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International Contracting

This web-based training course on International Contracting functionality, administration and development, is available online to all individuals, institutions, corporates and enterprises in India (New Delhi NCR, Bangalore, Chennai, Kolkatta), US, UK, Canada, Australia, Singapore, United Arab Emirates (UAE), China and South Africa. No matter where you are located, you can enroll for any training with us - because all our training sessions are delivered online by live instructors using interactive, intensive learning methods.


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Course Details

This course helps trainees to learn how to adhere to different sets of governmental regulations. With this training program trainees will learn, global sourcing to penetrate existing market, process for selecting items or services, impact on local suppliers, ethical problems arising from differing labor, overseas sourcing agent, qualifying potential buyers, international pricing issues and developing the landed prices. This training program teaches trainees to learn, sources for standard terms and condition, various payment terms and methods of payment, international pricing issues, brokers and forwarders, qualifying potential suppliers and liquidation damages. Furthermore, this training program helps training to learn verification of performance of obligations, warranty issues, enforcement of judgment and resolution clauses. There are no prerequisites for this course. This course is beneficial for both fresher and professionals to enhance their learning and skills.


Global Sourcing

  • Why Organizations Outsource?
  • Various Reasons for Going Global
  • Using Global Sourcing to Penetrate Existing Markets
  • Explain The Global Sourcing Process
  • Describing International Labor Rates
  • Explaining Process For Selecting Items or Services for Global Sourcing
  • Explaining Risks, including quality standards
  • Explaining Impact on local suppliers
  • Ethical problems arising from differing labor

Global Sourcing Approaches

  • Explaining Overseas Sourcing Agents
  • Describing International Purchasing Offices
  • Explaining Going Direct
  • Identifying Potential Suppliers
  • Defining Qualifying Potential Suppliers
  • Explaining International Tenders
  • How to Deal with Other Culture?

Developing The Landed Price

  • Explaining International Pricing Issues
  • Various Currency Issues
  • Import Duties
  • Explaining Transportation
  • INCOTERMS – how they impact on price and risk
  • Defining Brokers and Forwarders
  • Various Payment Terms and Methods of Payment

International Terms & Conditions

  • Convention on Contracts for the International Sale of Goods (CISG)
  • Describing Sources for Standard Terms and Conditions
  • Explaining The Critical Integration
  • Describing Entire Agreement Clause
  • Describing Liquidated Damages
  • Various Penalties
  • Bonds and Bank Guarantees
  • Explaining Letters of Credit
  • Describing Changes and Variations Clauses
  • Defining Conflict of Laws
  • Various Choice of Law Clauses
  • Explaining Suspension and Termination
  • Contract Clauses and practices that Assist in Prevention of Fraud and Corruption

Negotiations, Resolution Of Disputes, And Completion

  • Negotiations Internationally
  • International Contract Administration
  • Explaining Verification of performance of obligations
  • Various Warranty Issues
  • Dispute Resolution Clauses
  • Describing Enforcement of judgments
  • Describing awards in an international context

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