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Introduction to Importing
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Our An Introduction to Importing seminar will offer practical guidance to prospective and existing importers by considering the basic procedures, terminology and documentation involved in importing. It will give an overview of the entire importing process including supplier selection, evaluation of risks, supply chain, terms of delivery, methods of payment, selection of clearing agent, duty and excise and the role of UK customs.

 Export to Your Calendar 11/10/2018
When: 09:45
Where: Map this event »
Arthur J Gallagher Offices
The Gambitt Room, The Walbrook Building
25 Walbrook
London, London  EC4N 8AW
United Kingdom
Contact: IOEx Training
01733 404400


Online registration is available until: 11/10/2018
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Overview

Suppliers around the world offer a wide variety of goods that might suit your business. You might be able to find lower-priced supplies, giving you a competitive edge, or new supplies that allow you to sell a completely different product. Just as when you buy within the UK, it's important to find good suppliers, make sure they offer what you want and negotiate the right deal.

Importing can also present complications, such as managing long-distance relationships and organising international transport and customs clearance. Common pitfalls can cause importers to incur unnecessary costs and delays in arrival of goods. Successful importing requires an understanding of customs rules and procedures as well as the duty and excise relief available.

This one-day seminar will consider the basic procedures, terminology and documentation involved in importing. It will give an overview of the entire importing process including supplier selection, evaluation of risks, supply chain, terms of delivery, methods of payment, selection of clearing agent, duty and excise and the role of UK customs.

  

Learning outcomes

  • Background to importing
    • Balance of Trade
    • Primary and secondary imports
  • Indirect and direct importing - Merchants, agents and distributors
  • Organising importing
  • Role of Clearing an Agent
  • Evaluations of risks - Supplier Due Diligence
  • Processing an import order - The contract of sale
  • Consignment documentation
  • The role of HM customs
  • Import Duties
  • Import VAT
  • Tariff Codes - HS / CN / TARIC
  • Working with Freight Forwarders
  • CPC Codes
  • SAD C88 Form
  • Union Customs Code
  • Import Landed Cost Calculation   
    • Valuation Methods for Imports

 

  • BREXIT impact on imports
  • Incoterms - Application and impact on imports

 

Who should attend

This course is most suitable for new importers or people working in import but never had official training. The departments within a business that this course would apply to are:

  • Customer Services
  • Shipping
  • Purchasing
  • Accounts and Finance
  • Import Administration
  • Logistics
  • Production Planning
  • Technical Support
  • Quality and Standards
  • Repairs
  • Distribution

 

Location

The training course will take place at the offices of Arthur J Gallagher: The Gambitt Room, The Walbrook Building, 25 Walbrook, London EC4N 8AW.

Walbrook Building

Arthur J Gallagher logo

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