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.

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

• Indirect and direct importing

• Role of Clearing an Agent

• Evaluations of risks - Supplier Due Diligence

• Processing an import order - the contract of sale

• Key documentation

• The role of HM customs

• Import Duties

• Import VAT

• Import Landed Cost Calculation   
  • Valuation Methods for Imports

• Tariff Codes - HS / CN / TARIC

• The Import Process   
  • CPC Codes - A brief explanation of what they are
  • SAD C88 Form - An overview

• 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

   

   

Member price - £299 + VAT

Non-member price - £399 + VAT