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Effective Incoterms® - Half Day
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Effective Incoterms® - Half Day

Incoterms comprise some of the most widely used but most misunderstood aspects within international trade; they can impact on a number of areas, including sales, accounts, shipping, operations, compliance & customer service. If used correctly, they can avoid uncertainty, minimise delay, facilitate smooth operations, transport & payment. Agreeing to use a term without understanding the full implications for your business, can result in unexpected costs, obligations & delays.

23/02/2017
When: 09:45
Where: Imperial Hotel
61 - 66 Russell Square
London, London  WC1B 5BB
United Kingdom
Contact: IOEx Training
01733 404400


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 Session  Starts  Ends
AM Session  10:30am 12:30pm 
PM Session  1:30pm  3:30pm

 

Course Outline

This half day course is intended to provide a comprehensive overview of the purposes, meaning and correct use of Incoterms® 2010, enabling staff in all departments, and at all levels. To use Incoterms® effectively and with confidence.


The course is designed to enable participants to:

  • Understand the functions and significance of Incoterms® 2010.

  • Understand the features, obligations and responsibilities for each of the 11 terms within Incoterms® 2010.

  • Choose the most suitable Incoterm® for any transaction,

  • Avoid pitfalls and problems from use of unsuitable terms

  • Understand when and how to Use Incoterms® 2010 effectively.

Content:

  • What are Incoterms®?

    • History, overview,

  • Functions of Incoterms®

    • What they do, what they don’t do, Why do we need to use them?

  • The Incoterms® explained,

    • Obligations & responsibilities of each party (cost, risk, documentary,)

  • Using Incoterms® effectively

    • Using the correct Incoterm®,

    • When & how to use Incoterms®

  • Case studies, exercises & examples.

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