reed.co.uk Courses

Header

Check out our Christmas deals

INCOTERMS®: Transportation, Importation and Logistics Management


Simpliv LLC

Summary

Price
£40.49 inc VAT
Study method
Online, self-paced
Access to content
Lifetime access
Qualification
No formal qualification
Additional info
  • Certificate of completion available and is included in the price

2 students purchased this course

Add to basket or enquire

Overview

About this Course
In the international sale of goods, there is a customary usage of special trade terms.

The problem with these terms is that they end up having different meaning in different countries with respect to obligation of the seller and the buyer.

In an effort to help avoid misunderstanding between the parties to these contracts as well as promote uniformity in law, the International Chamber of Commerce (ICC) has published INCOTERMS®.

Contracts for the international sale of goods should indicate the terms of sale, preferable with one of the 11 incoterms.

Remember incoterms are only applicable in contracts of international sale of goods if the parties have incorporated then into their contracts.

Sales contracts involving goods that are not shipped under negotiable marine bill of lading should also specify when (time and place) and/or how ownership passes from seller to buyer

Basic knowledge
Is it possible to conduct international transactions without all these?

Often international transactions are conducted without the benefit of an international sales contract
What happens is, the seller provides a quotation (which can be in the form of pro-forma invoice), the buyer responds to this with a purchase order
In most cases this is sufficient to end up with repeat sales between the parties who are well acquainted and have developed a basis for their dealings
The problem with this arrangement is that when problems in the form of unanticipated disputes occur, the parties get stuck. Hence the need for incoterms

Description

What you will learn
By the end of the course the learner will be able to know

What international commercial terms are
Why incoterms
What incoterms rules don’t do
How to you use incoterms rules
Duties of the parties involved etc

INTRODUCTION
THE TERMS THAT CAN BE USED FOR ANY MODE(S) OF TRANSPORT
THE INCOTERMS THAT APPLY TO SEA AND INLAND WATERWAY TRANSPORT

Who is this course for?

Supply chain / inventory / logistics planner
Business students
Business persons
Procurement / purchasing executive
Supply chain / inventory / logistics analyst
Procurement specialist
MBA Students
Contract officer

Questions and answers


No questions or answers found containing ''.


Mikayil asked:

Hello ! Have will we pass the exam after completing the course? Best regards, Rustamli Mikayil

Answer:

Hi Rustamli Mikayil, Thanks for your query. If you will take this courses it will help you to pass the exam. This course will give you overall information. If you need any help our Simpliv instructor " Moses Manuel " will guide you. I hope this information will help you. Best Regards, Simpliv Team

This was helpful. Thank you for your feedback.

Mikayil asked:

Hello ! What does it cost the certificate for foreign students? Thank you. Best regards, Rustamli Mikayil

Answer:

Hi Mikayil, Our Simpliv course " INCOTERMS®: Transportation, Importation and Logistics Management " cost is $ 9.99 The "Official Incoterms® Certificate " cost is $399. This certificate from the ICC Academy. Regards, Simpliv Team

This was helpful. Thank you for your feedback.

Rating and reviews

There haven't been any reviews for this course yet.

Leave a review

Modals

Mobile Navigation