24 JAN 2020 09:00 – 15:00

Black Country Chamber of Commerce
Creative Industries Centre
University of Wolverhampton Science Park
Glaisher Drive
West Midlands
WV10 9TG

Members: £200.00
Non members: £250.00

The Incoterms® 2020 rules define the responsibilities of buyers and sellers trading international and domestic. Reference to an Incoterms® 2020 rule in a sale contract clearly defines the parties’ respective obligations and reduces the risk of legal complications. It’s imperative that all employees within an internationally trading company have a clear understanding of using and applying the Incoterms® 2020 rules to suit their business needs.

This course covers:

  • Introduction to the programme.
  • What are Incoterms?
  • Exercise to check current awareness
  • Why do we need them?
  • What do they cover?
  • What they don’t cover
  • What the terminology used in each Incoterms rule means
  • Why the need for change?
  • The individual Incoterms reviewed in depth
  • The freight forwarder’s involvement
  • Advantages and disadvantages of each term for exporters
  • Which terms would be best for your own specific requirements?
  • How to avoid common Incoterms problems – the golden rules
  • Final exercise to check understanding
  • What to do next
  • A review of the programme

** This price is exclusive of VAT **