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Fundamentals of Incoterms Course


Fundamentals of Incoterms
Fundamentals of Incoterms

Learn about the use of Incoterms in the procurement process.


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Course Description

The word 'Incoterms' is derived from International Commercial terms, which are a series of three-letter terms related to common sales practices published by the International Chamber of Commerce (ICC). The main aim of Incoterms is to define the tasks, costs and risks associated with the transportation and delivery of products and goods. This free online course has been created by Procurement Academy, an institute dedicated to training procurement professionals. In this course you will learn about Incoterms, their definitions and classification, and their use by procurement professionals. You will also learn about the role of the buyer during the supplier selection process. This course will be of interest to procurement professionals who would like to learn more about Incoterms and their use in the procurement process.

Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

Learning Outcomes

Learning outcomes: - Understand Incoterms and their definition; - Understand the classification of Incoterms; - Understand the use of Incoterms in the procurement process;


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Course Rating (By Learners): 4 stars based on 59 reviews
Course Title: Fundamentals of Incoterms
Course #: 413
Course Publisher: Procurement Academy
Course Category: 9
Content Origin:
Course Description: The word 'Incoterms' is derived from International Commercial terms, which are a series of three-letter terms related to common sales practices published by the International Chamber of Commerce (ICC). The main aim of Incoterms is to define the tasks, costs and risks associated with the transportation and delivery of products and goods. This free online course has been created by Procurement Academy, an institute dedicated to training procurement professionals. In this course you will learn about Incoterms, their definitions and classification, and their use by procurement professionals. You will also learn about the role of the buyer during the supplier selection process. This course will be of interest to procurement professionals who would like to learn more about Incoterms and their use in the procurement process.
License: Not for download or distribution.
Release Date: 24 April 2012
Content  
Course Duration (Avg Learner): 1-2 Hours
Video/Audio: None
Audio Only: High
Animation: High
Assessments: Yes
Education Level
Age appropriateness: 18+ Years
Minimum Grade/Class Level:
Validation: Level 5
ALISON Testing: Yes
Certification Availability
PDF Download: Yes
Parchment: Yes
Framed Certification: Yes

Study for Free at Your Own Pace! Start This Course

  • Eniola Rasheed
    Eniola Rasheed New Zealand This course is really easy to understand and very helpful in terms of basic understanding of incoterms. 2015-08-15 01:08:50
  • RAKESH CHAVAN
    RAKESH CHAVAN India INCOTERMS are standard defined trade terms. They are internationally recognized as indispensable evidence of buyers and suppliers obligations for delivery of goods under a procurement contract. The word 'Incoterms' is derived from International Commercial terms, which are a series of three-letter terms related to common sales practices published by the International Chamber of Commerce (ICC). 2015-08-14 12:08:30
  • RAKESH CHAVAN
    RAKESH CHAVAN India Incoterms are global shipping terms to define each party’s responsibilities for the movement of goods. This OnDemand Webinar is a must for importers and exporters. This program will review the purpose of Incoterms and what has changed since Incoterms 2000. This OnDemand Webinar will cover each Incoterm in detail and its definitions, as well as the advantages and disadvantages of each term, so that you can make the right decisions when buying and selling. 2015-08-14 12:08:45
  • Edson Mutemba
    Edson Mutemba Mozambique Very interactive and dynamic way. As a management student I found the information in this course very helpful. 2015-05-13 09:05:07
  • Emmanuel Mjimapemba
    Emmanuel Mjimapemba Malawi A very informative course. It will enable me get good value for money by judicious risk management in international procurement. 2015-03-02 02:03:42
  • Todd Beres
    Todd Beres United States of America Very Informative. 2015-01-23 16:01:27
  • Michael Schmidt
    Michael Schmidt Zambia Found the course to be very enlightening and easy to follow. 2015-01-10 09:01:44
  • Dr.Maha Alnajjar
    Dr.Maha Alnajjar Yemen Fantastic and useful course thank you 2015-01-03 16:01:59
  • Axel Chamson
    Axel Chamson Brazil Excelent , very didactic and highly recommendable training material. 2014-12-28 17:12:14
  • Olga Tkach
    Olga Tkach Ukraine This course was usefull for me, I like the way it was prepared and delivered 2014-12-27 16:12:26
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Free, Online Fundamentals of Incoterms Course.