Incoterms are internationally accepted commercial terms that clarify responsibilities and costs between buyers and sellers. There are 13 incoterms that specify ownership transfer points and responsibilities like transportation costs, insurance, and import duties. Key documents in logistics include bills of lading, certificates of origin, commercial invoices, customs invoices, letters of credit, packing lists, dock receipts, and export declarations. These documents provide important transaction details and ensure compliance with customs and trade regulations. Logistics managers must understand incoterms and documentation requirements to properly allocate costs and responsibilities in international sales agreements.
Basic Shipping Documentation.
- An induction on the container transport, and its driving forces.
- Outlines of the parties and sectors who involve in the business.
- Outlines of the operation, and
- Introduction of the various key documents associated with each sector of the business, and their significance.
What documents are produced in facilitating the shipment cycle:
- Apart from the physical transportation of the goods from the buyer to the seller, there are various kinds of documents involved.
- This presentation aims at providing a basic knowledge on the key documents.
- For details on the documents, you may need to refer to the relevant text.
Basic Shipping Documentation.
- An induction on the container transport, and its driving forces.
- Outlines of the parties and sectors who involve in the business.
- Outlines of the operation, and
- Introduction of the various key documents associated with each sector of the business, and their significance.
What documents are produced in facilitating the shipment cycle:
- Apart from the physical transportation of the goods from the buyer to the seller, there are various kinds of documents involved.
- This presentation aims at providing a basic knowledge on the key documents.
- For details on the documents, you may need to refer to the relevant text.
Learn English vocabulary for international trade. International trade is a cornerstone of our global economy, as goods are constantly flowing by air and ship around the world. In this lesson, we’ll look at how it all works. Along the way, we’ll learn English vocabulary related to the process of international trade.
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...Mohammed Jasir PV
Documents involved in International trade: Statutory Documents, Financial Documents, Transport Documents, Risk Bearing Documents. INCOTERMS: C.I.F., F.O.B., C.I.P. Financing of Imports by Opening of Letter of Credit: Documents required, Trade and Exchange Control Formalities, Sanction of LC Limit. -- Export Finance: Financing of Export/ Deemed Export: Pre ship, and Post Ship Finance, Export Methods --, E.C.G.C. and other formalities. Uniform Custom Practices of Documentary Credits -- Uniform Rules Collection
Learn English vocabulary for international trade. International trade is a cornerstone of our global economy, as goods are constantly flowing by air and ship around the world. In this lesson, we’ll look at how it all works. Along the way, we’ll learn English vocabulary related to the process of international trade.
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...Mohammed Jasir PV
Documents involved in International trade: Statutory Documents, Financial Documents, Transport Documents, Risk Bearing Documents. INCOTERMS: C.I.F., F.O.B., C.I.P. Financing of Imports by Opening of Letter of Credit: Documents required, Trade and Exchange Control Formalities, Sanction of LC Limit. -- Export Finance: Financing of Export/ Deemed Export: Pre ship, and Post Ship Finance, Export Methods --, E.C.G.C. and other formalities. Uniform Custom Practices of Documentary Credits -- Uniform Rules Collection
INTERNATIONAL TRADE DOCUMENTS used in Export and Import Procedures are Commercial Invoice, Packing List, Certificate of Origin, Irrevocable Letter of Credit, Bill of Lading and CMR Document.
Seminar by Ravindran Raghavan on freight documentation and Incoterms 2010. Note that Incoterms may be revised and updated by ICC, hence read with caution as these contents could have become outdated when you download them.
1. Airway Bill
2. Bill of Lading
3. Other documentation for cargo shipment
4. Incoterms 2010 -EXW, FOB, CIF, DAP, DDP
TRANSPORT DOCUMENT more used for sea transport, road transport and air transport are CMR document, Bill of Lading, Airway Bill and Multimodal Bill of Lading.
Importing 101 defining the roles and responsibilities of various parties in a typical import transaction, basic documentation requirements, Incoterms, and potential issues
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
4. incoterms internationally accepted commercial terms that clearly allocate transportation and other costs, risks, customs, and insurance responsibilities between seller and buyer first developed by the International Chamber of Commerce in 1936 INternational COmmercial TERMS
5. incoterms 13 terms clarify when the ownership of the merchandise takes place used in conjunction with a sales agreement or other method of transacting the sale independent of contract for carriage of goods
11. Addendums are possible… CIF (named point) plus export packing is an example (export packing is normally seller’s responsibility) 13 Terms International Carriage Paid by the Seller
15. Terms of Sale - point in time and geography when things change…
16. Point of title transfer Risk of product loss Transportation Cost of the product Movement facilitation costs Terms of Sales Issues
17. Logistics Manager role take active role as these decisions impact costs and service quality should be involved in establishing policies regarding terms of sales (and purchases)
18. Should specify Incoterms, year, named points as appropriate Specify temporary exclusions over which seller has no control …force majeure…wars, natural calamities, labour strikes, etc.
41. If negotiable BOL..and is endorsed..title is transferred operates as a sight draft - payment must be made before goods turned over to buyer Ocean Bill of Lading
42.
43. also depends on country from which goods originateCertificate of Origin
67. Validated Export License a government-issued document that authorizes the export of controlled commodities to a specified foreign country within a specified time period Source: chagatrade.ru
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