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Level 3 Diploma in Logistics, Supply Chain and Operations Management

Key Parties and Operational Terminology

LSC306 · International Trade and Freight Management — Week 2 of 16

CourseLSC306
Week2 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Key Parties and Operational Terminology

  1. Roles of freight forwarders and customs brokers
  2. Carriers, port operators and 3PLs
  3. Consignors and consignees
  4. Standard commercial and shipping terminology
  5. Basic Commercial Terms for International Business
  6. International Trade: A Guide for Contractual Relationship
  7. ​The Critical Role of Bill of Lading in Global Trade and Supply Chain Finance

What you will be able to do

  • 1.2 Describe the roles of key parties involved in international trade and freight.
  • 1.3 Explain key freight and trade terminology used in international operations.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: describe the roles of key parties involved in international trade and freight.

Study materials

Videos

  • Basic Commercial Terms for International Business · YouTube · Talking Business · 3 min · for registered students
  • International Trade: A Guide for Contractual Relationship · YouTube · Vanijja | Trade Insights · 7 min · for registered students
  • ​The Critical Role of Bill of Lading in Global Trade and Supply Chain Finance · YouTube · Vanijja | Trade Insights · 11 min · for registered students

Further resources

  • International trade paperwork: the basics (GOV.UK) · Reading · GOV.UK, guidance · for registered students
  • Customs valuation: Incoterms (HMRC) (GOV.UK) · Reading · GOV.UK, guidance · for registered students
  • Moving dangerous goods (GOV.UK) · Reading · GOV.UK, guidance · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 1Week 3
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Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Fundamentals of International Trade
  • Week 2: Key Parties and Operational Terminology
  • Week 3: International Freight Transport Modes
  • Week 4: Incoterms and Commercial Contracts
  • Week 5: International Trade Documentation
  • Week 6: Customs, Security and Regulatory Compliance
  • Week 7: Risk Assessment and Mitigation in Transit
  • Midterm: Midterm evaluation
  • Week 9: Customer Communication and Service Delivery
  • Week 10: Selecting Freight Solutions for Customer Requirements
  • Week 11: Operational Process Planning and Freight Controls
  • Week 12: Applying International Trade and Freight Management in prac…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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