Training course overview
Incoterms provide a standardized framework for organizations to establish international trade contracts, specifying the cost of goods movement, risk transfer from supplier to buyer, and management of liabilities via letters of credit. Effective logistics and supply chain management are crucial in navigating the complexities of global trade. Understanding blockchain technology and leveraging Internet of Things (IoT) applications from the outset of product import/export processes are essential in adapting to the evolving business landscape. This Coventry Academy International Trade & Logistic Operations Training Course offers a holistic approach to master International Trade, Logistics, and Supply Chain Management.
This Coventry Academy training course will cover:
- Different supply chain models and their design principles.
- Application and characteristics of Letters of Credit.
- Implications of Incoterms in common sales practices.
- Integration of Blockchain and IoT in Supply Chain management.
- Enhancing strategic sourcing to go beyond cost savings.
- Importance of effective planning in successful negotiations.