Managing Intermodal Freight & Incoterms

What you will be able to do

By the end of this programme you will be able to:

• Apply Incoterms classification, carrier responsibility and the obligations of buyers and sellers
• Incorporate Incoterms when drafting international contracts
• Assess trade barriers and risks in managing international freight
• Use financing mechanisms and digital payments for cross-border trade
• Address revenue recognition for contract assets

Programme outline

Incoterms set the obligations of buyers and sellers in an international contract, and they carry implications for both the contract and risk management. This programme covers Incoterms classification and carrier responsibility, the obligations of buyers and sellers, and the trade barriers and risks for managing international freight, alongside the key activities for managing intermodal freight and the digital impact on international freight and trade financing. On completion you will be able to incorporate Incoterms when drafting international contracts, apply the financing mechanism and digital payments for cross border trade facilitation, and address revenue recognition for contract assets.

1. Digital Impact on International Freight and Trade Financing
2. Key Activities for Managing Intermodal Freight
3. Trade Barriers & Risks for Managing International Freight
4. Incoterms Classification & Carrier Responsibility
5. Obligations of Buyer & Sellers in Incoterms
6. Implications and Impact of Incoterms on International Contract & Risks Management
7. Incorporating Incoterms & Drafting International Contracts
8. Financing Mechanism & Digital Payments for Cross Border Trade Facilitation
9. Revenue Recognition for Contract Assets
10. Key Success Factors of International Trade
11. Practical Exercises on Intermodal Freight and Incoterms

Who should attend

You agree delivery terms on cross-border shipments and live with the obligations they create. The programme suits Shipping Executives, Import and Export Officers, Freight Coordinators, Contracts Officers and Logistics Managers who select Incoterms or draft international contracts. Procurement and sales staff whose agreements turn on which party bears cost and risk at each stage will also benefit.

Approving this for your team? The programme is suitable for staff development budgets, and SIPMM can invoice your organisation directly and arrange group registrations.

Your trainer

The trainer has extensive experience holding leadership positions in logistics and supply chain, and the sessions include exercises on international freight and Incoterms.