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TYPES OF DOCUMENTATION AND PROCEDURES IN GLOBAL TRADE
- The Commercial documents of Supplier’s Quotation, Purchase Order, Sales Confirmation Order, Proforma Invoice, Commercial Invoice, Supply and Delivery Contract
- The Transportation documents of Airway Bill, Bill of lading, Shipper’s Letter of Instruction, Export Shipping Instruction, Shipping Order and Delivery Note
- The Statutory documents of Certification of Compliane, Certificate of Origin, Fumigation Certificate and Cargo Inspection Report
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10:45 |
THE PAYMENT OF GOODS AND SERVICES IN GLOBAL TRADE
- The methods of trade payment from Open Account, Payment in Advance, Documentary Collection and Documentary Credits
- The principles of Documentary Credit ( Letter of Credits)
in the financial undertakings. The types of Letter of Credits from Irrevocable Confirmed to Revocable. The general conditions of a Letter of Credit and the common discrepancies in Letter of Credits Instructions
- The Uniformed Customs and Practices (UCP) 600 Implementation focusing the standard for examination of documents. The Uniformed Rules for Collection (URC) 522 focusing on the relevant steps.
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2:00 |
LOGISTICS EMPOWERMENT IN GLOBAL TRADE MOVEMENT
- The precautionary undertakings of Cargo Safety, Consignment Security, Conveyance Integrity. The constraints and challenges of Commercial Status, Operational Standard, Statutory Specification
- Logistcs objecives in achieving the terms of Payment, Sales, Delivery, Title, between transaction parties
- The frictions and barriers of the 3 critical flows of Document, Cargo and Process from origin point to destination point. The value drivers of logistics on the change of Time, Place, Form and Utuility.
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