Trade shipping terms / International Commercial Terms (Incoterms® 2020).
- Course DurationTo be confirmed
- Start DateTo be confirmed
- Delivery MethodFace-to-face
Overview
You'll get the knowledge on how do the rules define the shipping obligations of the buyer and seller, what are the features of the latest Incoterms® 2020 rules, how are the risks apportioned between the parties involved in a trade, which are the most appropriate terms to be used while contracting a sale, what are the documentary obligations implied by Incoterms.
Who Should Attend?
1.Sales and Purchasing
Sales Managers, Purchasing Managers
2. Logistics and Shipping
Logistics Managers, Shipping Coordinators
3. Finance Personnel
Chief Financial Officer (CFO), Finance Analysts, Treasury Managers
4. Trade Finance Specialists
Trade Finance Managers, Trade Finance Analysts
5. Corporates
International Business Units, Import/Export Departments
6. Entrepreneurs
Startup Founders and Business Owners,
7. Compliance and Regulatory Affairs
Compliance Officers
8. Human Resources
Global Mobility Managers, International HR Specialists
9. Training and Development
Training Managers
Course Outcome
The course will enable to avoid potential glitches that can arise in commercial agreements between exporters and importers while trading locally and internationally. It provides a useful checklist for buyers and sellers and it a framework for avoiding disputes that typically happen in international trade.
Course Outline
- What is shipping term/international commercial terms
- Advantages and disadvantages of using the correct terms while contracting a trade sale/deal.
- Categorizing the main grouping of the 11 terms available, i.e., by sea/water-way, by other obligatory modes, and delivery options.
- Positioning the comprehensive terms for shipments via air, sea, and ground
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