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International Procurement - 2-day training course for purchasing personnel
This two-day International Procurement in-house 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 intepretation 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, ICC Incoterms 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 and CPD certificate.
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
- World Wide Web
- International Chamber of Commerce
Complexities of International Trade
- Dealing with Cultural & Ethical Issues
- Corporate Social Responsibility.
The Enquiry Package
- Getting Uniformity of Interpretation & Understanding
- Product Specification
- Agents & Distributors
- Documentation Required
- Differing Legal Systems
- Conflict of Laws
- International Sale of Goods Convention
- Model Contract of Sale
- Problems of Enforcement & Jurisdiction
- International Commercial Arbitration.
- Exchange Markets
- Forward Exchange Contracts
- Spot Rates
- Open Account
- International Money Transfer
- Bills of Exchange
- Documentary Credits (Letters of Credit)
- Cash Against Documents
- Performance Guarantee
- Advance Payment Guarantee
- Retention Money Guarantee.
- Incoterms 2000
- Insurance Liabilities
- Defining When Risk & Cost Pass
- Critical Points
- Selecting the Correct Term
- Common Misconceptions
- Freight Rates
- Volumetric Weight
- 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
- Single Administrative Document
- Relief from Duty
Completion of Declaration
Provider: PMS - Purchasing Management Services
Purchasing Management Services - Training Courses in Purchasing, Store and Stock Control
Practical skills for immediate payback in your working environment - This is what PMS - Purchasing Management Services aims to achieve with every course. As a leading provider of purchasing, stores/warehouse and stock control training for purchasing and supply chain...
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