lasting relationships with their global partners.
They are committed to maintaining ethical business practices, sustainability, and service
excellence to support international trade and economic growth.
Vision
Blue Bharath Exim Private Limited envisions becoming a leading exporter recognized
globally for their integrity, innovation, and superior product quality. They strive to expand their
market reach, continuously improve their operations, and contribute positively to the global
economy while supporting local communities and promoting sustainable development.
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CHAPTER-V
OBSERVATION AND KNOWLEDGE
GAINED
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The internship training at Blue Bharath Exim Private Limited, was invaluable in
helping me gain practical knowledge of using business ERP software solution to
improve business processes. I also gained knowledge on the benefits of
customization to address specific business requirements. Through my internship,
I have expanded my knowledge and developed new skills, which has enabled me
to become a more efficient and technically sound professional.
Interpersonal Skills
Technical knowledge
My internship at Blue Bharath Exim Pvt Ltd focused on ensuring that the
company’s financial data was secure and accurate. The working experience
helped me to understand the vital role of security in financial management
systems.
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CHAPTER-VI
SUMMARY AND ANNEXURE
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SUMMARY:
1. Market Expansion:
o Research New Markets: Conduct thorough market research to identify potential
new markets for exporting goods. Consider emerging markets where demand
for your products is growing.
o Strategic Partnerships: Form strategic alliances with local distributors and
agents in target markets to enhance market penetration and brand recognition.
2. Product Diversification:
o Innovate Product Line: Invest in R&D to develop new products or enhance
existing ones to meet changing consumer preferences and industry trends.
o Sustainability Focus: Introduce eco-friendly and sustainable products to cater to
media marketing, and email campaigns, to boost brand visibility and customer
engagement.
5. Quality Assurance:
o Certifications and Standards: Obtain relevant quality certifications and adhere
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6. Financial Management:
o Cost Control: Implement stringent cost control measures to improve
ANNEXURE:
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BIBLIOGRAPHY
8. https://baccuracy.com/
9. https://in.linkedin.com/company/b-accuracy-business-erp-software-solution
10. https://en.wikipedia.org/wiki/Category:ERP_software
11. https://www.volza.com/companies/blue-bharath-exim-pvt-ltd-226130.aspx.
MAIL ID
[email protected]
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