What they mean and how to pick one. Incoterms® were established by the International Chamber of Commerce (ICC) in 1921 and have become a crucial element in global trade, defining the responsibilities of buyers and sellers in international transactions. In this webinar, we’ll provide a high-level overview of Incoterms®, delve into their complexities, and simplify their application in various trade scenarios. You’ll gain a clear understanding of how to use Incoterms® to allocate risks and costs effectively, ensuring smoother international transactions.
Expert guidance, tips, and access to decision making resources
Incoterms were developed by the ICC in 1921 and have since proven to be an indispensable tool for conducting international transactions. We'll focus on the high-level overview, dive into the intricacies, and make it easy to understand the responsibilities of each party in an international transaction.
- Accurately applying Incoterms in your international transactions
- Advantages of understanding and applying proper terms
- Calculating Incoterms impact on your Total Landed Cost