Why take this accelerated Incoterms® training?
The Incoterms® were updated on January 1 this year. It’s crucial for exporters to keep abreast of these changes, which take place every 10 years. That way, they can be sure to use the terms properly in order to stay competitive and minimize risk.
Take part in this 1.5-hour virtual training session to learn about the changes made to the Incoterms® and their consequences on your contracts and international development.
About Incoterms®:
Incoterms® are a set of international commercial terms that spell out the rules used in international and domestic trade. They prevent confusion in trade contracts and agreements and protect buyers and sellers by clarifying their obligations.
This accelerated training will help you:
- Understand the impact of Incoterms® on contracts and the transfer of ownership
- Master their structure, purpose, and key pitfalls to avoid
- Distinguish what is and isn’t covered by Incoterms®
- Identify the main changes between the 2010 and 2020 versions
- Clarify the seller's and buyer’s responsibilities under each rule
- Assess the implications for export and import customs procedures
- Recognize the differences between American trade terms and international Incoterms®
- Understand how Incoterms® affect risk management, accounting rules, and payment terms
Who is this accelerated training session for?
- Managers, executives and financial analysts;
- Procurement managers and heads;
- Operations managers and heads;
- Sales managers and heads;
- Business development managers and heads;
- Managers and heads of transport, export and import activities.