1-Day Course

Strategizing Import Export Operations & Usage of Incoterms   

Time : 9 am ~5pm / Venue : Hotel/s in PJ 

Introduction

In the global trade, encompassing the intricacies of import and export operations, sourcing and delivering aggressively will not lead to much success anymore.

With the impact of globalization and cross-boarder market liberalization, managing the pipeline from initial supplier to ultimate consumer need strategy and proactive skills. An insight of proper documentation, process monitoring and value chain enhancement will assist in sustaining overall profitability.

Transport, Logistics and Supply Chain Management is equally vital as a corporate tool in eliminating hidden costs in global trade.

Who Should Attend 

This workshop is designed for all businessmen or entrepreneurs who are to venture into import & export business or already in the business of international trade. It would be useful for Directors and all Management staff who are involved in

• Import/Export/ Shipping operations
• Purchasing & Supply Chain Activities
• Transporting
• Bill Processing
• Trade Documentation
• Manufacturing
• Sales Administration
• Marine Insurance
• Finance & Administration.

Course Outline 

UNDERSTANDING THE CROSS-BORDER TRADING

·        International customs formalities

·        International transportation elements 

INTERACTION OF INTERVENING PARTIES

·        The 12 major parties in global trade

·        Defining the buyer and seller shift  

TYPES OF DOCUMENTATION AND PROCEDURES

·        The commercial sector

·        The transport sector

·        The finance sector

·        The statutory sector 

THE COMMONLY USED PAYMENT METHOD

·        Types of payment options

·        The risks and costs of L/C and D/Drafts 

THE APPLICABILITY OF INCOTERMS

·        Introduction to incoterms

·        The risks and costs of incoterms

·        Defining the E, F, C D terms

·        Incoterms in Terms of Sales 

IMPORT EXPORT OPERATIONS BY AIR FREIGHT

·        The types of documents

·        The global process flow

·        Understanding the Airway Bill 

IMPORT EXPORT OPERATIONS BY SEA FREIGHT

·        The types of documents

·        The global process flow

·        Understanding the Bill of Lading 

SUPPLY CHAIN MANAGEMENT

·        Introduction and definition

·        The supply-production-distribution flow

·        The 4 decision elements 

GLOBAL LOGISTICS MANAGEMENT

·        Introduction and definition

·        Logistics in the supply network

·        The 3 decision elements 

CUSTOMS PROCEDURES AND FORMALITIES

·        Trade tariff classification

·        Assessment of customs duties

·        Issues related to global import export  

Course Leader ~ Steven Kum    

He has more than 25 years of hands-on experience in the field of international trade and procurement, freight and logistics operations.

He was the managing director of Transaltas Group, a network of logistics service provider (3 PL) with regional offices in UK, USA, Australia and Asia. His recent contractual appointment includes Business Development Manager for Lensveld Logistics of Holland, Country Manager for esprit Shipping of Hong Kong and Director of Sales for Karl Schroff Associate of USA. He is now affiliated with Cambridge International College (UK) and Durham Logistics college 9UK) as training Consultant for Malaysia and with Logis Supply Chain Solutions 9Singapore) as Associate Consultant.

Course Fee

Claimable under HRDF/SBL SCHEME

• RM 470.00 per participant
• RM 44.00 Per Participant for 2 or more  participants