Morley Consulting                                                                                             Tel:     07841 133027
                                                                                                                                                    
email: enquiries@morley-consulting.co.uk
                                                                                                                                                                                                                                       
  
    
 
Elements of International Procurement                                                Duration: 1 Days
                                                                                                                                   
Tutor Profile

Whilst international procurement shares many requirements with domestic procurement, it also differs in many key areas.   With the increasing globalisation of businesses, both large and small, procurement professionals are under increasing pressure to manage a wide range of international purchases, often at short notices.

This course is a practical and pragmatic guide for anyone engaged in the international buying of goods.  It covers in depth the processes and choices available and the practical and financial implications of those choices are explored in detail.

It is suitable for anyone new to international procurement and for those with more experience but wishing to obtain a greater understanding of the wider physical, operational and financial implications.     


The course is given from an integrated, pragmatic and practical viewpoint rather than an academic and theoretical one.  The emphasis is on avoiding difficulties and delays and achieving cost efficiency.

 
Course content will include:

Sourcing:

 - differences between EU and Rest of World sourcing

 - intrastats, the EU sales list (ESL) and VAT return 

 - costing duty, VAT and other taxes

 - customs classification

 - the role of the importer and exporter of record

 - the impact of international delivery terms (INCOterms® 2010)
 - homologation and product approvals

 
Pricing:

 - the role of assists, royalties, R&D etc.

 - calculation of freight costs

 - options for reducing duty and VAT 

 - preferential origin, non-preferential origin and Free Trade Agreements

 
Payment: 

 - letters of credit

 - bills of exchange

 
Authorised Economic Operator (AEO) certification

 

Attendees will leave the course with a thorough understanding of how to successfully and legally move goods around the world, calculate costs, achieve cost control in the supply chain, utilise customs procedures that benefit their business, avoid costly delays, unexpected costs and legal tangles with overseas Authorities and suppliers and ensure a level of customer satisfaction that encourages repeat business.

Course dates and booking