| NAME OF THE COURSE |
| Certified Export & Import INCOTERMS 2010 Professional |
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| CERTIFICATION |
| Certified Export & Import INCOTERMS 2010 Professional |
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| COURSE OVERVIEW |
| This course will develop and extend your knowledge of the contractual terms in details and how to apply them in a practical manner. You will learn how to use the terms to your advantage. You will also understand the rights and obligations of the buyer and seller. This course will show you how usage of contractual terms can be a powerful tool in your international business dealing. |
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| TRAINING DURATION |
| Training Hours per day : 4-6 Hours |
| Total Training Hours : 20-24 Hours |
| Training Duration : 5 Days |
| Total Training Days : 5-10 Working Days |
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| TRAINING SCHEDULE |
| Weekdays (Sunday to Thursday) |
| Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) |
| Food & refreshments Included |
| Weekends (Friday & Saturday) |
| Fast Track Sessions: 8 Hours per day (9am to 5pm) |
| Food & refreshments Included |
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| CERTIFICATION |
| Globally recognized certificate from “Kings Global Career Academy” |
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| TEST |
| No |
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| LEARNING AIDS |
| Yes |
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| COURSE MATERIAL |
| Hard & Soft Copies of Study Material |
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| LANGUAGE OF INSTRUCTION |
| English |
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| INSTRUCTOR HELPLINE |
| Yes |
| 1. Email |
| 2. Social Media (For Emergency requirements) |
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| REGISTRATION REQUIREMENTS |
| 1. Passport Copy |
| 2. Curriculum Vitae |
| 3. Passport size photographs |
| 4. Course Fee |
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| MODE OF PAYMENT |
| Cash / Cheque / Credit Card / Bank Transfer. |
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| ELIGIBILITY |
| Shipping personnel, sales & marketing staff, freight forwarder, banker, trader, importer/exporter, businessman, purchaser, and those keen on upgrading their knowledge in international trade. |
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| COURSE BENEFITS |
- Understand how contract management adds value to your organisation
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- Learn the stages of the contract management process
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- Understand the role and responsibilities of a contract manager
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- Apply tools and techniques used in contract management
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- Discover the link between contract management and supplier relationship management
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- Recognise the importance of buyer-supplier relationships
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| COURSE CONTENTS |
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| Basic Law of Contract |
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| What is a valid contract? |
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| Conditions for offer and acceptance |
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| Vitiating elements in a contract |
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| What constitutes a breach of contract? |
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| Incoterms 2010 * Meaning of EXW, FCA, FOB, CFR, CIF, etc * |
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| Understanding the obligations of buyer and seller * Incorporation of the trade terms into a contract |
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| Shipping Documents |
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| Understanding B/L and AWB and its implications |
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| Operation of invoice and packing list * Certificate of origin and inspection |
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| Payment Conditions |
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| Open account and advance payment |
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| Applications of DA and DP |
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| Step-by-Step operation of L/C |
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| Irrevocable L/C |
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| Understanding UN-CISG * Scope of application * How a contract is formed? * Rules concerning the Sales of goods * Remedies of buyer and seller |
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| ICC contract model * Specific and general condition of the contract * Meaning of title and limitations of liability * How disputes are settled in international trade * How to apply the Force majeure clause |
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| ICC INCOTERMS 1980, 1990, 2000 & 2010 |
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| New major revisions to Incoterms 2010 |
| Definition of the 11 Incoterms 2010 |
| Review of the different groups of terms |
| Transfer of Risk from the Seller to the Buyer |
| Responsibility for Insurance |
| Costs Associated with Each Term |
| Advantages and disadvantages of each term |
| Know the proper use of the Incoterms 2010 terms |
| Examine the costs, responsibilities & rights associated for buyers & sellers |
| Learn the applicable Incoterms under different transport modes |
| Understand the critical points in Incoterms |