some of our training
Comprehensive Import Export Training
Comprehensive Imports Exports training inclusive of Incoterms 2020 Training
International trading is becoming the norm for companies that experience a downturn or a need to grow their income in the country in which they normally trade
However,
several companies have lost money by entering these markets due to:
a) Not understanding the complexities of
importing and exporting
b) Not doing proper research in the potential
markets
c) Not having a strategy that is supported by top
management
d) Not investing in the knowledge and resources required for successful importing and exporting
Who
should attend:
Delegates should represent a wide range of
personnel in the organization who are in the following capacities:
·
Import export administration
·
Freight Forwarding staff
·
Customs officials
Benefits:
·
The basic roles
and responsibilities of the seller and buyer (Quoting template)
·
Preparing for
Exporting and importing
·
The legal aspects
to be considered when entering into import and export transactions.
(International purchase order template)
·
Transportation
methods and the costs and risks related to them
·
Who takes
responsibility for and loss or damage of goods while in transit between buyer
and seller?
·
How the Incoterms
affect import and export transactions costs
·
The rules and
contracts surrounding a typical contract of sale for export/import transactions
and co-operation agreements with agents etc.
·
What is covered
and what is not covered under transit insurance
·
Understanding the
importance of the correct Harmonised tariff code
·
Duties and taxes
and vat on export and import transactions
·
The role of
customs and their authority
· Import and export packaging and packing
Topics:
Reasons
for importing and exporting
·
What is
international trade and how does it take place?
·
Government
and private sector roles.
·
Trade
barriers and limitations.
·
Trade
agreements and how they affect import and export transactions
·
Importance
of planning for exports and imports
·
Defining
your export strategy
·
Elements
required to improve the success rate
o Distribution channels
o Market segment
o Selection of distribution partners
¨
Agent
¨
Distributor
¨
Franchise
¨
Own operation
¨
Contract manufacturing
Export/import process:
·
Desk Research
·
In country Research
o
Indirect exporting
o
Direct exporting
o
Licensing, franchising
o
Strategic alliances and
joint ventures
·
Manufacturing abroad
·
Obtaining SARS authorisation
·
Role of the forwarding and clearing
agent
o
Why use a forwarding and clearing
agent
o
How to select a forwarding and
clearing agent
o
What services can be expected
o
What charges do they levy?
·
Customs clearance
Import export quotes
·
Information required to prepare and
or ask for a quotation
·
Introduction
of Incoterms
o
What the terms do
o
What they do not
do
o
How to
incorporate the rules:
§ Proforma invoices
§ International purchase orders
o
Risk and costs
o
2020 rules and
the carrier
o
Contract of sale
rules vs other contracts
o
Rules for any
mode of transport
o Order within the rules
Module 2: Changes
between Incoterm’s 2010 and 2020
Incoterms
·
EXW (Ex Works)
o Explanation
o Sellers obligations
o Buyers obligation
·
FCA (Free
Carrier)
o Explanation
o Sellers obligations
o Buyers obligation
·
CPT (Carriage
Paid to)
o Explanation
o Sellers obligations
o Buyers obligation
·
CIP (Carriage and
Insurance Paid to)
o Explanation
o Sellers obligations
o Buyers obligation
·
DAP (Delivery at
Place)
o Explanation
o Sellers obligations
o Buyers obligation
·
DPU (Delivery at
Place Unloaded)
o Explanation
o Sellers obligations
o Buyers obligation
·
DDP (Delivery
Duty Paid)
o Explanation
o Sellers obligations
o Buyers obligation
·
FAS (Free
Alongside Ship)
o Explanation
o Sellers obligations
o Buyers obligation
·
FOB (Free On
Board)
o Explanation
o Sellers obligations
o Buyers obligation
·
CFR (Cost and
Freight)
o Explanation
o Sellers obligations
o Buyers obligation
·
CIF (Cost
Insurance and Freight)
o Explanation
o Sellers obligations
o Buyers obligation
Module 4: General incoterms rules
·
General
obligations
·
Delivery and
taking delivery
·
Transfer of risks
·
Carriage
·
Insurance
·
Delivery
transport document
·
Export/Import
clearance
·
Checking/Packing/Marking
·
Allocation of
cost
·
Notice
·
Export quotes
o Importance of proforma invoice
o Legal issues to be considered
·
Practical
exercise
·
Import quotes
o International purchase order
o Legal issues to be considered
·
Practical
exercise
Module 5: Payment methods
o
Letters of credit
o
Open account
o
Bill of exchange
o
Direct transfer
Harmonised tariff codes
§ Importance
of the correct code
§ How
to use them
§ Determining
the value for tax
Pre shipment inspection
§ What
is the purpose
§ What
is inspected
Importance of Inspection schedule
Who pays
The role of ITAC or equivalent in other
countries
·
Transit Insurance
o
A, B, C insurance
o
What is covered
o
Additional cover
that could be required
Module 6: Import export risk assessment
§ Identifying
risks
§ Assessing
risks
§ Planning
mitigation actions
§ Planning
contingent actions
§ Practical
exercise
Using
project Libre to ensure proper planning of import export transactions
§ Breaking
down the tasks
§ Using
the software to plan and monitor progress
o Practical
exercise
For pricing, scheduling, or to request a detailed course outline, please contact us today and empower your team to solve the challenges of tomorrow.