Curriculum
- 6 Sections
- 30 Lessons
- 2 Days
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- Import Procurement Lifecycle5
- 1.1Concepts: End-to-end import flow, Documentation trail, Stakeholders
- 1.2Key Terms: HS Codes, Bill of Lading, Advance Remittance, Bill Discounting
- 1.3Situational Focus: First-time import procurement – where companies go wrong
- 1.4Case Based Examples: Electronics firm restructuring import documentation to avoid delays
- 1.5Exercise: Map your company’s import flow vs best practice checklist
- INCOTERMS 2020 Deep Dive5
- 2.1Concepts: Cost/Risk/Ownership Transfer, INCOTERM classes (E/F/C/D)
- 2.2Key Terms: FOB vs CIF vs DDP, Delivery Point Risk, Mode-specific applicability
- 2.3Situational Focus: Selecting INCOTERM aligned with supply risk profile
- 2.4Case Based Examples: Trading house shifting from CIF to FOB to gain shipping control
- 2.5Exercise: INCOTERM selection challenge (given various sourcing scenarios)
- Letter of Credit (LC) & International Payment Instruments5
- 3.1Concepts: LC types, UCP 600, Parties in LC, SWIFT process
- 3.2Key Terms: Sight LC, Usance LC, Confirmed LC, Advance Payment, DA/DP Terms
- 3.3Situational Focus: Managing supplier cash-flow vs buyer risk
- 3.4Case Based Examples: Auto company LC discrepancy delays – $2M impact
- 3.5Exercise: Match LC structure to supplier & country risk profile (team task)
- Global Supplier Onboarding & Due Diligence5
- 4.1Concepts: Supplier Risk Screening, KYC/AML, Country Risk Rating
- 4.2Key Terms: Trade Compliance, Sanctions Check, Credit Insurance
- 4.3Situational Focus: Onboarding a supplier from a high-risk geography
- 4.4Case Based Examples: FMCG firm blocked shipment due to OFAC breach
- 4.5Exercise: Build a supplier due diligence checklist (country-specific)
- Import Risk Mitigation & Stakeholder Alignment5
- 5.1Concepts: Delays, Demurrage, FX risk, Customs disruption, Insurance
- 5.2Key Terms: Marine Insurance, Port Congestion Surcharge, INR Hedging
- 5.3Situational Focus: Customs detainment due to invoice mismatch
- 5.4Case Based Examples: Mitigating demurrage loss through stakeholder alignment
- 5.5Exercise: Cross-functional escalation simulation (sourcing, finance, logistics)
- Cross-Border Performance & Supplier Collaboration5
- 6.1Concepts: SLA setting, Shared KPIs, Trade-offs in global sourcing
- 6.2Key Terms: Lead Time Accuracy, Order Fill Rate, Local Compliance Mandates
- 6.3Situational Focus: Ensuring quality adherence for Asian supplier with long lead time
- 6.4Case Based Examples: Strategic supplier reclassification post disruption
- 6.5Exercise: Global supplier health scorecard design (group activity)