This webinar will explain each of the 11 Incoterms in detail and will discuss common misunderstandings of each. It will provide attendees tools to choose the right carriers, forwarders and integrators to move their products globally with maximum efficiency and cost.
This webinar will focus on:
Why Should You Attend:
Incoterms are in all probability the most confusing, misinterpreted and misunderstood topic of international trade. Buyers and sellers are often not cognizant of who is responsible for selecting transportation carriers, who pays for the move from point A to point B and where the risk of loss or damage begins and ends. In addition, Incoterms are thought to control other financial concerns of international shipping when in fact they do not.This webinar will focus on:
- Understanding Incoterms 2010
- Background
- What Incoterms are/are not
- The 11 Incoterms under the 2010 Convention
- Duty and Value Added Taxes (VAT); How they’re calculated overseas
- Inventory and Revenue Recognition Rules Under Incoterms 2010
- Domestic Freight Terms Under the Uniform Commercial Code (UCC)
Areas Covered in the Webinar:
- Overview of Global Carrier Management
- Need for Speed vs. Cost
- Types of Global Transportation Carriers
- Freight Forwarders vs. Integrators and Who to Choose to Move Your Cargo
- Planning a Carrier Bid Process
- Forwarder/Integrator/Carrier Selection Criteria
- Choosing the Right Mix of Carriers for Your Company
Who Will Benefit:
- Company Presidents and CFOs
- Company Vice Presidents
- Business Owners
- Sales Managers
- Attorneys
- Treasury Department Employees
- Credit and Collection Managers
- Insurance Professionals
- Lending Professionals
- Accountants
- Bankers who finance trade receivables
Course Provider
David Ross,
