The misuse of these terms can lead to delays, penalties, problems with payment and more. This half day seminar will explain Incoterms® and their importance in international trade contracts.
This course covers import documentation and procedures, commercial considerations, the importance of your purchase order, calculating VAT and duty, and how to reduce import customs clearance delays.
International markets offer huge Export opportunities for UK businesses. Finding and developing new markets for products is a hugely valuable avenue for expansion and in some sectors in particular, global demand for British brands and products makes international trade an excellent means of growth.
This module aims to develop knowledge and understanding of the exporting process used in international trade from novice to practitioner. It includes documentation, incoterms, responsibilities of an exporter, commodity codes, origin and duties and taxes.
This module aims to develop knowledge and practical skills in Import/Export Customs Diagnostic enabling the learner to create a procedural manual to complete international trade operations.
Level 4 Endorsed Diploma - International Trade Qualification Complete all 15 modules and 3 assessments, from a choice of 7 to earn a Level 4 Diploma in International Trade.
This course looks at the key processes in supply chains and how they interact; the most common supply chain terms and how they are utilised to describe supply chain activities. It will cover the definitions of transport modes and how to select the most appropriate one; the role of logistics partners in the extended supply chain and the definition and use of Incoterms. PARTICIPANTS WILL LEARN HOW TO: Explain the term “Supply Chain” Define main activities in Transport & Freight Management Describe the key principles of Warehousing Interpret INCOTERMS COURSE TOPICS INCLUDE: Freight terminology & global trade terminology Warehouse, logistics and transport operations Transport modes Parties involved in international shipments INCOTERMS Freight calculations