INCOTERMS®: Transportation Importation & Logistic management

INCOTERMS®: Transportation Importation & Logistic management, available at $39.99, has an average rating of 4.3, with 14 lectures, based on 66 reviews, and has 411 subscribers.

You will learn about What international commercial terms are Why incoterms What incoterms rules don’t do How to you use incoterms rules Duties of the parties involved This course is ideal for individuals who are Supply chain / inventory / logistics planner or Business students or Business persons or Procurement / purchasing executive or Supply chain / inventory / logistics analyst or Procurement specialist or MBA Students or Contract officer It is particularly useful for Supply chain / inventory / logistics planner or Business students or Business persons or Procurement / purchasing executive or Supply chain / inventory / logistics analyst or Procurement specialist or MBA Students or Contract officer.

Enroll now: INCOTERMS®: Transportation Importation & Logistic management

Summary

Title: INCOTERMS®: Transportation Importation & Logistic management

Price: $39.99

Average Rating: 4.3

Number of Lectures: 14

Number of Published Lectures: 14

Number of Curriculum Items: 14

Number of Published Curriculum Objects: 14

Original Price: $49.99

Quality Status: approved

Status: Live

What You Will Learn

What international commercial terms are
Why incoterms
What incoterms rules don’t do
How to you use incoterms rules
Duties of the parties involved

Who Should Attend

Supply chain / inventory / logistics planner
Business students
Business persons
Procurement / purchasing executive
Supply chain / inventory / logistics analyst
Procurement specialist
MBA Students
Contract officer

Target Audiences

Supply chain / inventory / logistics planner
Business students
Business persons
Procurement / purchasing executive
Supply chain / inventory / logistics analyst
Procurement specialist
MBA Students
Contract officer

Guide to International Commercial Terms In International Trade

In the international sale of goods, there is a customary usage of special trade terms.

The problem with these terms is that they end up having different meaning in different countries with respect to obligation of the seller and the buyer.

In an effort to help avoid misunderstanding between the parties to these contracts as well as promote uniformity in law, the International Chamber of Commerce (ICC) has published INCOTERMS®.

Contracts for the international sale of goods should indicate the terms of sale, preferable with one of the 11 incoterms.

Remember incoterms are only applicable in contracts of international sale of goods if the parties have incorporated then into their contracts.

Sales contracts involving goods that are not shipped under negotiable marine bill of lading should also specify when (time and place) and/or how ownership passes from seller to buyer

Is it possible to conduct international transactions without all these?

Often international transactions are conducted without the benefit of an international sales contract.

What happens is, the seller provides a quotation (which can be in the form of pro-forma invoice), the buyer responds to this with a purchase order.

In most cases this is sufficient to end up with repeat sales between the parties who are well acquainted and have developed a basis for their dealings.

The problem with this arrangement is that when problems in the form of unanticipated disputes occur, the parties get stuck. Hence the need for incoterms

Course Curriculum

Chapter 1: INTRODUCTION

Lecture 1: Introduction to international buying and selling

Lecture 2: Introduction INTERNATIONAL COMMERCIAL TERMS

Lecture 3: UNDERSTANDING INCOTERMS PDF

Chapter 2: THE TERMS THAT CAN BE USED FOR ANY MODE(S) OF TRANSPORT

Lecture 1: How to use EXW -Ex Works

Lecture 2: Understanding FCA -Free Carrier

Lecture 3: CPT -Carriage Paid To

Lecture 4: The CIP -Carriage And Insurance Paid To term

Lecture 5: DAT -Delivery At Terminal

Lecture 6: DAP -Delivered At Place

Lecture 7: DDP -Delivered Duty Paid

Chapter 3: THE INCOTERMS THAT APPLY TO SEA AND INLAND WATERWAY TRANSPORT

Lecture 1: What is FAS -Free Alongside Ship

Lecture 2: Using FOB -Free On Board

Lecture 3: CFR -Cost and Freight

Lecture 4: CIF -Cost, Insurance and Freight

Instructors

Moses Manuel
Lecturer |ENTREPRENEUR |host of Zerite Network (Youtube)

Rating Distribution

1 stars: 2 votes
2 stars: 2 votes
3 stars: 19 votes
4 stars: 19 votes
5 stars: 24 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

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Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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