Professional Training
5.0 (2 Reviews)

International Procurement

Length
2 days
Length
2 days
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International Procurement

International Procurement

International Procurement (Importing from Overseas) - 2-day training course for purchasing personnel

This two-day International Procurement training course is designed to address the extra challenges and opportunities faced by purchasing and supply chain staff who buy globally.

The training teaches delegates how to deal with payments and currencies, develop a solid understanding of import and customs procedures, and be able to enforce the buyer's requirements across different legal systems. It also underlines the need for a uniform interpretation of the contractual terms and obligations that exist between buyer and seller, as well as the practical tools necessary to achieve these crucial requirements.

Transportation, New ICC Incoterms 2020 and freight rates are also addressed.

Suitability - Who should attend?

This International Procurement course is suitable for purchasing professionals who want to exploit the opportunities of international trade, but also have the knowledge to effectively manage the intricacies of procurement at the international level.

Outcome / Qualification etc.

Certificate of completion.

Buying from Abroad Course Content

This International International Procurement course is designed to cover the following key areas:

International Purchasing Strategy

  • The Added Risks of International Sourcing
  • Sources of Information / Market Research
  • World Wide Web
  • International Chamber of Commerce

Complexities of International Trade

  • Communication
  • Distance
  • Legal
  • Financial
  • Dealing with Cultural & Ethical Issues
  • Corporate Social Responsibility.

The Enquiry Package

  • Getting Uniformity of Interpretation & Understanding
  • Product Specification
  • Agents & Distributors
  • Documentation Required
  • Shipment

Legal Aspects

  • Differing Legal Systems
  • Conflict of Laws
  • International Sale of Goods Convention
  • Model Contract of Sale
  • Problems of Enforcement & Jurisdiction
  • International Commercial Arbitration.

Currency

  • Fluctuations
  • Exchange Markets
  • Risk
  • Forward Exchange Contracts
  • Spot Rates

Payment

  • Open Account
  • International Money Transfer
  • Bills of Exchange
  • Documentary Credits (Letters of Credit)
  • Cash Against Documents

Contract Guarantees

  • Performance Guarantee
  • Advance Payment Guarantee
  • Retention Money Guarantee.

Incoterms

  • Incoterms 2000
  • Insurance Liabilities
  • Defining When Risk & Cost Pass
  • Critical Points
  • Selecting the Correct Term
  • Common Misconceptions

Transportation

  • Modes
  • Selection
  • Packaging
  • Freight Rates
  • Volumetric Weight
  • Insurance
  • TIR

Documentation

  • Bill of Lading
  • Sea Waybill
  • Truck Waybill
  • Air Waybill
  • Commercial Invoice
  • Certificate of Insurance
  • Certificate of Origin
  • Pre-Shipment Inspection Certificate.

Import and Custom Procedures

  • Tariffs
  • Single Administrative Document
  • Licences
  • Quotas
  • Duty
  • ADD
  • Valuation
  • VAT
  • Relief from Duty
  • IPR
  • PCC

Completion of Declaration

  • Methods
  • Presentation
  • CFSP
  • LCP
  • Documentation

Training Course Content

This International International Procurement course is designed to cover the following key areas:

International Purchasing Strategy

  • The Added Risks of International Sourcing
  • Sources of Information / Market Research
  • HMRC
  • International Chamber of Commerce (ICC)

Complexities of International Trade

  • Communication
  • Distance
  • Legal
  • Financial
  • Dealing with Cultural & Ethical Issues
  • Corporate Social Responsibility.

The Enquiry Package

  • Getting Uniformity of Interpretation & Understanding
  • Product Specification
  • Agents & Distributors
  • Documentation Required
  • Shipment

Legal Aspects

  • Differing Legal Systems
  • Conflict of Laws
  • International Sale of Goods Convention (CISG)
  • Model Contract of Sale
  • Problems of Enforcement & Jurisdiction
  • International Commercial Arbitration.

Currency

  • Fluctuations
  • Exchange Markets
  • Risk
  • Forward Exchange Contracts
  • Spot Rates

Payment

  • Open Account
  • International Money Transfer
  • Bills of Exchange
  • Documentary Credits (Letters of Credit)
  • Cash Against Documents

Contract Guarantees

  • Performance Guarantee
  • Advance Payment Guarantee
  • Retention Money Guarantee.

Incoterms

  • New ICC Incoterms 2020
  • Insurance Liabilities
  • Defining When Risk & Cost Pass
  • Critical Points
  • Selecting the Correct Term
  • Common Misconceptions

Transportation

  • Modes
  • Selection
  • Packaging
  • Freight Rates
  • Volumetric Weight
  • Insurance
  • TIR

Documentation

  • Bill of Lading
  • Sea Waybill
  • Truck Waybill
  • Air Waybill
  • Commercial Invoice
  • Certificate of Insurance
  • Certificate of Origin
  • Pre-Shipment Inspection Certificate.

Import and Custom Procedures

  • Declaring Imports to Customs
  • Commodity Coding
  • Single Administrative Document
  • Licences
  • Quotas
  • Import Duty
  • Anti Dumping Duty
  • Import Valuation
  • VAT & Excise Duty
  • Relief from Duty
  • Inward Processing (formerly IPR)
  • Processing Under Customs Control (PCC)

Completion of Declaration

  • Methods
  • Presentation
  • Customs Freight Simplified Procedures (CFSP)
  • Local Clearance Procedure (LCP)
  • Documentation

Expenses

The cost of this International Procurement course is ¬£645 + VAT per delegate.

The sum includes tuition, comprehensive course notes and other reference materials, as well as refreshments and lunch.

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Reviews by course attendees

Average rating 5

Based on 2 reviews.
Reviews are published according to our review policy.
Write a review!
5/5
Toni Wiles, ARCO
12 Jul 2016
Buying from Abroad Training Course - 1st & 2nd October 2015

Great course, lots of learning!

5/5
Delegate
21 Dec 2011

A fantastic tutor with obvious knowledge and experience. Very informative! Mr E Harvey G E Sensing

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