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Incoterms: The Essentials
Used correctly, Incoterms can help manage the risk involved in trading internationally. This 2-hour course takes traders through strategic ways to use them in international contracts to ensure satisfactory overseas sales.
Course running dates:
9th July 2024
Time:
09:30 - 11:30
Price:
£160 +VAT
Who is responsible for arranging and paying for the transport?
Who is responsible for completing the different customs formalities?
Who bears the risk if something goes wrong while the goods are being moved?
Incoterms, if used correctly, will answer all of these questions. Through this Masterclass we will ensure that you have the knowledge needed to apply Incoterms confidently and to the benefit of your business.
Course Content
Incoterms - Overview
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What are Incoterms?
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Why are they important?
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What do Incoterms cover?
The 11 Incoterms
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Overview of each Incoterms
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Taking a look at some of the potential pitfalls for businesses
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What you need to consider when deciding which Incoterm to use
Common Mistakes
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What can go wrong if you use the wrong Incoterm?
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Key considerations
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How you should implement the chosen Incoterm in your commercial invoice
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