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.
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.
Request information - obligation free
Reviews by course attendees
Average rating 5
A fantastic tutor with obvious knowledge and experience. Very informative! Mr E Harvey G E Sensing
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