Export Import Logistics with Global Incoterms ® 2020 Rules
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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
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What are Incoterms in Supply Chain and Export Import Movement of GoodsThe Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce relating to international commercial law for smooth functioning of Logistical movement of goods in Supply Chain enabling the Exports and Imports of goods procedure simple.
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Functions of Incoterms in Logistics, Supply Chain, Export and Import
The main functions of Incoterms are to precisely define several important aspects of a transaction, such as the place of delivery of the goods by the seller, who contracts and pays for the transport and international insurance, which documents are processed by each party, who bears the costs of the different sections of the logistics chain, and when and where the transfer of risk on the goods from the seller to the buyer occurs.
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Tasks Involved in Logistics and Shipping part of Supply Chain
Your role as a logistics and distribution manager is to organise the storage and distribution of goods. You'll ensure that the right products are delivered to the right location on time and at a good cost. You may also be involved in transportation, stock control, warehousing and monitoring the flow of goods.
Understanding the whole supply chain is important so that you can coordinate it effectively and liaise with suppliers of raw materials, manufacturers, retailers and consumers.
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Logistics Flow in Export Import Supply Chain
Logistics management workflows, or flow charts, give a step-by-step depiction of the processes and sub-processes that are necessary for goods to travel through an organization, to the customer. Logistics processes should be well-documented, defined and reviewed on a regular basis in order to achieve cost-effectiveness and meet SLA’s for customer delivery. Each sub-process throughout the logistics management function can benefit from the use of flow charts and process modeling.
