It is interesting to check what is the relevance of getting practical knowledge in the areas of Supply chain management and international trade these days.

In many manufacturing companies, materials cost account for 50% - 75% of the finished product cost. This being a substantial portion of total cost involved, a careful attention to be given to manage properly by trained people.

Business world is getting connected across the globe more and more these days to get advantage of scale & to get best technologies available in the world. Any upcoming professional in the management cadre of a company or those pursuing management education can perform better if they have good understanding of International trade process & associated regulations.

It is a complex scenario when you deal with different nationalities, cultures, currencies, business practices, regulating agencies like Customs Dept, GST Dept, DGFT, RBI, Authorised Forex Dealers, DRI etc.

Trained people are required to take the responsibility of above functions to either export materials or to get imported materials for domestic consumption or for re-export with out violating any regulations of above referred government agencies.