Quality Dynamics Consultancy Sdn Bhd presents

Interpretation of INCOTERMS 2010

(by Mr. Stephen Kum )

objectives

At the end of the program, participants are able to:
-    Explaining the provisions and classification of Incoterms 2010
-    Learning the contractuals and constraints of Incoterms execution
-    Managing the risks and costs in the Incoterms distribution chain

program content

1.  Overview of Incoterms implied undertakings and dispute factors :
         -  The 4D’s of Define, Design, Detect, Defend in planning stage
         -  The 4C’s of Carriage, Customs, Contracts, Control
            in the chain
         -  The Seller and Buyer terms of Payment, Sales, Delivery, Title

2.  Understanding the contractual and volatile scope of Incoterms :
        -  The responsibilities and obligations of the seller
           and buyer
        -  The division and diversion of the costs and risks factors
        -  The closure of the supply and delivery contractual gaps

3.  Familiarizing the major terminologies of Incoterms and shipping :
        -  The multi definition of Carrier and Shipper in contracts
        -  The technical implication of executing Delivery Obligation
        -  The volatile application of Ports Points Place Premise

4.  Categorizing the main grouping of the 11 Incoterms usage :
        -  By sea and water-way transport versus other transport modes
        -  By all transport modes with cargo unloaded at destination
        -  By all transport modes with cargo loaded at departure

5.  Positioning the aggregate terms into Air, Sea, Ground execution :
        -  The terms and ruling of CIF, CFR, CIP, CPT
        -  The terms and ruling of EXW, FOB, FCA, FAS
        -  The terms and ruling of DAT, DAP, DDP
 
6.  Plotting the costs and risks lines between buyer and seller :
        -  Managing the factors of compliance and control
        -  Managing the cost of goods and payment of price
        -  Managing the risks transfer and costs division

7.  The 2010 ruling of Chain of Custody and String Sales transaction:
        -  Understanding the security threats and avoidance
        -  Understanding the preservation of cargo inherent nature
        -  Understanding the fulfillment of ownership transfer.

8.  The 2010 ruling of  control and compliance factors provisions:
        -  The contract of insurance and carriage executed
        -  The transfer of risks and allocation of costs required
        -  The tendering and terminating of delivery obligations

methodology

A seminar based workshop with group assignments for interactive
activities and reinforcement of learning points

who must attend

Recommended for managers and executives in the department of
Finance, Costing, Planning, Logistics, Shipping, Procurement, Marketing.

investment fee / early bird by 14/05/2013

Standard: RM 1,395.00 / RM 1,295.00 per participant

Group discount: RM 1,295.00 / RM 1,195.00 per participant for a minimum of 2 participants from the same company

(Fee inclusive of Refreshment, Buffet Lunch, Training Bag, Handouts,  & Certificate of Completion)

registration & payment

PROGRAMS ARE CLAIMABLE UNDER SBL SCHEME

Please register online through www.qdc.com.my or call 03-78054587 / 03-78044196. Our phone line operation hours are from 8:30am to 6:00pm from Monday to Friday.

All registration MUST be accompanied with PAYMENT.

Completed registration form with CHEQUES should be made in favor of "Quality Dynamics Consultancy Sdn Bhd" and sent to:

QUALITY DYNAMICS CONSULTANCY SDN BHD
No. 343, Block A, Kelana Centre Point, No.3 Jalan SS7/19,
Kelana Jaya, 47301 Petaling Jaya,
Selangor, Malaysia.

Tel : 03-78054587 / 03-78044196
Fax: 03-78054514
E-mail: training@qdc.com.my
( Wani/ Thang )

PSMB Reg: 0938

(FEE PAID IS NOT REFUNDABLE but replacement may be made at no additional cost. Quality Dynamics Consultancy Sdn Bhd reserves the right to cancel or reschedule the above course and shall inform participants of the changes)

COURSE FACILITATOR - MR. STEPHEN KUM