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Incoterms training

Incoterms® 2020 – Advanced course

R4,250.00

Get an in-depth understanding of Incoterms® 2020, and how to use Incoterms in your import and export sales contracts.

They say knowledge is the best deterrent to nasty (and expensive) surprises. Understanding how Incoterms affect your risk, cost and responsibility in an import or export can save you a world of trouble and money in the long run.

Learning outcomes from this Incoterms training course:

  • Understanding the underlying structure and meaning of the Incoterms® 2020 rules.
  • Assessing which Incoterms rules are best suited to your sales contracts and business model.
  • Comparing the costs, risks and responsibilities of various Incoterms to make the best possible profit on imports and exports.
  • Avoiding supply chain and payment pitfalls associated with using an unsuitable Incoterm.
  • Correctly writing an Incoterm into a sales agreement to be legally binding.

 

Categories: All Courses, Online Training Tags: export, freight, import, incoterms, online training
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Description

An in-depth look at Incoterms® 2020, and how to use Incoterms in your import and export sales contracts.

Ideal for new traders with no prior knowledge of Incoterms, and seasoned traders who want a better understanding of Incoterms.

This Incoterms training course covers:

  • An overview of the Incoterms® 2020 rules according to the ICC structure
  • A drill-down of the advantages and disadvantages of each Incoterms rule
  • Explanations of technical trade terms related to Incoterms
  • Pitfalls to avoid in using each Incoterm
  • How Incoterms integrate with various forms of international payment
  • Practical steps for choosing the best Incoterms for your sales contracts
  • Practical steps for quoting using Incoterms
  • Practical steps for writing an Incoterm into a sales agreement
  • The various documents of trade and, based on Incoterms, which party must supply them

Included in the course:

  • Real classroom footage of Incoterms® 2020 training by an industry expert.
  • Excerpts and case studies based on real international sales contracts.
  • Resources and notes to download and use for the purpose of future imports and exports.
  • An online assessment consisting of 25 questions.

Duration: 

Course takes approximately 2 days to complete in one sitting. Sign-ups have access to all course material for 12 months and can access and complete at their own pace at any point during this time.

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