Online bitesize business clinic: Understand Incoterms Rules
Incoterms are essential terms of trade for the sale of goods…
Incoterms are essential terms of trade for the sale of goods.
If used correctly, they can avoid uncertainty, minimise delay and facilitate smooth operations, transport and payment. If you agree to use a term without understanding the full implications for your business, can result in unexpected costs, obligations and delays.
The live webinar session will be with an expert in Incoterms who will review the changes in Incoterms 2020 that have recently been implemented by the ICC. This will also cover how the terms should be practically used and what they should not be used for. There will be an overview of the frequently used Incoterms, any associated changes and common mistakes that are made. Finally the webinar will conclude with a question and answer session for attendees to discuss specific Incoterm issues. The webinar will be recorded and distributed to attendees if required.
This course is most suitable for people working in a sales or in an International Trade Department.
Incoterms® 2020 is available on ICC’s new e-commerce platform in both print and digital formats.