INCOTERMS and International Transactions
THIS COURSE IS MEANT FOR
Foreign Trade Area, Importers and Exporters, Trade and Logistics Staff, Customs Department, Legal Department Executives.
OBJECTIVE
- The participant will learn to correctly use the most updated INCOTERMS (2010) version, besides of having techniques to optimize his/her international supply chain, and minimizing its risks. He / She will learn to write the most important clauses in an international trading contract, and selecting the transportation insurance according to specific needs.
- Also, he/she will get tools to calculate his/her products comprehensive cost, and/or foreign supplies. That way, he/she will be able to make the best decisions according to their chain supply.
TOPICS
I. INTRODUCTION
II. FOREIGN TRADE LOGISTICS CHAIN
III. WHAT ARE INCOTERMS?
IV. INCOTERMS AANTEDECENTS
V. WHY ARE INCOTERMS IMPORTANT?
VI. WHAT KINDS OF ISSUES ARE SOLVED BY INCOTERMS?
VII. INCOTERMS CONTRACTUAL ASPECTS
VIII. HOW TO SELECT THE CORRECT INCOTERM?
IX. TRANSFERRING RISKS AND MERCHANDISE RELATIVE COSTS
X. 2010 VERSUS VERSION
XI. INCOTERMS 2010 CLASSIFICATION IN GROUPS:
A. Groups E and F
B. Group C
C. Group D
XII. INCOTERMS 2010 CLASSIFICATION ACCORDING TRASNPORTATION MEANS
A. Multimodal Incoterms
B. Nautical Incoterms
XIII. INCOTERMS 2010 CLASSIFICATION; ITS CORRECT USAGE
A. Practical Description for each of the 11 Terms
XIV. INTERNATIONAL TRADING CONTRACTS
XV. INTERNATIONAL TRANSACTIONS INSURANCE CONTRACT
XVI. PURCHASING IN MEXICO VS. IMPORTING? HOW TO DETERMINE MY SUPPLIES COMPREHENSIVE COST?
A. Techniques Using INCOTERMS as a base to calculate International Prices and Quoting
XVII. PRACTICE EXERCISES
BENEFITS
Registration in STPS (WCC1008026U2-0013)
