The International Chamber of Commerce (ICC) recently published some excellent flow charts that help one select an appropriate Incoterm for shipping, which can be downloaded from the ICC site.

However, having recently trained a number of supply chain professionals on Incoterms®, having a solid understanding of WHY an Incoterm presents risk and how it should be used based on common shipping scenarios is just as important. Especially in procurement, when Buyers, finance and legal team members are all working on different parts of creating shipping contracts with suppliers.

Exportspark offers businesses a customized Incoterms® training course that reviews the Terms and how to select and negotiate them, but is also built around the company’s product, geography and typical shipping scenarios. Training all staff members that touch shipping, importing or exporting in a company helps manage overall risk, lower costs and ensures your entire supply chain is on the same page.

Contact Exportspark today to book your own virtual, customized Incoterms® course for your company!