Training course overview
Incoterms is a broad definition and makes it simple for organisation to set contractual agreements in international trade. They govern the actual cost of the movement of goods, when the risk transfer from supplier to buyer and managing liabilities issues through letter of credits.
The management of logistics and supply chain operation is a component essential and can be complex in our international trade and global economy. It is important to understand the new normal through blockchain technology. The application of Internet of things must be envisioned from the moment an organisation effects its export or import of product.
This Coventry Academy online training course will feature:
- The different supply chain models and design
- The application and characteristics of Letter of Credit
- Implications of Incoterms “series of three-letter trade terms” related to common
- contractual sales practices
- The application of Blockchain and "Internet of things"(IOT) in Supply Chain
- Improving strategic sourcing activities, moving the process beyond cost saving
- The importance of planning in successful negotiations