Export/Import Practices Management

Export and Import Practices Management: 5 Modules

The Export and Import Practice Management course contains practical lessons in global trading which deal with the most important aspects of importing and exporting, including approaches to them, required documents, payment methods, financing options, shipping, insurance, marketing, and legal and cultural considerations. These highly interactive, outcome-based Modules are designed to give import and export businesses the upper hand to maximize sales and reduce costs by managing their import and export operations effectively.
Module I: Export and Import Processes and Requirements—discusses the steps to take to clear merchandise through Customs, including filing for entry, calculating duty charges, classifying products using the Harmonized Schedule (HS), the inspection of goods, and liquidation (by which Customs determines the final duty and any applicable taxes). This module will identify and address basic export concepts, company readiness to export and/or import, evaluate a product’s and country’s potential. It also includes identifying assistance programs that will help your company become competitive in targeted markets.
Module II: Export and Import Documents and Incoterms 2010— covers the most common documents used in export and import transactions. Compares the different categories of international trade documents including commercial, banking, transportation, insurance, and government control. Emphasis will be given to Customs documents, including Shippers Export Declaration, Proforma Invoice, Commercial Invoice and Bill of Lading. Examines INCOTERMS 2010 by identifying the responsibilities of importers and exporters in a transaction.
Module III: Export and Import Payments and Financing— identifies and discusses payment options, including open account, prepayment, documentary collection, consignment, and letter of credit. This Module will help you analyze the risks associated with each payment method, discusses the major advantages and discrepancies in a letter of credit, and identifies import and export financing options.
Module IV: Export Marketing and Marketing Imported Products— considers marketing techniques that can be used once the product clears Customs. The marketing mix of product, price, place (distribution), and promotion will be addressed. This Module will also examine the differences between domestic and international marketing, the roles of distributors and agents, and various tariff and non-tariff barriers, as well as the international promotion assistance.
Module V: Export and Import Shipping and Insurance— Discusses the role of Custom House Brokers and Freight Forwarders, the different insurance coverages available, costs associated with import and export shipment, and benefits possible from Foreign Trade Zone, ATA Carnet and other temporary importation programs.

What to Expect

These courses are designed around participation and online interaction. You may take part in asynchronous or synchronous review sessions with the instructor. Expect to read the materials, and take part in the discussion forum. Participation in the review sessions is optional.
Course Delivery

The courses are taught entirely online, designed around participation and online interaction. Each session encourages participants to share their export/import experiences, knowledge and business world events that support the material in each Module