ICC Incoterms 2010

ICC Incoterms 2010

 

Date & Location: (08-12/Jan) Amman – ( 19-23/Mar) Istanbul – ( 22-26/Oct) Kuala Lumpur


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Course Overview

Introduction:

Incoterms training is essential as it protects companies during contractual disputes. Find out why ExWorks is a dangerous term and how businesses go wrong with buying or selling under DDP. This training course is a must for anyone involved in international trade. Ideal for both beginners and experienced professional who just want to up-date themselves on the new terms Incoterms 2010 the current rules which have been in force since January 2011.  FCA, DAP, DAT, etc these are just 3 of the current 11 terms used internationally to determine buyers and sellers risks and responsibilities in international contracts. Failure to use them correctly puts your company at risk – and this is especially true of companies training under ExWorks or DDP terms.

 

Program Objectives:

  • Apply the technical aspects of shipping infectious substances by air
  • Review the current Infectious Substances Shipping Guidelines based on the latest IATA Dangerous Goods Regulations Manual
  • Use our step-by step workbook with the current Infectious Substances Shipping Guidelines publication
  • Promote safe and efficient handling practices in the workplace
  • Facilitate shipments by ensuring compliance

 

 

Who Should Attend?

This course is recommended for:

Shipping personnel, freight forwarder, banker, trader, importer/exporter, businessman, and those keen in upgrading their knowledge in international trade.

 

Course Outline:

Day 1

  • WHAT ARE INCOTERMS?
  • 80 YEARS OF INCOTERMS USE
  • A short review of the history and development of Incoterms ® since their inception in 1936, why they were revised in 2010

 

Day 2

  • WHAT THE INCOTERMS RULES DO
  • PRACTICE AND THEORY
  • Incoterms at work –“use and abuse”.
  • The four groups and the eleven terms examined in respect of delivery, division of costs, risks and obligations etc.

 

Day 3

  • Incoterms and modes of transport – the conventional sea freight factor
  • Common misunderstandings examined and eliminated
  • Legal implications of the terms and implications of misusing a term

 

Day 4

  • Risk – who is responsible if the goods are lost or damaged – how does this affect insurance policies
  • PUTTING INCOTERMS INTO PRACTICE o Import and Export Policy: some general advice and conclusions. What to do with the new “D” Terms.

 

Day 5

  • SALES – PROCUREMENT – LOGISTICS – The different viewpoints – how to achieve harmony and come to an agreed Incoterms policy – effects on the business and how to make them visible
  • OLD INCOTERMS: What do we do now? Examines old Incoterms, eg FOT, DDU and the old American use of shipping terms