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.
Landed Costs - Why They Matter And How To Calculate
There's more to transportation costs than the shipping price - taxes, customs, insurance and other fees play an integral role. These costs can have a major effect on your pricing strategies. We'll jump in and explore the key variables and how they change, providing you with tools & techniques along the way so that you'll be equipped to identify and calculate the true spend on your international shipments.
- Differences between landed costs & standard costs
- Calculating landed costs
- Advice & insights for controlling your landed costs
- Recommended: Basic understanding of Incoterms® 2020