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.
- 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
- Consignment documentation
- Tariff Codes - HS / CN / TARIC
- Import Landed Cost Calculation
- Valuation Methods for 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
- Accounts and Finance
- Import Administration
- Production Planning
- Technical Support
- Quality and Standards
Member price - £299 + VAT
Non-member price - £399 + VAT
Join the Institute from as little as £65 and save over £100 on your training course!
Continuing Professional Development (CPD)
This course is CPD certified - 10 points
Before booking please make sure you read our training course terms and conditions. Booking a place on one of our training courses implies acceptance of these terms.
Dates and locations
To discuss our training courses:
Call +44 (0)1733 404400