Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG

This internship report is submitted in partial fulfillment of the requirements for the degree of Post Graduate Diploma in Knitwear Industry Management, 2021.

Detalhes bibliográficos
Autor principal:	Hasan, Md. Mahamudul
Outros Autores:	Aziz, Syeda Salina
Formato:	Internship report
Idioma:	English
Publicado em:	Brac University 2022
Assuntos:	Logistics Trade Finance Payment Terms ZXY International
Acesso em linha:	http://hdl.handle.net/10361/16915

id	10361-16915
record_format	dspace
spelling	10361-169152023-01-24T04:25:32Z Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG Hasan, Md. Mahamudul Aziz, Syeda Salina Rahman, Mizanur Brac Institute of Governance and Development, Brac University Logistics Trade Finance Payment Terms ZXY International This internship report is submitted in partial fulfillment of the requirements for the degree of Post Graduate Diploma in Knitwear Industry Management, 2021. Cataloged from PDF version of internship report. Includes bibliographical references (page 20). ZXY is one of the leading European based garments sourcing company operating business in Bangladesh since 2000. We are working for around 100 customer all over the world and we are sourcing product from almost 200 Bangladeshi manufacturers. To handle such big logistics operation, we have total three team. Our main goal to make the goods available at customer warehouse within agreed schedule. We are involving every stage of operation. At the time of order placement, we are providing shipping cost and transit time for import raw material as well as final product reached at customer warehouse. After order placement we start importing raw material and make sure to in house raw material within planned schedule. For exporting final product, we place booking to customer nominated forwarder and follow up with customer to approval of booking. We make sure to handover the goods to forwarder within cutoff date and loaded to the carrier as per approved schedule. We track vessel until reached at destination. In case of any delay in transit we try to solve so that our customer can get the goods on time. We are responsible to collect payment from customer following agreed terms. We are working for various customer with multiple payment terms. Out of them letter of credit, TT, open account is most uses terms. We need to prepare various documents following local rules and customer requirement to get the payment. During the total process we are facing lots of difficulties and we must overcome those problem. Sometime our manufacturer failed to make the goods ready within schedule due to production issue, raw material shortage or faulty raw material. In such cases production will be delayed but to reach the final goods available at customer warehouse within agreed schedule we are finding faster transport service like Air, Sea & Air, Sea & Road so that we can meet the customer schedule. Md. Mahamudul Hasan P.G.D Knitwear Industry Management 2022-06-06T08:27:52Z 2022-06-06T08:27:52Z 2021 2021-05 Internship report ID: 19281164 http://hdl.handle.net/10361/16915 en Brac University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 20 Pages application/pdf Brac University
institution	Brac University
collection	Institutional Repository
language	English
topic	Logistics Trade Finance Payment Terms ZXY International
spellingShingle	Logistics Trade Finance Payment Terms ZXY International Hasan, Md. Mahamudul Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG
description	This internship report is submitted in partial fulfillment of the requirements for the degree of Post Graduate Diploma in Knitwear Industry Management, 2021.
author2	Aziz, Syeda Salina
author_facet	Aziz, Syeda Salina Hasan, Md. Mahamudul
format	Internship report
author	Hasan, Md. Mahamudul
author_sort	Hasan, Md. Mahamudul
title	Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG
title_short	Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG
title_full	Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG
title_fullStr	Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG
title_full_unstemmed	Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG
title_sort	logistics & trade finance in zxy international: payment terms in bangladesh rmg
publisher	Brac University
publishDate	2022
url	http://hdl.handle.net/10361/16915
work_keys_str_mv	AT hasanmdmahamudul logisticstradefinanceinzxyinternationalpaymenttermsinbangladeshrmg
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Logistics & Trade Finance in ZXY International: Payment Terms in Bangladesh RMG

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