2. Mechanics – The second difference between domestic and international logistics is in mechanics. Doing business in a rival country for the first time is discouraging. It depends on a lot of experience and specialties. It is difficult to quote the price without knowing the procedures and regulations of the country concerned.
In addition, the situation of trade in two countries compared to domestic trade The exchange of documents requires a lot of documents. According to a study, it takes 48 hours to type a document for export in India, requires signatures from 327 different authorities and takes an average of 6 weeks to complete.
In addition, the time taken by shipping cargo etc. is equal to 21 days, which is called the time produced. The time taken for the actual transportation of the goods was 40 percent less than it.
When developing countries are engaged in foreign trade transactions as buyers and sellers, the delay at the switching point is thus a greater part of the total transit time, thereby increasing the cost of logistics. This shows that for those developing countries engaged in international trade, logistics can be an important element in terms of cost competitiveness and profitability.
3. Political and cultural Environment – The last element group is political and cultural environment. Control of delivery is necessary to receive orders repeatedly.
- Difference between domestic and international Logistics-LM Blog-06
- What are the objectives of Logistics for a firm?-LM Blog-05
- What are the Various Components of a Logistics-LM Blog-04
- Cold chain Logistics – LM Blog-03
- Role of Logistics in Supply Chain – LM Blog-02
- Supply Chain vs Demand Chain-SCM Blog-06
- Supply Chain Management Strategic Sourcing-SCM Blog-05
- Components of Supply Chain – SCM Blog-04
- Supply Chain Decision phases – SCM Blog-03
- DRIVERS OF SUPPLY CHAIN PERFORMANCE- SCM Blog-02
- Supply Chain Management (SCM) -SCM Blog-01
- Where are Amazon Warehouse – WH Blog-17
- Distribution Center vs Warehouse- WH Blog-16
- Cost Saving Ideas For Warehouse – WH Blog-15
- Warehouse Problem and solution – WH Blog- 14
- What is SAP and WMS- WH Blog-13
- What is a warehouse objective-WH Blog-12
- Warehouse outbound process flow-WH Blog-11
- Warehouse inbound process flow-WH Blog-10
- Warehouse advantages and disadvantages-WH Blog-08
- Public vs privet warehouse – WH Blog-09
- Warehouse safety Management Tips – WH Blog-07
- Warehouse Equipment-WH Blog-06
- Warehouse Inventory Management- WH Blog-05
- WMS Warehouse Management System- WH Blog-04
- Empty Warehouse Business Ideas-WH Blog-03
- How To Start Warehouse Business-WH Blog-02
- What is Warehouse? Warehouse Management Blog-01
- How To Start a Business -BM Blog-19
- Best Small Business Ideas -BM Blog-18
- How To Grow Business – BM Blog-17
- Top 5 Business idea after Lockdown in India Hindi-BM Blog-16
- Reason why business fail in Hindi-BM Blog-15
- Why business is important in Hindi – BM Blog-14
- Business Ideas From Home- BM Blog-13
- Business Model-BM Blog-12
- When Business is slow what to do?-BM Blog-11
- How to use social media for business growth? BM Blog-10
- Business mein Social Media ka upayog kaise karen? BM Blog-09
- CRM क्या है?- BM Blog-08
- How to start an online business in Hindi-BM Blog-07
- Examples of Competitive Advantage in Business-BM Blog-06
- Business Plan Example – BM Blog-05
- Fear of Starting a Business -BM Blog-04
- Business Strategy -BM Blog-03
- Why Business Plan is Important – BM Blog-02
- What is Business Management – BM Blog-01
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