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Fundamentals of Incoterms Course


Fundamentals of Incoterms
Fundamentals of Incoterms

Learn about the use of Incoterms in the procurement process.


Join 5,593 other students.

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 purchase your Diploma certificate will then appear under the My Certificates heading of your My Account page.

LEARNING OUTCOMES

Learning outcomes:
- List and define Incoterms
- Describe the classification of Incoterms
- Explain the use of Incoterms in the procurement process

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Course Rating (By Learners): 4 stars based on 72 votes
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

  • Umar Saud
    Umar Saud Saudi Arabia Its really Helpful. It would be more helpful if there is Pause button in between each slide to take down notes. 2016-09-30 19:09:37
  • Hung Nguyen Manh
    Hung Nguyen Manh Vietnam This is very helpful course and it makes me better than before. Now I can easily choose the best term for my business. Thank you, Alison! 2016-08-09 04:08:43
  • Isabelle Guiot-Bourg Vernetti
    Isabelle Guiot-Bourg Vernetti South Africa Very well explain...Thank you 2016-07-27 20:07:41
  • Rosie Bormann
    Rosie Bormann United States of America Very easy to understand and follow. Gives great animation and shows how it works perfectly! 2016-07-25 16:07:27
  • Anooradha Sekar
    Anooradha Sekar India The course is well defined and understood. But what about the certificate. I have scored 70 points which is 100% score I do not see any link to download my certificate. Please reply 2016-07-23 03:07:25
  • Muhammad Umair
    Muhammad Umair Saudi Arabia Excellent 2016-07-22 01:07:27
  • Swee Min Sia
    Swee Min Sia [[ZZ]] A well informed and structured course designed for new & refresher 2016-07-21 17:07:51
  • Tracy Kicklighter
    Tracy Kicklighter United States of America This course was very clear and easy to understand. 2016-07-20 14:07:12
  • Bala Subramanian
    Bala Subramanian India Compare with other web sites, the INCOTERMS are explained in a simple manner and easy to understand. 2016-04-28 14:04:29
  • soumana paguidamba
    soumana paguidamba Niger This course is very important. In fact, I\'m a student in logistics and transportation and before this course I got difficulties to master the incoterms. But now I\'m more instructed in it. I recommend it. 2015-11-06 10:11:51
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Free, Online Fundamentals of Incoterms Course.