Import Practices


  • Export/Import MGT
    The Export and Import Practice Management course contains practical lessons in global trading which deals with the most important aspects of importing and exporting, including approaches
    Export Marketing
    Export Marketing Online is designed to provide a broad comprehensive background knowledge, conceptual understanding, tools and strategies to help companies make informed export
    Export Practices
    Export Practice is designed for individual entrepreneurs, small and medium sized companies obtain a broad comprehensive foundation of exporting and the knowledge and skills necessary to work
    Import Practices
    Import Practices is designed for individual entrepreneurs, small and medium sized companies obtain a broad comprehensive foundation of the knowledge and skills necessary to import and or to work
  • Import Practices – 3 Modules

    “Import Practices” is designed for individual entrepreneurs, and small and medium-sized companies to obtain a broad comprehensive foundation of the knowledge and skills necessary to import and or to work in a variety of industry sectors in and functions of international trade.

    Module I: 
    Import Process and Requirements— participants will explore the fundamentals of effective import decisions. This Module provides insight into the essentials of import success, including the role of Customs and Customs House Brokers. Informal and Formal Entry, the Customs clearance process, Informed Compliance, the importer’s responsibilities, the basics of classifying your product under the Harmonized Tariff Schedule, and Country of Origin Marking will be discussed.

    Module II: Documents and Methods of Payment— examines the simultaneous flow of documents, goods and payments in an import transactions. The documents Customs needs on your import shipment, the different categories of international trade documents, proforma invoice, commercial invoice, major Incoterms-2010, and reasons for Customs examination will all be covered. Payment methods, including advanced payment, open account, consignment, documentary collection, and letter of credit, will also be addressed.

    Module III: Selling Your Imported Product— explores effective marketing strategies to sell your product before or after product is imported. Marketing concepts and product life cycle, pricing strategies, common pricing mistakes, distribution methods and promotion will be covered. Calculating landed cost, identifying suppliers using the Internet and agency agreements will be examined.

    What to Expect

    This courses are designed around active participation and online interaction, you may take part in asynchronous or synchronous review sessions webinar discussions with the instructor and other course participants. Expect to spend 3 to 4 hours for each Module to complete the assignments, read the materials, take part in the discussion forum and participate in review sessions (optional).

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    Course Delivery

    This course is taught entirely online, using Moodle Course Management System, and is designed around participation and online interaction. This course encourages participants to share their export/import experiences, knowledge and business world events that supports the material in each Module.