International trade has been conducted by many companies for many years-in more recent times however, the growth in international sourcing/importing has meant that many companies have found they do not have the appropriate knowledge and know how.
This course intensive five-day course looks at the essentials of international trade and freight transport and logistics management. It will give a structured approach so you can analyses and then improve your international trade and freight operations.
Course Objectives
Upon successful completion of this course, the delegates will be able to:
- Gain the financial benefits that effective international supply chain management can bring
- Determine how time “secretly” builds up in supply chains and that time is cash
- Understand, recall and apply improvements after the course for work based application
- Apply best practices on trade and freight transport and logistics
- Understand the role of forwarding agents in international trade
- Understand transport and shipping operations
- Examine operations for cost/service improvements
- Examine financial benefits
- Control operations effectively
- Apply models for ongoing improvement programmes
- Analyse lead times
- Identify and understand cost / service improvements
- Succeed in improving operations
Who Should Attend?
This course is intended for those responsible for buying from overseas and for forwarding/import activities such as Traffic managers, forwarding managers, shipping managers, logistics/supply chain managers and expeditors. This course is also suitable for existing managers/supervisors, who need a “confirmation” of their current operation on supply, buying, purchase, logistics, materials and supply chain managers and those who are looking for business gains and benefits from managing their supply chains more effectively.
Course Outline
Day 1
The Supply Chain and Logistics Management
- Definitions of logistic and Supply Chain management
- The interrelations and connections of Buying, Making, Moving, and Selling activities
- History and the development
- A view of the future
- Key Aspects of Supply Chain Management
- The cost/service balance
- Customer service principles
- Lead times throughout the supply chain
- Adding value
- Production options/changes
- Trade off opportunities
- Rules for affective supply chain management
- The Benefits of adopting a Supply Chain approach
- Understanding the sub functional conflicts
- Benefits within and between functions
- Taking a supply chain view of total acquisition costs
- Accepting that competitive advantage comes from the Supply Chain
Day 2
International Trade
- Reasons for International Trade
- Why do people Buy/Sell overseas
- Features of International Trade
- Supply/Demand variables
- International Trade Terms of Sale and Delivery
- Incoterms
- Payments, Documents and Insurance
- Logistics viewpoints
- Customs and excise in International Trade
- System and process and operational activity
Day 3
Legal Documentation Aspects
- Legal aspects and Liabilities
- Agent and principal relationship
- Agent and carrier liabilities
- Terms and conditions of trading
- Contract terms used in International Trade
- The Documentation Chain
- Shipping instructions
- Letters of credit and banking procedures
- Movement documents
- Invoices and Packing lists
- Import licenses and controls
- Rent and demurrage charges
- Processing for customs clearance
Day 4
The Freight/Cargo Forwarding
- Freight/Cargo Transport Operations
- Mode characteristics and key features
- Full load movements to parcels and use of couriers
- Chartering, liner and Shared/Network services
- Freight calculations and Costing operations
- Best practice models for transport planning
- Service frequency
- Service provider variables
Day 5
Improvements
- Understand the Freight and Cargo Market
- Appreciate what influences this market
- Consider customs implications
- Select the Supplier
- Look for Added Value
- Monitor & Review
- A 5 step Model for Supplier and Supply Chain Development
- Benefits and Drawbacks
- Internal Issues
- Key Issues
Course Requirement
“Hand’s on practical sessions, equipment and software will be applied during the course if required and as per the client’s request”.
Course Certificate
International Center for Training & Development (ICTD) will award an internationally recognized certificate(s) for each delegate on completion of training.
Course Fees
To be advised as per the course location. This rate includes participant’s manual, hand-outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Course Methodology
A variety of methodologies will be used during the course that includes
- (30%) Based on Case Studies
- (30%) Techniques
- (30%) Role Play
- (10%) Concepts
- Pre-test and Post-test
- Variety of Learning Methods
- Lectures
- Case Studies and Self Questionaires
- Group Work
- Discussion
- Presentation
Course Timings
Daily Course Timings
08:00 - 08:20 Morning Coffee/Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee/Tea/Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Prayer & Lunch
13:30 - 15:00 Last Session
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