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Incoterms: The Essentials
29 February 2024
Online
£380 +VAT
09:30 - 12:30
Incoterms: The Essentials
Incoterms are inseparable with international trade. Used correctly, they can help manage and mitigate the risks involved in buying and selling internationally. If misused or misunderstood, though, the consequences can be costly.
This comprehensive, half-day course takes traders through the benefits and potential pitfalls of each incoterm for both buyer and seller as well as strategic ways to use them in international contracts to ensure satisfactory overseas sales.
✅ Interactive and engaging online session
✅ Delivered by qualified international trade specialists
✅ Complementary 1-2-1 consultation with international trade specialist
✅ Certificate of participation on completion
Learning Outcomes
• Understand what Incoterms are and their role in international trade
• Understand the structure of Incoterms
• Understand where risk and responsibility transfer in each Incoterm
• Identify the benefits and potential pitfalls of each Incoterm
• Identify the ideal Incoterm for a variety of shipments, contracts and contexts
• Understand the impact of Incoterms on Duty and VAT
• Incorporate Incoterms effectively into contracts and international trade documentation
Upon completion
• Complimentary 1-2-1 consultation with international trade specialist
• Certificate of completion
Roles that will benefit
• Importers, exporters and distributors
• Manufacturers and producers
• Sales and commercial teams
• Purchasing and procurement teams
• Accounting and finance
• Logistics, shipping and haulage administrators and operators
• Account Managers
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