Managing Intermodal Freight & Incoterms

About this programme

Managing Intermodal Freight & Incoterms programme is a systematic approach to coordination and handling of the transportation of goods using multiple modes of transportation such as ship, rail, and truck. The programme involves considering factors such as mode selection, cost, transit time, and reliability of each mode in order to choose the most appropriate mode for the shipment.

Incoterms, on the other hand, are international trade terms defined by the International Chamber of Commerce (ICC) to clarify the responsibilities of buyers and sellers in the delivery of goods. Incorporating Incoterms into the freight management program helps to define the responsibilities of the parties involved and reduce the risk of misunderstandings and disputes.

The Managing Intermodal Freight & Incoterms programme aims to ensure a smooth and efficient shipment process by proper coordination between modes and effective communication with the various stakeholders involved. It also helps to reduce the cost and increase the reliability of the shipment by choosing the most appropriate mode and Incoterm.

This programme is developed by Singapore Institute of Purchasing and Materials Management (SIPMM), with industry advisory from global providers and organisations that provide career pathways and job specifications for skills upgrading and mastery. The programme is facilitated by an expert trainer, who has extensive years of experience holding leadership positions in logistics, procurement, and supply chain management. The training session is expected to be lively and interactive, interspersed with relevant exercises and modern case studies on intermodal freight and incoterms.

Why should you enrol in this programme?

Enrolling in a Managing Intermodal Freight & Incoterms programme can bring several benefits to individuals or organisations involved in the transportation and delivery of goods:

1. Improved Supply Chain Management: This program provides knowledge and skills to coordinate and manage freight transportation effectively, leading to improved supply chain management.
2. Increased efficiency and cost savings: By choosing the most appropriate mode and Incoterm for each shipment, organizations can reduce their shipping costs and increase the efficiency of their supply chain.
3. Reduced risk of misunderstandings and disputes: Incoterms help to clarify the responsibilities of the parties involved in the delivery of goods, reducing the risk of misunderstandings and disputes.
4. Enhanced competitiveness: Effective intermodal freight management and Incoterms knowledge can help organisations stand out in the market, as they are able to provide a more efficient and cost-effective delivery of goods.
5. Professional development: The programme provides a comprehensive understanding of intermodal freight management and Incoterms, enhancing the professional development of individuals involved in the field.

Who should enrol in this programme?

The Managing Intermodal Freight & Incoterms programme is suitable for a range of professionals involved in the transportation and delivery of goods, including:

1. Supply chain and logistics managers: These professionals are responsible for overseeing the transportation of goods and would benefit from a comprehensive understanding of intermodal freight management and Incoterms.
2. Freight forwarders and customs brokers: These professionals play a critical role in coordinating and managing the transportation of goods and would benefit from the knowledge and skills acquired in this programme.
3. Trade and import/export professionals: Understanding the responsibilities of buyers and sellers in the delivery of goods as defined by Incoterms is critical for trade and import/export professionals.
4. Operations and procurement professionals: These professionals are responsible for ensuring the timely and cost-effective delivery of goods and would benefit from the knowledge and skills acquired in this programme.
5. Small business owners and entrepreneurs: For small business owners and entrepreneurs involved in the transportation and delivery of goods, enrolling in this program can help them to reduce costs, increase efficiency, and enhance their competitiveness in the market.

How can you benefit from this programme?

Enrolling in a Managing Intermodal Freight & Incoterms programme can bring several benefits, including:

1. Improved supply chain management: The programme provides knowledge and skills to coordinate and manage freight transportation effectively, leading to improved supply chain management.
2. Increased efficiency and cost savings: By choosing the most appropriate mode and Incoterm for each shipment, individuals and organizations can reduce their shipping costs and increase the efficiency of their supply chain.
3. Reduced risk of misunderstandings and disputes: Incoterms help to clarify the responsibilities of the parties involved in the delivery of goods, reducing the risk of misunderstandings and disputes.
4. Enhanced competitiveness: Effective intermodal freight management and Incoterms knowledge can help individuals and organisations stand out in the market, as they are able to provide a more efficient and cost-effective delivery of goods.
5. Professional development: The programme provides a comprehensive understanding of intermodal freight management and Incoterms, enhancing the professional development of individuals involved in the field.
6. Better decision making: With a comprehensive understanding of intermodal freight management and Incoterms, individuals and organisations can make informed decisions regarding the transportation and delivery of goods.
7. Career advancement: The skills and knowledge acquired through the programme can help individuals to advance their careers and take on more responsibility in their current role or pursue new opportunities in the field of intermodal freight management and Incoterms.

Qualify for Accredited Designation Award

At the end of this programme, each participant will attain a Certificate of Competency. This specialised Certificate of Competency is awarded by Singapore Institute of Purchasing and Materials Management (SIPMM) and is accredited by Logistics Institute of Singapore. When a participant attains 3 Competency Certificates, the participant can qualify for the Accredited Designation award. For more information about the qualifying criteria for the Accredited Designation award, please visit https://sipmm.edu.sg/ada/.