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Incoterms (pm)

Date January 23, 2020 Location Hull & Humber Chamber of Commerce
Incoterms (pm)

Incoterms (International Commercial Terms) comprise some of the most widely used, but most misunderstood aspects within international trade; they can impact on a number of areas of a company’s operations, including sales, accounts, operations, compliance and customer service.

At the beginning of 2020 we will see the introduction of the latest version of Incoterms known as Incoterms 2020.

Since the UK’s referendum in 2016 to stay or leave the EU, there has been an increase in companies wanting to understand more about import and export processes. Even so, Incoterms is still one area that is most widely but one of the most misunderstood.

If used correctly, Incoterms can avoid uncertainty, minimise delay and facilitate smooth operations, transport and payment. If you agree to use a term without understanding the full implications for your business, it can result in unexpected costs, obligations and delays.

COURSE PROGRAMME:

What are Incoterms?

What are the changes from the 2010 version to the new 2020 version?

What are the benefits of using Incoterms for both the buyer and seller?

Explanation of the risk and responsibility for the buyer and seller

The obligations for both the buyer and seller

Explanation of each term, outlining the pros and cons of each

The commercial implications of using Incoterms

The correct application for the correct mode of transport

Issues that can be avoided by understanding how to use the terms

COURSE OUTCOME: At the end of the course, delegates will have sufficient knowledge to be able to understand the responsibilities and additional costs of international trade with absolute confidence and so optimise the profitability of any international sales agreement.

WHO SHOULD ATTEND? The course is designed for staff responsible for international sales negotiations and those involved in the production of export quotations. It would also be of value to staff newly appointed to an export role.

This course is accredited by the British Chambers of Commerce and upon completion of a written revision paper, delegates will receive a BCC accredited certificate, subject to a pass mark of 50%, plus one credit towards the Foundation Award in International Trade. You will need to achieve 6 credits to be awarded with the Foundation Award, a nationally recognised qualification.

To book on to this course, please click below or contact Lorraine Holt at l.holt@hull-humber-chamber.co.uk

CANCELLATION TERMS: Please note that cancellations less than 14 days before the date of the course are non-refundable.  The cancellation must be in writing and sent to l.holt@hull-humber-chamber.co.uk indicating the name of the course you are cancelling for and delegate(s) details. If a booking is not cancelled and the delegate does not attend, full event costs will still apply.

Agenda

Non-Chamber Member
Category
Start Time
End Time
Price (ex. VAT)
International Trade
13:00
15:30
£165.00
Chamber Member
Category
Start Time
End Time
Price (ex. VAT)
International Trade
13:00
15:30
£140.00

Click BOOK NOW below to choose and book the events you wish to attend.

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The deadline for bookings is January 16, 2020 10:30.

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