Mastering International Trade / Import Export – Essential Concepts For Success
Introduction
Many companies venture into international trade without a thorough understanding of how it works, often rushing into the process. However, this lack of essential knowledge in international trade can have far-reaching consequences. It can result in limited market access, challenges in compliance, missed opportunities for growth, financial risks, inefficiencies in supply chains, and struggles in overcoming cultural and communication barriers. Ultimately, this lack of understanding can impede business expansion and jeopardize profitability in the dynamic global marketplace.
The objective of the course is to provide participants with a comprehensive understanding of international trade, focusing on trade policies and regulations, incoterms, essential documentations, international payment methods, logistic and supply chain management as well as export and import procedures. The course aims to equip participants with the essential knowledge and skills to navigate the complexities of international trade effectively. The outcome of the training is that participants will be better prepared to engage in international trade, make informed decisions, overcome challenges, and seize growth opportunities in the global marketplace.
Course Objectives
By the end of this course, you will be able to:
- Define the benefits and challenges of International Trade
- Explain the trade policies and regulations
- Summarize the types of Incoterms and its significance
- Identify the documents functions and when/who to prepare for
- Distinguish the different types of International Payment Methods and its security
- Describe the concept of logistic management and its respective roles
- Interpret the key elements of supply chain management and its mitigation plans
- Explain the export and import procedures
Methodology
- Facilitator-guided comprehension of international trade fundamentals.
- Exploration of trade policies, incoterms, documentation, payment methods, logistics, and procedures.
- Interactive sessions with multiple-choice questions to assess understanding.
- Dynamic group discussions for collaborative learning.
- Decision-making on incoterms and payment methods for specific scenarios.
- Focus on documentation, logistics, and supply chain intricacies.
- Emphasis on practical application of theoretical knowledge.
- Facilitator oversight for a seamless learning experience.
Who Should Attend?
- International Trade Team
- Export & Import Operation Team
- Export Sales Team
- Sales & Marketing Team
- Business Development Team
- Shipping Team
- Supply Chain Team
- Logistic Team
- Warehouse Team
- Procurement/Purchasing Team
- Finance Team
- Regulatory Team
- Customer Service Team
- Administrative Team
Training Delivery
- Face to Face Training
or
- Remote Online Training via Zoom Platform
- Day One
- Day Two
Day One
MODULE 1: OVERVIEW OF INTERNATIONAL TRADE
MODULE 2: TRADE POLICIES AND REGULATIONS
MODULE 3: INCOTERMS
MODULE 4: ESSENTIAL DOCUMENTATIONS
Day Two
MODULE 5: INTERNATIONAL PAYMENT METHODS
MODULE 6: LOGISTIC MANAGEMENT
MODULE 7: SUPPLY CHAIN MANAGEMENT
MODULE 8: EXPORT AND IMPORT PROCEDURES
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