Understanding the basics of Incoterms in Minutes
Автор: JAB Global Supply Chain Consultancy
Загружено: 2026-03-05
Просмотров: 9
Описание:
Incoterms explained – a short microteach session introducing Incoterms 2020, the Incoterms chart, international trade shipping terms, buyer and seller responsibilities, and modes of transport in global trade. Presented by Jamie Barugh, JAB Global.
This session provides a brief introduction to Incoterms and their role in international trade. The session explains what Incoterms are, why they are used in global supply chains, and how they help define the responsibilities between buyers and sellers.
Learners are introduced to the Incoterms chart and shown how to use it to identify which party is responsible for costs, risk, and key stages of the shipping process. The session also explains the different modes of transport associated with specific Incoterms, helping learners understand when certain terms should be used.
By the end of the session, learners should have a basic understanding of how Incoterms support clarity in international trade by defining transport responsibilities, liabilities, and cost allocation between buyer and seller.
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