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Essentials of Freight Forwarding Program
Updated: June 28, 2011
Description:
Understanding how buyers and sellers manage risk with a variety of international payments, cargo insurance, properly completed commercial documents and export packaging leads students to where they can offer alternative solutions to their clients. This program concludes with professional costing and quoting.
Program Goals:
Upon successful completion of this program you will be able to:
- Define roles of all parties, involved in the successful execution of a letter of credit
- Identify types of letters of credit and their usage
- Identify terminology, definitions and documents contained in UCP 600
- Read and interpret the conditions on a letter of credit
- Identify other methods of international payments
- Identify risks to the exporter and importer for each method of payment
- Complete a Commercial Invoice, Certificate of Origin, Export Declaration and commercial documents
- Identify types and suitability of packaging for shipments moved by ocean and air
- Identify the types of warehouses available and the effective layout and design of warehouses to improve efficiencies
- Complete step-by-step procedures for successful Insurance claims handling, including timing and documentation requirements
- Review case studies that illustrate the importance of shipping alternatives
- Prepare a quotation for multimodal movements and calculate the profit/loss for the shipment
- Identify security weaknesses in the supply chain
- Identify dangerous goods
Target Audience:
This program is primarily designed to meet the education needs of two main groups:
- Individuals who are new to the international transportation, trade, logistics and supply chain industries and need to acquire new skills and knowledge to make them more employable.
- Individuals currently working in the international transportation, trade, logistics and supply chain industries, but wish to upgrade their new skills and knowledge for possible career advancement.
Prerequisites:
There are no prerequisites, but knowledge of the international transportation, trade, logistics and supply chain industries will be beneficial. Completion of International Transportation and Trade program is recommended.
Good knowledge of English (verbal, writing and reading) is a must, as is knowledge of basic mathematical calculations.
Participants wishing to receive a Certificate must successfully complete International Transportation and Trade; and Essentials of Freight Forwarding within three calendar years. See International Transportation and Trade for additional details on how to obtain your Certificate. |
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