A one day course for those new to forwarding, designed to allow delegates to gain basic experience of the overall processes. This course focuses on the requirements of forwarders and intermediaries. Whilst the website may allow you to book places, this is not a guarantee or confirmation of those places. New dates will be added as soon as they become available.
Course Topics
Preparing to Trade and Documentation
These combined modules explain key information and common documentation required to enable goods to be imported or exported. We will focus on the relationship between the buyer and seller. (40 minutes)
Incoterms 2020
In this session we will simplify what Incoterms are and their purpose. Again, we will focus on the buyer, seller and forwarder relationship as well as valuation for Customs purposes. (1h 15 minutes)
Modes of Transport
Delegates will learn the features and benefits of the various modes of transport and equipment. We will compare the modes in order to make the best decision for the customer regarding most appropriate choice for their shipment. (45 minutes)
Insurance
We will cover the different policy types, how they’re obtained, the levels of cover, limits of liability and discuss the factors that can affect premiums. (40 minutes)
Bookings and Consolidations
In this session we will focus on the requirements needed to ensure that goods are booked correctly and the information that may be needed. We will then explain the principles of a consolidation across all the main modes of transport, including the economics, process and practical issues that you may encounter. (50 minutes)
Charges and Costings
Delegates will learn about volume conversion for different modes of transport, including density factors. We will also include all the elements required when quoting. The assessment for this module will be to complete an actual quotation. (45 minutes)
By the end of this course, you will be able to:
- Determine and identify all the common documents that may be needed in forwarding depending on their customs regime
- Define all Incoterms 2020, their role and responsibility in the terms of sale and valuation for customs
- Explain the basics of modal selection and their respective features and benefits
- Understand the basics of insurance protection and liability
- List typical information that may be needed as part of booking shipments
- Explain the principles of a consolidation, economics and practical operational issues
- Calculate volumetric conversion for all modes of transport and transfer them to actual shipments
