- Duration: 2 Days
Course details
PROGRAMME OUTLINE
1. International Trade Terms
- Meaning of EXW, FCA, FOB, CFR, CIF, etc…
- How to do quotation and prevent losses
- Using the latest terms to your advantage
- How to choose the right terms
- Incorporation of the trade terms into Contract
2. International Shipping Documents
- Importance and proper uses of documents
- Understanding B/L and AWB and its implications
- Operation of Packing List & Invoice
- Certificate of Origin – uses and applications
- How to apply for Shipping Guarantee
3. Cargo Insurance Policy
- Reasons for cargo insurance
- Changes in the insurance policy
- The Institute Cargo Clauses
- Exclusion Clauses
- Claims Procedures
- Documentation of claims
4. Letter Of Credit
- Applications of DA and DP
- Types of payment in international trade
- Step-by-Step operation of L/C
- Types of Letter of Credit
5. Import/Export Procedures
- Import procedures for air and sea
- Export procedures for air and sea
- Customs procedures and inspection
- Documentations needed for the procedures
- Clearance of cargo from seaport and airport
PROGRAMME OBJECTIVE
This seminar is designed to give participants an overview and an in-depth understanding and knowledge of the functions of the various shipping documents and the import/export procedures. This seminar aims to provide both the practical and theoretical aspects of the latest and the most effective ways doing import/export.
Updated on 08 November, 2015Course Location
About SMF Centre for Corporate Learning
The Singapore Manufacturing Federation (SMF), formerly known as the Singapore Manufacturers' Association, was first established in 1932. Its main aim is to champion the Singapore manufacturing sector. With a membership of over 2,800 corporate members ranging from MNCs to SMEs, SMa carries out a myriad of activities to enhance the competitive edge of our members.
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