Mastering Incoterms in Import and Export

Course Objectives

Understanding the provisions and resolutions of Incoterms 2010
Learning the contractual and operational constraints of Incoterms
Managing the risks and costs in the Incoterms distribution chain
Anticipating the forth coming changes of 2020 Incoterms

Target Audience

Highly recommended for managers, executives in the department of
Finance, Costing, Planning, Logistics, Shipping, Procurement, Marketing.

Methodology

A seminar based workshop with assignments and group interactive
activities. Reinforcement of learning points from case reference.

Course Modules

Module1: Overview of Incoterms implied undertakings and dispute factors
Module2: Understanding the contractual and volatile scope of Incoterms
Module3: Familiarizing the major terminologies of Incoterms and shipping
Module4: Categorizing the main grouping of the 11 Incoterms usage
Module5: Positioning the aggregate terms into Air, Sea, Ground execution
Module6: Plotting the costs and risks lines between seller and buyer
Module7: The 2010 ruling of Chain of Custody and String Sales transaction
Module8: The 2010 ruling of control and compliance factors provisions
Module9: Negotiation competency between principals and related parties
Module10: Logistics efficiency and effectiveness in the execution chain