Since the start of lockdown remote learning is now commonplace and we’ve become much more used to classes being taught over Zoom and other video platforms.
Our courses cater for this trend with online learning, pre-recorded, remote video courses that allows you to study in your own time, with no start-time nor deadline to complete the course once you enroll. Our courses cover three fundamental and important subjects:
Lead by our course director Alan Bracken, he has over 35 years of experience in international trade and teaches you his knowledge first hand, including the mistakes and pitfalls he made, so you don’t suffer the same.
Course Content Preview:
Chapter 1: Understanding Incoterms 2010 Summary: Incoterms is the foundation stone of International Trade. Each term dictates the buyer and sellers involvement in the logistics and documentation associated with the shipment.
The Role of Incoterms 2010 in International Trade
Identifying the Buyer and Sellers Responsibilities Under Incoterms 2010
Choosing the Correct Incoterm 2010 For Your International Trade Transaction
Identifying the Eleven Incoterms 2010
Packing Implications Under Incoterms 2010 1,751 words in total. 14 mins 10 secs in video.
Chapter 2: Understanding Cargo Insurance Sea and Air Summary: This chapter details the different types of insurance cover available.
Examination of Clause A, B and C (Sea Freight)
Choosing the Correct Insurance Cover
Examination of Clause Air (Air Freight)
Examination of Insurance Certificate
Implications of Marine Insurance Under CIF CIP Incoterms 2010 1,537 words in total. 12 mins 12 secs in video.
Chapter 3: Certificates of Origin Summary: This chapter addresses the role of certificates of origin in International Trade.
Role of Certificate of Origin the International Trade
Examining Different Types of Certificates of Origin 999 words in total. 7 mins 12 secs in video.
Chapter 1: The Import Procedure Summary: This chapter describes the role of the tariff book.
Understanding the EU Tariff book
Classifying your Imports 618 words in total. 5 mins 27 secs in video.
Chapter 2: Understanding Import regimes Summary: This chapter identifies various customs regimes which the importer must be aware of.
Anti Dumping Duties
Import Licences 624 words in total. 5 mins 50 secs in video.
Chapter 3: Custom Management Summary: This chapter helps the importer with their cash flow.
Benefits of Preferential Trading, Importing Goods at Reduced Rates of Duty
Understanding the Rules of Origin
Deferred VAT and Duty
Rejected Imports and Reclaiming Duty
Inward Processing Relief
Import Entry Procedure on CHIEF (SAD document)
The Role of the Clearing agent
How to Select Your Clearing Agent 2,653 words in total. 20 mins in video.
Chapter 1: Carriage By Sea Summary: This chapter identifies bills of lading and their role in International Trade.
Bills of Lading
The Characteristics of Liner Bills of Lading
The Characteristics of Seaway Bills of Lading
How Bills of Lading are Generated
How Bills of Lading are Generated
Bill of Lading Instructions 1,677 words in total. 10 mins 50 secs in video.
Chapter 2: Carriage by Air Summary: This chapter addresses the role of the air waybill in International Trade.
Air Waybill Instructions
Issuing Flight Details 620 words in total. 5 mins 5 secs in video.
Chapter 3: Air Consolidation & Rates Summary: This chapter addresses air freight rates.
The Role of the Consolidator and Air Freight Rates
House Air Waybill 1,085 words in total. 9 mins in video.
Chapter 4: Sea Freight Rates Summary: This chapter addresses sea freight rates.
1,623 words in total. 12 mins in video.
Chapter 5: Cost Centres Air & Sea
Summary: This chapter identifies the major warehouse to warehouse costs for sea and air.
Identifying Your Cost Centres From Sellers Warehouse to Buyers Warehouse via Sea and Air
The Role of the Freight Forwarder
Selecting Your Freight Forwarder 730 words in total. 5 mins 40 secs in video
Chapter 1: Methods of Payment in International Trade Summary: This chapter addresses the usual methods of payment used in International Trade and stresses that a sale is not a sale until you get paid.
Cash against Documents
Bills of Exchange (Drafts)
Documentary Letters of Credit 1,476 words in total. 9 mins 35 secs in video.
Chapter 2: Letters of Credit Summary: This chapter identifies how to establish a Letter of Credit and addresses the different types of L/C’s available.The rules of the game UCP600 are identified and discussed together with presentation of documents to the bank and how to handle rejection.
Why Trade Under a Letter of Credit?
Defenition of a Letter of Credit
How is a Letter of Credit is Opened?
Types of Letters of Credit
Standby Letter of Credit
UCP 600 The Rules of the Game
Sellers Request to Establish a Letter of Credit
Presenting Document to the Bank for Payment
Rejected Presentations 14,117 words in total. 26 mins 35 secs in video
Chapter 1: International Sourcing Summary: This chapter explains how to source products worldwide.
Understanding the Five Key Ways of Sourcing Products or Services 981 words in total. 6 mins 40 secs in video.
Chapter 2: Pre Shipment Inspection Summary: This chapter addresses the question “How do I know I’m getting what I paid for from my overseas supplier”.
Issuing Pre Shipment Inspection Instructions
Clean Report of Findings 775 words in total. 5 mins 30 secs in video.
Chapter 3: Market Research Summary: This chapter addresses finding your customer before importing the product.
Who Will Buy Your Product?
Pricing My Product 836 words in total. 5 mins 35 secs in video.
Chapter 4: Negotiation Skills Summary: This chapter addresses the fundamental negotiating skills you will require in International Trade.
Methods of Persuasion
Defining Objectives and Targets
Setting Your Negotiation Strategy 1,412 words in total. 10 mins in video.
Chapter 5: Methods of Selling Summary: This chapter addresses the advantages and disadvantages of selling as a stockist or commission agent.
The Advantages and Disadvantages of Trading as a Commission Agent
Stockist Agent 1,753 words in total. 11 mins 50 secs in video.