“Supply Chain is like nature, it is all around us.” - Dave Waters
BSC-111 Mastering Incoterms®️ 2020
Schedule and Hours
Incoterms® are a set of rules which define the responsibilities and obligations of international sellers and buyers for the delivery of goods under sales contracts. Incoterms® are published by the International Chamber of Commerce (ICC) and are widely used in international commercial transactions. Incoterms® is short for International Commercial Terms. Incorrect use of Incoterms® may cause delays and additional costs if not understood. Certain rules will determine who is responsible for transportation, insurance, reporting the transaction to customs and much more.
Does your staff understand the “terms of sale” of your international transactions? It is critical to comprehend the seller and buyer’s rights and obligations with respect to the shipping or transportation of goods. Incoterms® may be used for both international and domestic transactions. Take our new Incoterms 2020 course to understand who is responsible for insurance and when transfer of risk moves from the Seller to the Buyer. Learn the different meaning between domestic and international terms.
Understand the true meaning of Incoterms and their importance to the effective execution of global supply chain
Know how to identify your company's risks and responsibilities associated with the international movement of goods
Be able to accurately calculate landed costs for import transactions
Effectively capture all costs associated with an export sale
Enhance your personal value to the organisation through the tactical application of Incoterms
Trade Terms for Domestic and International Transactions
Incoterms® 2020 Product Transportation and Risk of Loss (Incoterms® Rules Compared)
Buyers & Production Planners
Order Management Staffs
International Sales People
This is a 1-day programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.