Paper Example Masters 626 words

Rolex watches: history, design, and market significance

Last reviewed: April 14, 2012 ~4 min read

¶ … product export procedure from the United States. It highlights the process from the factory to the departure point including issues such as Picture of the airport, details of the shipping, flight, trucking, or rail schedule. Including warehousing issues as well as time delays, bottlenecks and export issues involved in exporting the product

Export Procedure of Rolex Watches

The manufactured watches from the factory are packed in boxes that look like miniature vaults. This is special packaging for high-end luxury watches, which have hydraulic opening mechanism. It works with hydraulic power activated with the opening of the cover made of steel and plexiglass. The miniature vaults are packed in wooden boxes. These wooden boxes function as secondary packaging and contain 24 pieces of the miniature boxes. The secondary packaging measure 3 feet by 2 feet with a height of 6 inches.

The watches are transported to a vault in down town Indianapolis as a warehouse. This huge vault can hold 20 wooden packaging of the watches. Programmable logic controllers and computers run logistics automation software that coordinates the warehousing system.

The warehouse is cautiously under tight security and accessed four times in a week, twice for delivery and twice for pickup. The pickup from the warehouse is done on Mondays and Wednesdays between 9 am and 11 am.

United Parcel Services ships 10 boxes twice a week for the Australian market. They pick up the watches from the secured warehouse in Indianapolis. For the pickup, they provide shipping labels for each packaging as well as tracking numbers. The UPS require information on the pickup address and contact person details. UPS requires the service and package information including the number of packages and the weight of each package. The advantage of this service is that they are flexible on pick up time. The shipment is a 1 to 2 days worldwide express service to Sidney Australia. The shipment status is available online by using the tracking number provided by the shipping company. This is a full service that include freight, insurance, as well as clearing of the goods in the destination country.

Customs in the destination country require a Certificate of Origin for goods that listed under preferential terms by the United States - Australia Free Trade Agreement (AUSFTA). The products must originate from the U.S. UPS require that a scanned copy be given to them for this purpose.

Australian Customs require evidence of Money Price Paid (EMPP) for unrealistic information of the shipped package. For instance, a shipment with 4 packages of printed advertising material that weighs 80 pounds and costs $65.00 AUD. If this material is offered free of charge, the import documentation must declare the actual cost of the goods in the country of origin.

This is a picture of ready to ship cargo containing Rolex watches from Indianapolis Airport to Sidney Australia.

There are few bottlenecks and delays affecting the efficient shipment of the products to the international market. These delays reduce profits and customers attitude towards the products. Some of the difficulties experienced in the weekly activities include:

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PaperDue. (2012). Rolex watches: history, design, and market significance. PaperDue. https://paperdue.com/essay/rolex-watches-112830

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