+ All Categories
Transcript
Page 1: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

1 International Business

Page 2: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

ACKNOWLEDGEMENT

IT IS THE MATTER OF GREAT PLEASURE AND PRIVILEGE TO

BE ABLE TO PRESENT THIS PROJECT REPORT ON VIRTUALY

WATERLESS WASHING MACHINE. THE COMPILATION OF THE

PROJECT IS A MILESTONE IN THE LIFE OF THE MANAGEMENT

STUDENT AND ITS EXECUTION IS INEVITABLE WITH THE CO-

OPERATION OF THE PROJECT GUIDE. I WISH TO RECORD A DEEP

SENSE OF RESPECT AND GRATITUDE TO MY PROJECT GUIDE,

PROF. VISHAL KADAM FOR HIS ENCOURAGEMENT TO COURSE OF

MY WORK. IT IS DUE TO THE ENDURING EFFORT AND GUIDANCE

OF MY GUIDE THAT ULTIMATELY MADE IT SUCCESS.

I ACKNOWLEDGE MY INDEBTNESS TO VARIOUS AUTHORS

FOR MAKING USE OF VALUABLE INFORMATION LIBERALLY.

2 International Business

Page 3: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

Introduction

Xeros is the brand name for a patented laundering process

that replaces the majority of water with reusable polymer beads,

reducing the water and electricity required for effective cleaning.

Three years of laboratory testing confirms that the Xeros cleaning

process cleans as well as conventional washing while requiring

90% less water and operating with a substantially lower

electricity burden. GreenEarth, which currently licenses its

patented silicone-based dry cleaning technology around the

world, will have exclusive rights to distribute the Xeros

technology throughout North America to retail dry cleaners. The

partnership will enable dry cleaners using both cleaning

processes to have the lowest overall carbon footprint possible.

MANASE DHONEKAR CO.LTD is on the verge of saving us

a LOT of water. Their new washing system (prototype stage) uses

nylon beads to tumble wash clothes with 90% less water than

conventional washers. The machine also uses significantly less

detergent and eliminates the need for tumble drying. They claim

that if all the homes in the US switched to their system, the

3 International Business

Page 4: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

carbon offset would be like taking 5 million cars off the road and

it would save 1.2 billion tons of water per year – the equivalent of

17 million swimming pools.

“We honestly believe Xeros will change the way we

launder clothes”

Objective

The object of implementing is that as we see many

countries are facing the utmost problem of water especially the

country like India has recognized the need for it & thus got the

machine which is beneficial in many aspects like costs, electricity,

water and many more. Like wise the country wants to make the

awareness in many countries so it is planning to export it to the

countries like Zimbabwe, china & many more.

Features

1. Ability to attract the customers

Any company who launch the product in the market will have

intension in the mind that it should be of “Customer Oriented”

Far which it needs to do following things like Research &

Development, Survey & so on.

2. 90% water saving ability

In today’s era, the product along with normal feature & function

should also have some extra features which makes customer

4 International Business

Page 5: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

need to buy a product. Likewise, our product has the extra benefit

of “Saving water” which is an important factor in an organization

& also useful for the betterment of economy. Biggest advantage

of product is the “WATER SAVING”. save water, save life!!

3. Saves Electricity

In India, where daily in some states they face the problem of

power cut. For them it is beneficial. As it saves electricity & in

same way it is also benefits to other countries also who faces the

same problems.

4. Innovative

Due to improvement or drastic change in science & technology

made the world think innovative which is some thing very unique

which makes the product more better in market & it can also

helps in increasing the sales of the company & likely the

contribution to the economy.

5. Reasonable cost

The cost of the product suits the quality and the price

requirement of the customer. It is viable for all class of people.

6. Safer in use

The additional feature of the product is that it is safe to use but

leads to problem when it is used casually.

5 International Business

Page 6: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

7. Eco-Friendly

As our product saves water which is most important need of the

people and also saves time and less efforts are required to use it.

so it is said as Eco-Friendly.

Breakthrough technology

6 International Business

Page 7: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

Process

The machine consists of two drums—an inner drum

containing the clothes and the outer drum containing the beads.

During the wash both drums rotate, mixing the beads and clothes

together. At the end of the cycle, the outer drum stops rotating to

that the beads are spun out and captured by centrifugal force,

leaving the clothes behind.

Nearly 99.95% of the beads are caught using this method,

and a vacuum trap that is pulled out of the machine before

unloading captures the majority of the remaining beads. “Whilst

we are still at a relatively early stage of this development, we

have demonstrated that it is possible to develop a commercially

viable washing machine that is capable of delivering all the

benefits that Xeros expects from its revolutionary technology,”

says Nathan Wrench, programme manager at Cambridge

Consultants. Xeros aims to have a commercially viable product in

production by the end of 2010. The company’s first target will be

the commercial washing market, including hotels, care homes,

and high street washing outlets.

The tiny nylon polymer beads are designed to gently but

fully penetrate into a large wash load. Only a small amount of

water is required to dampen the garments, loosen stains and

7 International Business

Page 8: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

create the water vapour that activates the ''molecular magic'' of

the beads.

The beads are then tumbled with the clothes, allowing the

polarizing properties of polymer to attract and absorb dirt. Once

diffused into the bead itself, stains are locked away from the

garment, preventing re-deposition.455 million litres of water

daily, enough water to fill 145 Olympic size swimming pools.

Benefits

A. Cost Benefits

There are multiple ways that Xeros will save your money.

The dramatic water saving; reduction in electricity through

shorter cycles; using less detergent. Even with the extra cost of

the beads, we project Xeros has the potential to save up to 30%

of direct operating costs. On top, there is the indirect cost savings

of faster through-put, less effluent and no need to tumble dry.

Confirmed cost savings will be validated accurately when final

prototype machines are built and proven in actual commercial

laundry premises.

8 International Business

Page 9: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

B. Environment Benefits

Converting from conventional laundry systems will save

90% of the fresh water associated with washing. Take US

domestic washing as an example, that translates into 1.2 billion

tonnes of water saved per year, equivalent to 17 million

swimming pools.

Xeros reduces carbon foot print impact as well – up to 40%

saving if reduction in tumble drying is included .That’s because

far less electricity and detergent is required than conventional

systems. This calculation also includes the environment cost of

the Xeros nylon beads which will be recycled, never just thrown

away.

9 International Business

Page 10: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

Put another way, if all US homes converted to the Xeros

cleaning system, the reduction in carbon footprint is equivalent to

taking 5 million cars off American roads.

Import Procedure

Import means purchasing the goods from a country. The

following are the steps in case of importing the goods.

1) Obtaining License and Quota

Almost all the countries in the world regulate foreign trade. In

import trade the importer has to obtain import license from the

controller of importer. He will also be allotted the quota. The

government of India has adopted a very liberal policy for issuing

the import license. Due to international agreement like ‘dunkel’

India is heading towards free trade.

2) Obtaining Foreign Exchange

The importer has to make the payment to the exporter

either in his currency or in any other standard currency. For this

he approach the central bank. He has to make an application

under foreign exchange regulation act. (FERA) to release the

required currency.

10 International Business

Page 11: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

3) Placing an Indent

After obtaining the license quota and the foreign exchange

the importer places an order for the goods. The order can be

placed directly or through an indent firm or house. Indent firm or

house is a specialized agency that deals in import of goods. It is

better to place the order though the indent firm as it plays all the

responsibilities of importing the goods.

4) Dispatching Letter Of Credit

Then the importer obtains letter of credit from the bank &

sends to the exporter. Letter of credit is an undertaking or a

guarantee given by the bank that whenever a bill of exchange is

drawn on the importer it will be honored to the extend of the

value mentioned in it.

5) Execution Of Order

After receiving the letter of credit the exporter starts

executing the order. If he is a manufacturer he will start the

manufacturing work, if he is a trader he will start assembling the

goods, he has to invest into insurance policy, to make

arrangements for transporting the goods.

11 International Business

Page 12: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

6) Preparing Invoice

The exporter prepares a bill or the invoice giving details like

name & address of the importer & exporter, type of goods, value

of goods, quantity of goods, discount if any amount to be paid,

mode of payment etc.

7) Drawing Bill Of Exchange

The exporter draws a bill of exchange showing the net

amount to be paid by the importer. These are two types of bill of

exchanges. It could be D\P bill of exchange (documents on

payments) or it could be D\A bill of exchange (document on

acceptance).

8) Clearing Of Goods

Clearing of goods means taking the delivery of the goods

from the custom & port authorities. There are many formalities to

be fulfilled so the exporter generally appoints a clearing agent to

take the delivery of goods.

9) Payment

In the last the importer has to make the payment through a

bank draft or bill of exchange as per the terms & conditions laid

down.

12 International Business

Page 13: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

Export Procedure

Export means selling the goods outside the country. Export

procedure is lengthy & time consuming. Following are the steps

involved in export procedure.

1) Obtaining An Indent

Export procedure starts with an indent. An indent is a order

placed by the foreign buyer (importer) for the supply of certain

goods. In the order the importer specify type of goods quantitiy,

mode of payment, mode of delivery. Generally the exporter

appoints his agent of distributor to collect the order. If the terms

& conditions mentioned in the indent are favorable to the

exporter he accepts the order.

2) Obtaining License & Quota

The exporter ha to obtain license & quota of exporting the

goods. Govt. EXIM policy (export import policy) imposes certain

restrictions on the export trade. All types of goods are listed

whether controlled or uncontrolled. Mystery of commerce

announces the policy for license in case of controlled goods. But it

is easy to get license for the uncontrolled goods. For this the

exporter has to make an application Export Trade Control

13 International Business

Page 14: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

Authority. He gets license along with the quota is the quantity in

which he will supply the goods to the importer.

3) Obtaining letter of credit

After getting the license and quota the exporter has to

obtain letter of credit from the importer. This is required for the

safety and security of payments of the goods to be exported.

4) Completing foreign exchange formalities

As per FERA ecvery exporter has to make the declaration in

the prescribed form:-

a) The foreign currency earned through export will be disposed

in the manner and period specify by the central bank.

b) The license bank allowed to deal in foreign exchange will

make though negotiation of the shipping document.

c) The payment of the export will be approved method.

5) Preparation of export

After completing the foreign exchange formality the

exporter starts manufacturing and assembling of goods.he will

do packaging, packing and marking on the goods as per the

desire of the importer.he has to invest in the insurance

policy.he makes arrangement for free shipment inspection.he

has to secure ECGC for covering the credit risk.

14 International Business

Page 15: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

6) Arrangement of transportation

Then he makes the arrangement for transporting the goods

from his place to importers place. For this he has to contact the

shipping company to book a space in the ship.

7) Custom clearance: -

If the goods to be exported are excisablethen the exporter

has to get clearance from the custom authority.For this he

requires following documents:-

a) Shipping bill

b) Letter of credit

c) Original order of importer.

d) Commercial invoice

e) Certificate of valuation

f) Insurance delaration.

Then he has to obtain mates receipt and on the basis of

mates receipt.he will be issued bill of lading. For all this

purposes the exporter can appoint forwarding agent.

8) Dispatching document:-

15 International Business

Page 16: export and import procedure of innovative virtually waterless washing machine.

Virtually waterless washing machine

Then the exporter has to dispatch all the documents required

for securing the delivery of goods.

9) Drawing bill of exchange:-

Exporter draws a bill of exchange showing the net amount

payble by the importer. Bill of exchange could be D/P or D/A.

10) Realization of proceeds:-

for collecting the payment of the export the exporter has to

undergo various banking formality.a bill of exchange can be

drawn on importer or his bank this is as per FERA.

16 International Business


Top Related