
Explore Incoterms, the International Commercial Terms set by the International Chamber of Commerce, to clarify who handles logistics, costs, insurance, and risk when shipping goods globally.
Demonstrate how efficient transport systems reduce logistics costs and influence Incoterms selection, improving pricing, market competitiveness, and economic efficiency.
Coordinate inbound logistics from Japan to the US with export declarations, bill of lading, and customs clearance to the assembly plant. Monitor long lead time parts and collaborate with 3PLs.
Coordinate car shipments from assembly to dealerships using rail and road routes, marshalling yards, staging areas, regional hubs, and third-party logistics providers across North America and Europe.
Explores bulk and crude ocean shipping, including dry bulk, liquid bulk, and crude movements. Explains tramp vs liner shipping and how incoterms and the legal framework guide international trade decisions.
Explore the international logistics flow from the exporter's factory to the importer's warehouse, covering pre-carriage, customs clearance, transit time, loading, and import duties, and prepare for incoterms.
Clarify Incoterms 2020 version, specify exact pickup points including ex-works, and balance risk and cost across the E, F, C, and D groups to enable smooth international trade.
Explore how risk and cost transfer between seller and buyer under Incoterms, including FCA, across multi-carrier shipments and delivery points to minimize disputes and costs.
Explore multimodal transport and Incoterms 2020 to optimize international logistics across rail, road, sea, and air, guided by real-world industry examples in automotive, agriculture, and electronics.
Learn how Incoterms guide the sales contract in international trade, clarifying risk and cost while not governing shipping or insurance contracts.
Explore ex works terms under incoterms 2020 from seller's and buyer's perspectives, detailing risk transfer at premises and buyer's responsibility for loading, export and import clearance, and all transport costs.
Master FCA terms for international trade, understanding when risk transfers and who unloads, and how export clearance and named places affect cost and responsibility.
Explore CIF, CIP, and CPT incoterms, where the seller arranges carriage and insurance (CIF/CIP) or carriage only (CPT), and define risk transfer at loading and to the first carrier.
Incoterms 2020 allow using the seller's or buyer's own transport for fca, dap, dpu, and ddp. They rename dat to dpu and expand delivery locations, while risk transfer remains unchanged.
Incoterms 2020 clarifies security responsibilities and costs in carriage and export import clearance, covering packaging, secure containers, inspections, and explanatory notes for users on usage, risk transfer, and cost allocation.
Understand DAP and DPU Incoterms: DAP transfers risk to the buyer at destination for unloading, while DPU requires seller unloading at destination with buyer handling import clearance.
Understand how CIF incoterms determine risk transfer at the port of shipment, avoiding disputes by clarifying seller and buyer responsibilities in international cargo damage cases.
Explore how ex-works terms can complicate international deals when access to the seller's premises affects pickup, storage costs, and implied duties, as courts clarify contract clarity on logistics.
Clarify who loads under Ex-works, highlighting the buyer's and seller's duties and the risk of delays. Safeguard intellectual property and expedite export licensing to avoid storage costs and damage.
Understand why using FOB for multimodal transport creates risk and cost disputes, and learn that FOB fits only sea or inland waterways while FCA suits multimodal shipments.
Explore FCA delivery concepts through case studies on defining the place of delivery, carrier handover, export paperwork, and proactive communication to manage costs, delays, and risk.
Examine how FAS applies to containerized and oversized cargo, noting that the buyer loads the ship and the terminal operator handles loading, with clear terms for special equipment and costs.
The case clarifies that under DDP, the seller bears all duties and taxes, including unforeseen levies, prompting buyers and sellers to research destination tax regulations and estimate costs.
Examine DAP obligations under Incoterms 2020 through case studies on political disruptions, environmental compliance, and customs clearance, highlighting the need for clear contract provisions and responsibilities.
Clarify CPT risk transfer: risk passes at the first carrier; seller pays carriage to the destination, while contract-specific insurance terms must be explicit.
Explore a chart that clarifies seller and buyer responsibilities across incoterms from Ex-works to DDP, highlighting how tasks and insurance shape invoice value and risk.
This course will help you understand INTERNATIONAL COMMERCIAL TERMS (Logistics Flow , Role of Incoterms in Logistics, Supply Chain, Transportation and Export Import, Understanding International Trade terms from scratch (no prior accounting, finance, Logistics and Supply Chain Management experience is required).
After taking this course you will understand how to create a best deal, analyze and forecast the best set of rules for negotiation as an exporter and importer or as a freight forwarding agent to a supply chain company and make smart decisions as a Logistics and Supply Chain.
By the end of this course you will also know how to negotiate on the task performed by an exporter and importer in managing Logistics and Supply Chain.
By the end of this course you will also know how to Important it is to for you as a Supply Chain Manager, Logistics Manager or Export Import Company to Insure your Cargo as Risk Management is the key function in Logistics and Supply Chain Management.
As Supply Chain and Logistics are the most in demand when its a Pandemic or a Catastrophe the Demand for Supply Chain Managers and Logistics managers has grown largely in last decade due to digitalization every company requires a Supply Chain or a Logistics Manager to manage their Inventory. Logistics, Supply Chain and Shipping go hand in hand.
Lastly, I am teaching this course in a much more visual and entertaining way; I hope you enjoy the course as I always use an 'edutainment' and visualization teaching approach to make complex and Important topics like INCOTERMS simple/easy to understand with more and more pictures being used to tickle your brain and help you succeed as a Supply Chain and Logistics Manager.
Thanks