Buying From Abroad
ENDED
Short Course by
PMS - Purchasing Management Services
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On-Site
/ Short Course
GBP 595.00
Details
Who should attend?
Intended for purchasing personnel who wish to take advantage of the benefits and opportunities of international trade but to also effectively manage the many complexities of international procurement.
Outcomes
This course comprehensively covers the added challenges of buying globally. Attendees will learn how to manage currency and payment, understand customs and import procedures and be able to ensure the enforceability of the buyer’s requirements across differing legal systems. The necessity for uniformity of understanding and interpretation of contractual obligations between the buyer and seller is emphasised together with practical methods of achieving these key requirements. Transportation, freight rates and the revised ICC Incoterms are also covered
Intended for purchasing personnel who wish to take advantage of the benefits and opportunities of international trade but to also effectively manage the many complexities of international procurement.
Outcomes
This course comprehensively covers the added challenges of buying globally. Attendees will learn how to manage currency and payment, understand customs and import procedures and be able to ensure the enforceability of the buyer’s requirements across differing legal systems. The necessity for uniformity of understanding and interpretation of contractual obligations between the buyer and seller is emphasised together with practical methods of achieving these key requirements. Transportation, freight rates and the revised ICC Incoterms are also covered
Outline
COURSE CONTENT
Opportunities & Challenges
The Added Risks of International Sourcing / International Purchasing Strategy / Sourcing & Evaluation of Overseas Suppliers / Communication / Distance / Dealing with Cultural & Ethical Issues / Corporate Social Responsibility & Environmental Factors / Role of the International Chamber of Commerce (ICC).
The Enquiry Package
Getting Uniformity of Interpretation & Understanding / Product Specification / Documentation / CE Marking / Packing & Labelling / Incoterms & Shipment.
Legal Complexities of International Trade
Differing Legal Systems / Conflict of Laws / International Sale of Goods Convention / ICC Model Contracts / The Unidroit Principles for Commercial Contracts / Challenges of Enforcement & Jurisdiction / The Implications of The Brussels, Lugano & Rome Conventions / Using International Commercial Arbitration.
Currency & Payment
Handling Currency Fluctuations / Risk & Speculation / Matching & Multilateral Netting / Currency Options / Forward Exchange Contracts / Open Account / International Money Transfer / Bills of Exchange / Documentary Credits (Letters of Credit) / Cash Against Documents / Protecting Payments / Advanced Payment Guarantees.
Incoterms
ICC Incoterms 2010 / When does Risk & Cost Pass? / Critical Points / Insurance & Compensation for Loss or Damage / Selecting the Correct Term / Common Misconceptions.
Transportation
Modes / Selection / Packaging / Freight Rates / Volumetric Weight / Insurance / TIR.
Documentation
Bill of Lading / Sea Waybill / FIATA Multi Modal Bill / Truck Waybill / Air Waybill / Standard Shipping Note / Commercial Invoice / Certificate of Insurance / Certificate of Origin / Pre-Shipment Inspection Certificate / Affect of the Transportation Conventions.
Import and Custom Procedures
HM Revenue & Customs / The European Union / Goods in Free Circulation / Import Declarations / Import Licences / Import Duty / Valuation of Imports / VAT / Additional Levies / ADD / Relief from Duty / Tariff Quotas / Preference Rates / IPR / PCC / End User Relief / Simplified & Accelerated Procedures at Import / CFSP / LCP / Customs Warehousing / Inland Clearance Depots / Free Zones.
Opportunities & Challenges
The Added Risks of International Sourcing / International Purchasing Strategy / Sourcing & Evaluation of Overseas Suppliers / Communication / Distance / Dealing with Cultural & Ethical Issues / Corporate Social Responsibility & Environmental Factors / Role of the International Chamber of Commerce (ICC).
The Enquiry Package
Getting Uniformity of Interpretation & Understanding / Product Specification / Documentation / CE Marking / Packing & Labelling / Incoterms & Shipment.
Legal Complexities of International Trade
Differing Legal Systems / Conflict of Laws / International Sale of Goods Convention / ICC Model Contracts / The Unidroit Principles for Commercial Contracts / Challenges of Enforcement & Jurisdiction / The Implications of The Brussels, Lugano & Rome Conventions / Using International Commercial Arbitration.
Currency & Payment
Handling Currency Fluctuations / Risk & Speculation / Matching & Multilateral Netting / Currency Options / Forward Exchange Contracts / Open Account / International Money Transfer / Bills of Exchange / Documentary Credits (Letters of Credit) / Cash Against Documents / Protecting Payments / Advanced Payment Guarantees.
Incoterms
ICC Incoterms 2010 / When does Risk & Cost Pass? / Critical Points / Insurance & Compensation for Loss or Damage / Selecting the Correct Term / Common Misconceptions.
Transportation
Modes / Selection / Packaging / Freight Rates / Volumetric Weight / Insurance / TIR.
Documentation
Bill of Lading / Sea Waybill / FIATA Multi Modal Bill / Truck Waybill / Air Waybill / Standard Shipping Note / Commercial Invoice / Certificate of Insurance / Certificate of Origin / Pre-Shipment Inspection Certificate / Affect of the Transportation Conventions.
Import and Custom Procedures
HM Revenue & Customs / The European Union / Goods in Free Circulation / Import Declarations / Import Licences / Import Duty / Valuation of Imports / VAT / Additional Levies / ADD / Relief from Duty / Tariff Quotas / Preference Rates / IPR / PCC / End User Relief / Simplified & Accelerated Procedures at Import / CFSP / LCP / Customs Warehousing / Inland Clearance Depots / Free Zones.
Speaker/s
Course Presenter
Gareth Roden, BA (Hons), MCIPS
The course presenter is Gareth Roden, Managing Director of the long established and renowned training company Purchasing Management Services (PMS). Gareth presents training courses at venues around the UK and internationally across all business sectors and has trained delegates from such high-profile organisations as Panasonic, The Ministry of Defence, HSBC, Toyota, Virgin East Coast, Jet2.Com, BAE Systems, Nestlé, Met Office and the London Underground.
Gareth has been with PMS for 16 years and his hands-on experience and dynamic presentation style have made him a very popular and highly respected presenter.
Prior to joining PMS, Gareth held senior management positions in both public and private sector procurement including automotive, mining and mechanical engineering businesses specifically: -
Lucas Automotive (Production Materials Buyer) British Coal Corporation (Contracts Officer, Supply & Contracts Manager, Group Asset Manager) Qualter, Hall & Co Limited (Purchasing & Stores Manager).
The various posts have provided Gareth with significant experience in the procurement of capital equipment, bulk material supply contracts, consumables, services and site installation projects. These activities also included the management and development of purchasing teams and departments plus the financial, physical and safety responsibilities for the operation of stores, stockyards and workshop facilities.
Gareth is degree educated and a Member of the Chartered Institute of Purchasing & Supply and was for many years a committee member of the Institute’s South Yorkshire Branch.
During his studies for membership to the Institute he was awarded the subject prize in marketing.
Gareth Roden, BA (Hons), MCIPS
The course presenter is Gareth Roden, Managing Director of the long established and renowned training company Purchasing Management Services (PMS). Gareth presents training courses at venues around the UK and internationally across all business sectors and has trained delegates from such high-profile organisations as Panasonic, The Ministry of Defence, HSBC, Toyota, Virgin East Coast, Jet2.Com, BAE Systems, Nestlé, Met Office and the London Underground.
Gareth has been with PMS for 16 years and his hands-on experience and dynamic presentation style have made him a very popular and highly respected presenter.
Prior to joining PMS, Gareth held senior management positions in both public and private sector procurement including automotive, mining and mechanical engineering businesses specifically: -
Lucas Automotive (Production Materials Buyer) British Coal Corporation (Contracts Officer, Supply & Contracts Manager, Group Asset Manager) Qualter, Hall & Co Limited (Purchasing & Stores Manager).
The various posts have provided Gareth with significant experience in the procurement of capital equipment, bulk material supply contracts, consumables, services and site installation projects. These activities also included the management and development of purchasing teams and departments plus the financial, physical and safety responsibilities for the operation of stores, stockyards and workshop facilities.
Gareth is degree educated and a Member of the Chartered Institute of Purchasing & Supply and was for many years a committee member of the Institute’s South Yorkshire Branch.
During his studies for membership to the Institute he was awarded the subject prize in marketing.
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PMS provide a range of first class training courses presented by our expert tutors.
Gareth Roden is the principal tutor and managing director of PMS. He has held senior management positions in both public and private sector procurement in automotive, mining and mechanical engineering businesses. His hands-on experience and dynamic presentation style enable Gareth to act as the ideal leader of our interactive courses.
Gareth Roden is the principal tutor and managing director of PMS. He has held senior management positions in both public and private sector procurement in automotive, mining and mechanical engineering businesses. His hands-on experience and dynamic presentation style enable Gareth to act as the ideal leader of our interactive courses.
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