The new Incoterms 2020 is now in effect. Is your organization aware of the latest changes in the latest release? Is your team equipped with the right knowledge to ensure that the conditions are properly applied in your purchase orders with suppliers, contracts with customers, logistics and inventory implications etc.

The COVID19 pandemic has focused the attention on crisis management in the past few months. As many countries are now gradually easing back to normality, we are launching the Incoterms 2020 workshop to provide a practical take on training of how your teams can be educated on the latest changes and learn how it will apply in your work as a planner, buyer, sales manager, customer service manager, logistics manager and finance analyst.

Incoterms 2020 Workshop

To prepare your organization to transition to the new Incoterms 2020 rules, BCI Global has developed a hands-on Incoterms 2020 Workshop consisting of 2 modules.

Training Module 1: What has changed in Incoterms and how does it affect you?

Dates:

  • July 24, 2020 — 13:00-17:00 SGT
  • August 28, 2020 — 13:00-17:00 SGT

Topics covered in this module:

  • Snapshot of Incoterms 2020 changes
  • Overview of what areas of the organization are impacted by the changes
  • Workshop with participants to map out current state of Incoterms usage and organization setup which are impacted
  • Assessment of risks for each organization area which are impacted if continued as-is

What will you learn?

  • How will Incoterms 2020 changes affect you and in which area of your organization?
  • Is your organization setup robust for good incoterms practices?
  • What are the risks for your current Incoterms practices?
  • What are the areas of concern from your peers on your current Incoterms practices?

Training Module 2: How do you manage the incoterm change to maximize its benefits?

Dates:

  • August 21, 2020 — 13:00-17:00 SGT
  • September 18, 2020 — 13:00-17:00 SGT

Topics covered in this module:

  • Overview of what are the “best-in-class” practices or state of operations for Incoterms usage
  • Assessment of gaps between the current setup and the “best-in-class”
  • Provide a targeted review and discussion of the case studies for the organization
  • Proposed implementation roadmap for the case studies for the organization

What will you learn?

  • What are the recommended practices for handling Incoterms?
  • What are the areas you can look at to mitigate risks for the organization in Incoterms management?
  • How do you manage change from current practices to the recommended practice for Incoterms management?

Training information

Trainers: Sui Leng Khoo, Vice President Asia Pacific and Boon Kiat Lim, Senior Consultant
Duration: 4 hours
Location: virtual training
Costs:
- module 1: USD 100 (excl VAT)
- module 2: USD 295 (excl VAT)
- Combination: USD 395 (excl VAT)

Interested?

Send an email with your request to participate in this to boonkiat.lim@bciglobal.com. This training is specifically developed for supply chain, order management, finance, logistics, sales, procurement, customer service managers within their company. BCI Global will match your request to participate with the intended audience of this webinar. In a confirmation email you will receive more information on the technical details.

For more information about the program contact Boon Kiat Lim, boonkiat.lim@bciglobal.com or call at +65-69558402.

Find out more about Supply Chain Strategy & Implementation.

 

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