International Purchasing Made Simple
Starting dates and places
Description
Purchasing some of your requirements from overseas can be an important way of broadening your supplier base and of benefiting from real savings in cost.Even allowing for transport, currency and importation expenses the total cost of procurement can often be very attractive and can allow you to purchase to your exact specification.
Many UK procurement professionals avoid purchasing from overseas in order to “keep things simple". They believe it is much more difficult to deal with overseas suppliers than to stick with the local UK, market.
This can mean lost opportunities.
This 2-day course is intended for experienced UK purchasing professionals who are
interested to explore the opportun…
Frequently asked questions
There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.
Even allowing for transport, currency and importation expenses the total cost of procurement can often be very attractive and can allow you to purchase to your exact specification.
Many UK procurement professionals avoid purchasing from overseas in order to “keep things simple". They believe it is much more difficult to deal with overseas suppliers than to stick with the local UK, market.
This can mean lost opportunities.
This 2-day course is intended for experienced UK purchasing professionals who are
interested to explore the opportunities overseas sourcing can bring.
The course will allow participants more readily to understand the processes involved in import trade. It can also
be useful to those newer to procurement processes, just so long as they have a sound basic understanding of the subject.
Topics covered will include:
Buying under Incoterms 2010
- Choosing the correct term of delivery
- How to lower your Purchase price through preferential Trade.
- The correct Import Commodity Code
- Rate of Import duty
- Tariff Quotas
- Anti Dumping duties
- Import Licence requirements
Marine Insurance
- Identifying the correct insurance cover for your purchases.
- Make sure you receive the correct quantity and quality from your overseas seller
The five ways to successfully source your suppliers.
Methods of payment in International Trade
- Term and sight Bills of Exchange.
- Cash against documents
- Documentary Letters of Credit.
- Understanding how Air and Sea freight rates are constructed
- Building the most appropriate and favourable terms and conditions into your contract
- Make sure your clearing agents gives you the specific service you require
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Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.