Incoterms® 2010 training course for exporters and importers
How can your business work efficiently and safely within the commercial terms (‘Incoterms ® 2010 ’) defined by the International Chamber of Commerce?
Our informative and enjoyable Incoterms training course can be delivered at your premises and is suitable for anyone working in international trade – from industry newcomers to experienced importers or exporters. Banks and financiers also need to understand the Incoterms rules as fulfilment of delivery obligations is a vital consideration when financing trade transactions.
Our Incoterms ® 2010 training course equates to 7 hours of CPD activity with certification and will explain all aspects of the topic including the following FAQs:
What are the Incoterms ® 2010 rules?
How do the Incoterms rules affect my business?
What does my company need to know about Incoterms?
How will Incoterms affect my overseas trade?
The Incoterms training will also provide:
A clear understanding of how Incoterms map out the tasks, costs and risks involved in the delivery of goods from sellers to buyers.
A practical guide to correctly applying Incoterms rules to your global sales and purchasing activities
The chance to work on your own firm’s needs, in groups or individually.
The following topics are covered:
Introduction and background to Incoterms ® 2010
Functionality of the Incoterms ® rules
What changed in Incoterms ® 2010?
Classifications and groups
– Rules for any mode or modes of transport
– Rules for sea and inland waterway transport
The 11 rules in detail
– Division of costs, risks and obligations between seller and buyer
– The issues of risk and insurance
– Case studies – seller and buyer perspectives.
Commonly misused terms and how to avoid the consequences
– Why EXW is inappropriate for international shipments
– Is your company taking risks by using FOB, CFR or CIF?
Putting the Incoterms ® 2010 rules into practice
– Understanding cost obligations and pricing
– Using the Incoterms ® 2010 rules with Letters of Credit
– Selecting the appropriate Incoterms® rule
– Mapping the transfer of cost, risk and obligations
– Incoterms ® 2010 Quiz
All delegates will receive a comprehensive set of course materials including an illustrated guide, case studies and exercises.
Please call or email us so we can learn more about your Incoterms training requirements.
We provide Incoterms training courses across the UK including London, Manchester, Surrey, Glasgow and Nottingham.
We also deliver Incoterms training courses for companies across Europe including Netherlands, Sweden, Norway, Austria, Poland and Italy.
We can help you
Call us on +44 (0)800 043 4052, complete our contact form or email us to discuss your requirements.