Introduction to International TradeThis course is ideal for people who are new to exporting or wanting to refresh their understanding. It is an introductory level course but designed to allow for flexibility in content depth to allow for individual Q&A’s.
The course will work through the export process from start to finish and explain why procedures are in place and what information is required. The structure and content will allow delegates at the end of the course, to be able to adapt them into their own business operations.
Additionally this full day course will include case studies and there will be opportunities during each section of the course for questions. Sources of information will also be provided for all delegates accordingly.
The course content will cover:
• Introduction to International Trade
• The Export Process Overview – Explains how the process works from the start to finish. – Each part of the process would then be covered in detail and in order.
The Order Process
o What information is required to process an order
o Where does this information come from
o What does this information do
Understanding Commodity Codes
o What the codes are and what they do
o How to classify your products
o Where to go for information
o Global Tariff Codes
o The new 2022 HS Codes
Documentation – Why it is required
o What is the function of documents in international trade
o The basic documents required to import and export products including samples and warranty replacements
o What are the key information requirements to be included on these documents
o Terminology – explanation of many of the acronyms in international trade
Understanding the risk for a shipment
o Overview of Incoterms 2020
o Review of each Incoterm
o What they do and how to use them
o Understand your obligations for each Incoterm
Non Members £550.00