Understanding Incoterms 2020
Why attend this course
The course is suitable for those working in an Export environment and have some knowledge of Incoterms. This could be from previously attending the understanding Exporting course where Incoterms would have first been introduced.
Although it would benefit the delegate to have sat previous International trade courses previously, it is not vital, delegates will be accepted with no previous training.
It would also suit those who are looking to investigate if their current Incoterms are suitable and explore the option of using other terms.
Course content & agenda
The course will provide an overview of the changes that have taken place between the previous 2010 Incoterms to the new 2020 terms.
It will also provide a guide on the obligations and costs to the buyer and seller during a sale to include when risk passes during the transaction from seller to buyer.
- What are Incoterms?
- The history of Incoterms
- An explanation of the Incoterms including what they ‘do’ and ‘don’t do’
- Understand and discuss what documentation they apply to
- Review each 2020 Incoterm in detail
- Understand the risks, costs, and obligations for both buyer and seller
- The main changes from Incoterms 2010
- To be able to correctly classify shipments to reflect the mode of transport and be appropriate for the goods
Want to further enhance your knowledge and skills for effective international trade?
This course is part of our British Chamber (BCC) accredited course collection. All attendees have the opportunity to work towards gaining the Foundation Award in International trade – a nationally recognised qualification gained from completing six BCC accredited modules of training.
How to book
To book a training course through the website, click ‘log in’ at the top of the page. Log in to our website or set yourself up an account in seconds. Once you are logged in, click the ‘book now’ button. Alternatively, email [email protected] to book your training course place and receive an invoice.
LOOKING FOR A TAILORED TRAINING COURSE?
If you are interested in working with us to create quality course content for your bespoke business requirements, our team are experienced in crafting tailored training delivery programmes to meet your specific needs. Contact us to discuss how we would develop this with you. Email [email protected]
T&Cs
*Any cancellations must be confirmed via email to [email protected] and must be given within 5 working days clear of the original event date. For any cancellations given less than 5 working days before the event, fees will not be refunded. This also counts for non-attendance. If the course is due to run again in the future, delegates can opt to transfer to the next available date. A £50 fee will still be issued to cover the costs already incurred.
*Please note, the aim is always to finish at the time provided above, but please allow extra time depending on how many delegates are on the course, as there may be more questions for the trainer to answer.
