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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 400446
 
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ICC Incoterms Update

Live Webinar
June 28, 2017
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart

Need a refresher on international trade law? Make sure you are up-to-date on the most recent updates on the International Commercial Terms rules and regulations.

Many sellers and buyers are unfamiliar with what is required to handle a shipment from A to Z. They may be relying on the other's expertise when, in fact, there are gaps in information. For U.S. imports, many sellers do not fully understand U.S. customs processes and destination handling and the buyer (U.S. importer) does not fully understand the processes involved at the origin. For U.S. exports, the same applies. U.S. based sellers (exporter) may have difficulty handling the destination customs processes and buyers do not fully understand what's required in the U.S.. This topic helps the buyers (importers) and sellers (exporters) understand the process of an international shipment and then to understand the risks and costs involved for each party under each incoterm. This will allow the shippers to protect themselves financially by formally establishing expectations for each party in regards to the shipment process. This information is critical for U.S. buyers (importers) and sellers (exporters) so they can make informed decisions about the terms of sale before signing a contract with any company.

Learning Objectives

  • You will be able to define each of the 11 incoterms.
  • You will be able to discuss why having the right incoterm in place will help to reduce or eliminate confusion and missed steps in the shipping process.
  • You will be able to explain which incoterm will be of most value to you.
  • You will be able to review the benefits and problems with the most frequently used incoterms in order to make a decision that is in your best interest.

Registration

Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart