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Advanced International Trade and Letter of Credit

This comprehensive course equips participants with the essential knowledge and skills required in international shipping and trade documentation. Participants will learn to apply INCOTERMS, IATA, and FIATA standards to assess the effectiveness of cargo documentation processes. The course covers the implementation of international trade transactions, considering various types of letters of credit, cost calculation for air and sea freight, and selecting appropriate terms of sales in global transactions.

Learning Outcomes

  1. Apply INCOTERMS, IATA, and FIATA standards to international shipping transport documents and assess cargo documentation process effectiveness.
  2. Implement international trade transactions, taking into account the types of letters of credit, cost of air and sea freight according to transportation terms and suitable terms of sales between global buyers and sellers.
  3. Understand the roles of customs and basic export procedures, and apply this knowledge to declare permits, duties, and taxes on imported goods accurately based on different requirements
  4. Prepare and organise transport documents for international shipping and cargo insurance processing
  5. Recommend suitable export packing and packaging labelling for international transportation and containerisation
  6. Deploy work procedures in accordance to international safety guidelines when preparing transport documents for international shipping

Target Participants:

Professionals, Managers and Executives (PMEs) or team leader from the logistics and related sectors in supply chain, shipping, transportation and storage, freight, cargo, warehouse and procurement.

Entry Requirements

  1. Age 21 years or above and have at least 2 years of work experience in team leader or executive position. 
  2. Able to speak, listen, read and write English at a proficiency level not lower than the Employability Skills WSQ Level 4 WPL (Comprehensive) and WPN.

Medium of Instruction:

English

Assessment and Certification

Participants who achieve at least 75% attendance and pass the end-of-course assessment will be awarded the Statement of Attainment
(FOR ALL 16 Hours course)

Participants who achieve 100% attendance and pass the end-of-course assessment will be awarded the Statement of Attainment
(FOR ALL 4/ 8 Hours course)

Course Schedule

Date, Time:

14 to 15 Nov 2024, 9am to 5.30pm

Mode of Delivery:

Classroom Learning

Online Registration:

TBA

Date, Time:

12 to 13 Dec 2024, 9am to 5.30pm

Mode of Delivery:

Classroom Learning

Online Registration:

TBA

Total Training Hours: 15 hours (2 days)
Enrolment Closing Date: 7 working days before course commencement

Course Fees

Category Singapore Citizens & Permanent Residents Employer-sponsored and Self-sponsored Singapore Citizens aged 40 years and above SME-sponsored Local Employees (i.e Singapore Citizen & Permanent Residents)
Funding Source SkillsFuture Funding (Baseline) SkillsFuture Mid-Career Enhanced Subsidy SkillsFuture Enhanced Training Support for SMEs
Course Fees $420.00 $420.00 $420.00
SkillsFuture Funding $210.00 $294.00 $294.00
Total Nett Fee $210.00 $126.00 $126.00
GST (9%) $37.80 $37.80 $37.80
Total Fee Payable to SCCIOB $247.80 $163.80 $163.80

Prices shown are not inclusive of application fee and/or any other additional fees that may be stipulated.

Course fees can be offset by using your SkillsFuture Credit!

UTAP - Get up to 50% Nett Course Fee support as an NTUC Member!

 

  In-Classroom Training Synchronous e-learning
TGS Code TGS-2023022166  
Course Support Period 14-06-2023 - 13-06-2025  

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