Incoterms
3.5 Hour Course
3.5 Hour Course with one 15-min break
Webinars
$395 (Webcam required)
9:00AM – 12:30PM CT
Download Incoterms®2020 Course Agenda ⬇️
Incoterms® 2020 Rules Course Agenda
8:30 a.m. to 12:00 p.m. – Seminar
9:00 a.m. to 12:30 p.m. (Central Time) – Webinar
Reference book Incoterms® 2020 for Importers & Exporters
I. TRADE TERMS FOR DOMESTIC AND INTERNATIONAL TRANSACTIONS
• Incoterms® Rules in Contracts
• Incoterms® Rules and Title Transfer
• Incoterms® Rules vs. The Uniform Commercial Code Terms
• Structure of Incoterms® Rules
II. INCOTERMS® 2010/2020 PRODUCT TRANSPORTATION AND RISK OF LOSS Incoterms® Rules Compared
• TERMS FOR ANY MODE
• EXW -Ex Works (named place)
• FCA – Free Carrier At (named place)
• CPT – Carriage Paid To (named place of destination)
• CIP – Carriage and Insurance Paid To (named place of destination)
• DAP – Delivered at Place (named place of destination)
• DPU – Delivered at Place Unloaded (named place of destination)
• DDP – Delivered Duty Paid (named place of destination)
III. MARITIME TERMS
• FAS – Free Alongside Ship (named ocean port of shipment)
• FOB – Free on Board (named ocean port of shipment)
• CFR – Cost and Freight (named ocean port of destination)
• CIF – Cost, Insurance and Freight (named ocean port of destination)
IV. SUMMARY
• Trade Term Self-Assessment, Exercises & Quiz
V. COSTING METHODS
VI. MISTAKES MADE: COURT CASES INVOLVING INCOTERMS® RULES
VII. CASE STUDIES
”Incoterms®” is a registered trademark of the International Chamber of Commerce
Incorrect use of Incoterms® rules in an agreement between a seller and a buyer may add costs or confusion. Take our Incoterms® Rules training course to understand how to apply them in your company for your transactions – whether for export or import or domestic transactions. The following is some of what you will learn from the course:
- Responsibilities and obligations for the seller and the buyer
- Apply rules related to various Incoterms to purchases and sales
- Product transportation and risk of loss
- Negotiating strategies and tactics for transportation, risk/responsibility, title transfer, and payment terms
- Incoterms rules as applied to freight prepaid and freight collect shipments
Employees of Customs Brokers, Freight Forwarders, Exporters, and Importers who are Compliance Officers, Purchasing, Sales/Marketing, Logistics, Traffic, Customer Service, Credit Managers, Order Coordinators, Plant Managers, Operations Managers, Controllers, Engineering, and Legal.
Our Incoterms 2020 online or in-person class is excellent for beginners and also serves as a refresher for experienced professionals. The instructor will level-set the course based on attendees.
If you cancel 30 days in advance of an event, you will receive a fund refund. To read the entire Policy, click here
Incoterms® is a great tool when all involved understand the terms and obligations.
Everyone that touches an international order should understand the risks and obligations associated with the Incoterms® your company uses. When Incoterms® are used in an international transaction, both buyer and seller are agreeing to insurance, risks, and obligations. The term you are using may be costing you extra money and/or may be creating delays because the parties do not understand their obligations.
As an Import or Export professional, you should thoroughly understand Incoterms® 2020. Use this up-to-date Incoterms Rules Training to understand better and stay ahead of the competition.
Late registrations are welcome.
Scheduled Dates
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Small Class
This means there is more time for you to grow, ask questions and get the knowledge and answers you need to succeed.
Expert Instructor
Our experts provide you with insights and real-world applications, fostering a deeper grasp of trade compliance.
Reference Book
Receive a free reference book. This will benefit you far past the course. Fee for shipments outside continental U.S.
Certificate
With this interactive course, you will receive a certificate of completion and a digital badge to share.
Try our intro course
For Beginners & Cross Functional Team Members
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Incoterms 2020 Awareness$150.00
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