Incoterms® stands for “International Commercial Terms” and they layout the responsibilities between the buyer and seller when shipping goods.
Incoterms®2010 came into effect on 1st January 2011 with a new set of rules and also new terms. It is vitally important to understand these terms as they can help avoid disputes during the transit of goods, plus can also help companies be more efficient and cost effective by applying the rules.
We have a launched our new Incoterms®2010 training course to help companies understand the terms, their applications and implications on current business practices.
The course covers:
- What are Incoterms® 2010
- The reasons for the changes involved with Incoterms® 2010
- Implications for Global Trade
- All modes of transport terms explained
- Sea and Inland waterway terms explained
- Examination of each term in detail
- Buyer and sellers obligations
- Risk transfer/Point of Delivery
- Cost Transfer
- Insurance
This is a half day course with course notes included.
The course is ideally suited for anyone in International business as the terms have only been in place since 1st January 2011 and for those who have been using Incoterms®2000 but need a refresher and those with no knowledge at all.
For more details please contact: sales@resultz.co.uk or Jeff Lewis on +44 (0)7961 802024
