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Learn Incoterms®2020 to solve the confusions in Exports/Imports Logistics, Logistics Management, Supply Chain Management

What you will learn

Understanding different modes of International Transport and Logistics.

Task Involved in Supply Chain of Goods from one country to another.

Import Export Rules for smooth movement of Cargo.

Learn the Incoterms ® 2020 and understand the best suited as a Exporter, Importer and Traders

Cargo Insurance a Tool for Risk Management in Logistics and Supply Chain Management.

The Importance of Incoterms ® 2020 in Shipping , Transportation, Logistics, Trade and Commerce.

Common Misconception in Procurement, Supply chain and Logistics Managers related to INCOTERMS.

Effect of INCOTERMS on cargo value i.e Invoice value of the Cargo.

Latest Incoterms ® 2020 rules

Does and Don’ts of Incoterms ® 2020

EXW ,FCA ,FAS ,FOB ,CFR ,CIF ,CPT ,CIP ,DDP ,DAP ,DPU Incoterms ® in Detail


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Remedies and Passing of Property & Risk in International Trade.

Understanding Freight Prepaid and Freight Collect for Payment method.

Importance of INCOTERMS in transportation and logistics

Description

This course will help you understand INTERNATIONAL COMMERCIAL TERMS (Logistics Flow , Role of Incoterms in Logistics, Supply Chain, Transportation and Export Import, Understanding International Trade terms from scratch (no prior accounting, finance, Logistics and Supply Chain Management experience is required).

After taking this course you will understand how to create a best deal, analyze and forecast the best set of rules for negotiation as an exporter and importer or as a freight forwarding agent to a supply chain company and make smart decisions as a Logistics and Supply Chain.

By the end of this course you will also know how to negotiate on the task performed by an exporter and importer in managing Logistics and Supply Chain.

By the end of this course you will also know how to Important it is to for you as a Supply Chain Manager, Logistics Manager or Export Import Company to Insure your Cargo as Risk Management is the key function in Logistics and Supply Chain Management.

As Supply Chain and Logistics are the most in demand when its a Pandemic or a Catastrophe the Demand for Supply Chain Managers and Logistics managers has grown largely in last decade due to digitalization every company requires a Supply Chain or a Logistics Manager to manage their Inventory. Logistics, Supply Chain and Shipping go hand in hand.

Lastly, I am teaching this course in a much more visual and entertaining way; I hope you enjoy the course as I always use an ‘edutainment’ and visualization teaching approach to make complex and Important topics like INCOTERMS simple/easy to understand with more and more pictures being used to tickle your brain and help you succeed as a Supply Chain and Logistics  Manager.

Thanks

English
language

Content

What are Incoterms in Supply Chain and Export Import Movement of Goods

What are Incoterms in Supply Chain and Export Import Movement of Goods
Functions of Incoterms in Logistics, Supply Chain, Export and Import

Tasks Involved in Logistics and Shipping part of Supply Chain

Tasks Involved in Logistics and Shipping part of Supply Chain
Logistics Flow in Export Import Supply Chain

Cargo Insurance Supply Chain Risk Management Tool

Cargo Insurance Supply Chain Risk Management Tool

INCOTERMS(International Commerce Terms 2020)

Freight Prepaid Vs Freight Collect
EXW – Ex Works (Place of Delivery) – Incoterms 2020
FCA – Free Carrier (Place of Delivery) – Incoterms 2020
FAS – Free Alongside Ship (Port of Shipment) – Incoterms 2020
FOB – Free on Board (Port of Shipment) – Incoterms 2020
CFR – Cost and Freight (named port of destination) – Incoterms 2020
CIF – Cost, Insurance and Freight paid to (Port of Destination) – Incoterms 2020
CIP – Carriage and Insurance paid to (Place of Destination) – Incoterms 2020
CPT – Carriage paid to (Place of Destination) – Incoterms 2020
DAP – Delivery at (Place of Destination) – Incoterms 2020
DPU – Delivery at Place Unloaded (Place of Destination) – Incoterms 2020
DDP – Delivery Duty Paid (Place of Destination) – Incoterms 2020