Incoterms® 2020 Rules

Instructor: Jan Seal
Product ID: 706265

Duration: 90 Min

Attend this webinar to learn how to make correct use of Incoterms® to prevent delays and save additional costs. Learn how certain rules determine who is responsible for transportation, insurance, reporting the transaction to customs and much more.

RECORDED TRAINING

Last Recorded Date: May-2022

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$249.00
1 Person Unlimited viewing for 6 month Recorded Link and Ref. material will be available in My CO Section
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$349.00
Downloadable file is for usage in one location only. Downloadable link along with the materials will be emailed within 2 business days
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Why Should You Attend:

Incoterms® are a set of rules which define the responsibilities and obligations of international sellers and buyers for the delivery of goods under sales contracts and are widely used in international commercial transactions. Incoterms® is short for International Commercial Terms. The rules are an agreement between seller and buyer relating to obligations concerning tasks, costs and risks involved in the delivery of goods.

These trade terms provide a uniform set of rules to assist buyers and sellers in stating each party's obligations under an international contract. They streamline and remove some of the ambiguity that can occur in a contract especially when parties speak different languages. They provide a basis for dispute resolution. The chosen term defines where risk will transfer between the seller and buyer. This will have an impact on the cargo insurance obligations.

Incorrect use of Incoterms® may cause delays and additional costs if not understood. Certain rules will determine who is responsible for transportation, insurance, reporting the transaction to customs and much more.

Areas Covered in the Webinar:

Definition of the 11 Incoterms
Transfer of Risk from the Seller to the Buyer
Responsibility for Insurance
Costs Associated with Each Term
Advantages and disadvantages of each term

Who Will Benefit:

Exporters
Importers
Sales and Marketing Managers
Purchasing Managers
Freight Forwarders
Logistics
Customs Brokers
Carriers
Credit Managers
Controllers
Insurers
Trade Consultants
International Bankers
Attorneys and Legal Staff

Instructor Profile:

Jan Seal
Management Consultant, Individual Consultant

Jan Seal is a Management Consultant on International Trade and a Licensed Customhouse Broker with over 40 years of experience in imports and exports. Ms. Seal is a frequent speaker/instructor at nation-wide seminars and webinars for international companies located around the world and international trade organizations. She also is a consultant for medium to multi-national companies on trade compliance. She has taught courses for Import Specialists at the National Customs Academy.

She is the author of seven books on various international trade topics available on Amazon.com.

She received her BA Degree from California State University at Fullerton with a year of post-graduate work in Education at the University of California, Riverside. She received her MBA at California State University, Dominguez Hills, and is a member of Delta Mu Delta National Honor Society in Business Administration.

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