Inventory Management (I and II)

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Inventory Management (I and II) Course
Introduction:
In these challenging times, foreign trade can be a valuable avenue for expanding your market. This course offers essential knowledge on effectively navigating the complexities of international trade, ensuring timely and hassle-free transportation of your products to and from customers and suppliers. By mastering the intricacies of foreign trade, you can safeguard your company's investments and ensure the secure delivery of your products to their intended destinations.
Through this course, you will gain insights into successfully managing relationships with banks, freight forwarders, customs brokers, and foreign customers. Understanding the roles and responsibilities of these key stakeholders is crucial for seamless international trade operations. Additionally, you will learn how to leverage the necessary documents and paperwork to optimize transportation costs and ensure the timely execution of your orders.
Transportation is a critical function that is often overlooked but can significantly impact business operations and costs. By focusing on efficient control and administration of operations and transport equipment, you can unlock substantial benefits. This course will equip you with the knowledge and tools to streamline your transportation processes, minimize delays, reduce costs, and enhance overall operational efficiency.
By enrolling in this course, you will gain the skills and expertise needed to navigate the complexities of foreign trade. You will learn how to overcome logistical challenges, mitigate risks, and optimize your supply chain to maximize profitability. Whether you are a business owner, manager, or aspiring professional in the field of international trade, this course will provide you with the necessary insights to excel in this dynamic and competitive landscape.
Join us and discover the keys to successful foreign trade. Learn how to expand your market reach, protect your investments, and ensure the timely and secure delivery of your products. By mastering the intricacies of international trade, you can unlock new opportunities for growth and profitability in today's globalized economy.
Course Objectives:
By the end of this course, participants will be able to:
- Discover the latest foreign trade guidelines and regulations
- Get freight forwarders and bankers to work together to solve your logistics problems
- Identify and understand key performance indicators
- Best in class practices
- Maximize the services of general and bonded warehouses
- Avoid excessive duties by using foreign trade zones wherever and whenever possible
- Avoid the pitfalls of improper documentation
Who Should Attend?
Foreign trade managers, traffic managers, shipping department personnel, international marketing managers, customer service staff, controllers, purchasing managers, and directors of procurement or logistics.
Course Outlines:
- The Role of the Transport in logistics and supply chain
- Objectives, roles, and responsibilities
- Definitions and uses of transport
- Checklist to undertake an initial analysis of operations
- Transport modes and methods speed, cost and reliability variables choosing transport modes
- Checklists on advantages/disadvantages of alternative modes
- Understand the Fundamental Knowledge Areas of International
- Trade
- Give an overview of the risks inherent to the foreign trade field
- Explain the importance of being detail-oriented and of complying with foreign trade regulations
- Evaluate how trends in third-party logistics impact your decisions with regard to how you run your import/export operations
- List & explain the Primary Documents Required to Export and Import Goods
- List & explain the factors used to determine duties and taxes on your goods
- Explain the importance of understanding and controlling the terms of sale Incoterms
- Set Performance Standards for Your Forwarder(s)
- Control import & export costs by using consolidators
- Use technology to gain a competitive advantage in global trade
- Road freight transport: legislation
- Identifying the typical costs involved
- Checklists on vehicle productivity, vehicle costs, and fuel economy
- Service level analysis
- Operator licensing
- Getting costs under control by targeting and measurement
- Checklist on customer service sampling
Case Studies: Practical case studies to cover the whole topic and strengthen the meanings.