2 day Course 

Managing the Pitfalls of Risks and Costs in Import & Export Operations 

Time : 9 am ~5pm / Venue : Hotel/s in PJ  

Introduction

In international trade, encompassing the intricacies of inbound and outbound flow of products and services, buying and selling aggressively will not bring forth much of the profit as forecasted. With the impact of forced globalizations, market liberalizations and e-commerce advancement, managing the seamless pipeline from initial supplier to ultimate consumer needs more strategies and skills.An in-sight into proper documentation, process monitoring and value chain enhancement will assist substantially a company to decrease costs and increase revenues.        

Who Should Attend 

• All executives, managers and directors who have access to decision making in activities pertaining to global import and export.
• All practitioners and entrepreneurs involve in global sourcing and supply
• All service providers in the global trade network who wish to develop value added customer fulfillment.

Course Outline 

1. PRINCIPLES OF CROSS BORDER TRADING

• The Import Export Process Flow
• Principles of International Customs
• Principles of International Transportation

2. TYPES OF DOCUMENTATION FLOW

• Commercial segments
• Transportation segments
• Financial segments
• Statutory segments

• Types of payment options
• Types of incoterms
• The elements of RISKS and COSTS

• The 12 major parties in global trade
• Re-defining the buyer and seller shift
• Their roles and responsibilities

• Introduction and implementation of SCM
• The supply-production-distribution flow
• The  4 decision elements in global trade

• Introduction and implementation of GLM
• Logistics in the supply network
• The 3 decision elements in global trade

• The types of equipments
• The types of documents
• The types of cargo
• The types of payment
• The types of rates
• The global process flow
• Understanding the AWB and OBL

• Understanding the channels flow
• The importance of channels
• Function of main channels

• Criteria and decisions
• The advantages and disadvantages
• Developing outsourcing strategy

• Insurance coverage in global trade
• Classification of marine policies
• Defining the referred and decline risks

Course Director    

Mr Steven Kum (MBA, USA) is a fellow of the Inst of Freight Forwarders (UK), the Inst of Logistics & Transport (UK), Inst of Business Administration (UK), Professional  member of the Logistics & Supply Chain Management  Society (Australia) and former  Vice Chairman of Persatuan Logistik Selangor. 

He has more than 25 years of hands-on experience in the field of international trade and procurement, freight and logistics operations. He was the managing director of Transaltas Group, a network of logistics service provider (3 PL) with regional offices in UK, USA, Australia and Asia.

His recent contractual appointment includes Business Development Manager for Lensveld Logistics of Holland, Country Manager for esprit Shipping of Hong Kong and Director of Sales for Karl Schroff Associate of USA. He is now affiliated with Cambridge International College (UK) and Durham Logistics College UK) as training Consultant for Malaysia and with Logis Supply Chain Solutions 9Singapore) as Associate Consultant.

Course Fee

(CLAIMABLE UNDER HRDF / SBL SCHEME)

• RM 880.00 per participant
• RM 830.00 Per Participant for 2 or more  participants