iTrainingExpert Logo

Mastering Incoterms 2020 (ICC) in Import Export Management

USD 1030
IN HOUSE ENQUIRY

Available Sessions

Session Location Register
22 - 23 Apr 2025 SELANGOR, Malaysia Register

Description

Navigating international trade involves understanding complex rules, legal structures, and expectations. One of the main challenges is mastering Incoterms, which define the responsibilities and risks between buyers and sellers in global transactions. Despite their importance in ensuring clarity and preventing disputes, Incoterms can be difficult to grasp and apply correctly. This two-day course is designed to demystify Incoterms and provide participants with a practical understanding to handle global trade efficiently.

Throughout this course, participants will delve into the essential Incoterms concepts, exploring how these terms streamline trade processes and manage risks. The program covers the latest updates and changes, including the transition from Incoterms 2010 to 2020, and provides insights into recent revisions such as the renaming of DAT to DPU and adjustments in key clauses. With a focus on real-world scenarios and advanced negotiation strategies, this course equips participants with the skills needed to make informed decisions and resolve trade issues effectively. By the end of the program, Incoterms will be transformed from a source of confusion to a valuable asset in international trade success.

By the end of the program, you will be able to:

  • Define the fundamental role of Incoterms in international trade
  • Differentiate responsibilities within Incoterms groups 
  • Explain the cost and risk distribution through Incoterms for informed trade choice
  • Apply Incoterms knowledge to practical trade scenarios for effective problem solving
  • Develop negotiation finesse using Incoterms for successful international deals
  • Export/Import Executive
  • Administrative Executive
  • Procurement/Purchasing Executive
  • Logistic/Warehouse/Supply Chain/Shipping Executive
  • Customer Service
  • Finance Executive
  • Sales & Marketing Executive
  • Clerical Staffs
  • Sales Manager
  • Export/Import Sales Manager
  • International Trade Manager

DAY 1: 9:00AM – 5:00PM

9.00AM - 10.30AM 
Module 1: Introduction to Incoterms

  • Purpose, history, role in trade
  • Evolution of Incoterms versions
  • Key concepts: risk, delivery, obligation

10.30AM - 10.45AM Break

10.45AM - 1.00PM 
Module 2: Grouping Incoterms and Responsibilities

  • E,F,C,D groups explained
  • Seller-buyer obligations within groups
  • Risk transfer points and their significance

1.00PM - 2.00PM Lunch

2.00PM - 3.30PM 
Module 3: E and F Group Incoterms 

  • EXW, buyer-risk focus
  • FCA flexibility and transport modes
  • FAS, FOB for maritime transport

3.30PM - 3.45PM Break

3.45PM - 5.00PM 
Module 4: C Group Incoterms

  • CFR, CIF: Freight and Insurance
  • CPT, CIP: Insurance coverage, risk
  • Documentation impact on operations, customs

Day 2: 9.00am - 5.00pm

9.00AM - 10.30AM 
Module 5: D Group Incoterms

  • DAP, buyer delivery notice
  • DPU, unloading responsibility
  • DDP, comprehensive obligations, taxes

10.30AM - 10.45AM Break

10.45AM - 1.00PM 
Module 6: Understand Cost and Risk Allocation 

  • Costs based on Incoterms
  • Varying risk, insurance importance
  • Negotiation enhancement through cost-risk knowledge

1.00PM - 2.00PM Lunch

2.00PM - 3.30PM 
Module 7: Case Studies and Real-World Scenarios  

  • Analysing intricate trade situation
  • Problem-solving, optimal Incoterms selection
  • Learning from real-world examples, outcomes

3.30PM - 3.45PM Break

3.45PM - 5.00PM 
Module 8: Advanced Negotiation Strategies with Incoterms   

  • Leveraging Incoterms for negotiation goals
  • Dynamics, psychology, and cultural factors
  • Conditional terms, risk management, ethics

Interactive Learning methods, including Multiple Choice Questions to assess understanding and stimulate critical thinking. Dynamic Group Discussion, Role Plays and Group Presentation to promote collaborative learning.

CHOW KIT YENG (AERIS CHOW)
Designation: HRDC Accredited Trainer (Specialize in International Trade)

#1: Certified Export Professional (CEP), European International University

#2: Master of Business Administration (MBA), INTI International University

#3: Licensed Practitioner of Neuro-Linguistic Programming (NLP), issued by AKLTG and certified and licensed by Richard Bandler under the Society of NLP, USA

#4: Competent Leader (CL), Toastmaster International

#5: Competent Communicator (CC), Toastmaster International

Aeris is an International Trade corporate trainer. She speaks on shipment management, customer management, sales and marketing, new market research and market entry strategies areas and etc.

Aeris has 17 years of corporate working experience in Fast Moving Consumer Goods (FMCG) industries. Her last tenure in Kellogg Asia Marketing Inc. is the Export Manager handling international markets including Pacific Islands and Asia Developing Markets.

Her highest achievements include leading the export department servicing 30 countries via distributor model, expanding export markets from 2 countries to 30 countries and also increased 70% sales value within a year.

She has trained multi-national companies (MNC) and small medium enterprises (SME) offline and online, In-house and public. Among her participants, Aeris is known for her applicable and job-related content that is delivered in a vibrant pace.  She is able to combine her international trade knowledge with real life experience for those on the job.  Aeris holds the esteemed Certified Export Professional (CEP) designation from European International University, demonstrating her commitment to excellence in the industry. Apart from that, Aeris is a content creator. She is passionate to share her international trade knowledge as well as current economic updates in her Youtube channel and LinkedIn platform.
Moreover, she is a NLP Practitioner and she was a Toastmaster who earned both Competent Leader (CL) and Competent Communicator (CC) designation. With that, Aeris would be able to add value when she conducts the training. Last but not the least, Aeris is a HRDC Accredited Trainer as well.

What did you like most about the course?

  • Very interactive and fun way of learning.
  • Interactive with trainer and easy to understand
  • The trainer is well trained and very knowledgeable.
  • Active session.
  • New knowledge.
  • Teamwork.
  • Explanation is clear.
  • Notes & Presentation.
  • Good participation from audiences & trainer.
  • Summary of presentation
Normal Fee Early Bird Group Fee
Sign up 1 pax Sign up 1 pax Sign up 3 pax or more
Pay 1 day(s) before course starts Pay 14 day(s) before course starts Pay 14 day(s) before course starts
MYR 3490 per pax MYR 2890 per pax MYR 2790 per pax
USD 1030 per pax USD 850 per pax USD 820 per pax

Upon successful completion of this program, you will receive a Certificate of Achievement.

Payment mode:

1. Online Payment by Credit card: You can opt to register and pay online with our latest payment integration system through our website.
2. Bank Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.
3. HRD Corp Claimable Courses Skim Bantuan Latihan Khas - Applicable to Malaysian Employer Only

We'd happy to help.
Feel free to talk to us today, however most suitable for you.
Mobile call/ whatsapp: +6012 6869 628 | +6018 2175 123
Office: +603 8074 9056
Email: info@itrainingexpert.com
Website: www.itrainingexpert.com

Share to your friends