Training Introduction To Importing
Overview
Businesses all over the UK look to international suppliers for all types of goods. This is due to imports allowing businesses to have an edge against their competitors.
You may be able to find lower-priced supplies; or new supplies allowing you to sell a completely different type of product. It’s a similar concept when buying within the UK, you have to make sure a supplier offers what you want, and at the right price.
The course will inform you on the basic procedures, terminology and documentation involved when importing for your business, giving you an overview of the process involved when importing.
Learning Outcome
- A background to Importing
- The balance of Trade
- Indirect and Direct Importing
- The role of clearing an Agent
- Evaluation of risks – Supplier Due Diligence
- Processing and Import Orders – the Contract of Sale
- Key Documentation included
- The role of HM Customs
- Import Duties
- Import VAT
- Import Landed Cost Calculation
- Evaluation Methods for Imports
- Tariff Codes – HS / CN / TARIC
- The Import Process
- CPC Codes – A brief explanation of what they are
- SAD C88 Form – An overview
- Incoterms – Application and Impact on Imports
Who Should Attend
Introduction to Importing training course is suitable for new importers. It is also suitable for people working in import but has never had formal training. The following business departments that this course will apply to are:
- Customer Services
- Shipping
- Purchasing
- Accounts and Finance
- Import Administration
- Logistics
- Production Planning
- Technical Support
- Quality and Standards
- Repairs
- Distribution
