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Going International!! BEWARE - By Liu Kok Weng

Whopee!!! I have got an overseas contract worth millions!!
That would be the reaction of the young and dynamic SME (Small and Medium-size Enterprise) owners, whose new business has now gone into the overseas market. His nightmare may just have begun if he has not planned properly on the logistics cost of moving the goods to his buyer in South Africa, for instance.
Well, he can just call his friend's forwarding agent to save all the hassle. Great? Not really!! When the freight bill comes in, he falls off his chair as many of the charges were not familiar to him and he finds out that his logistics costs is now 20% of the cost of his products which he has not accounted for. He further finds out that he is making a loss now and decides to terminate the contract of which he is unable to!!

CONTENT/OBJECTIVES

Understand Common International Freight Terms (Incoterms)
Risk Management
Shipping and Customs Documentation
Freight Charges Air & Ocean Freight.

FACILITATOR

Liu Kok Weng is the CEO of a leading local logistics company. He has been in the logistics industry for over 20 years and has a solid background in Corporate, Marketing and Operational management. He has years of experience in handling international accounts and in achieving P&L results of consortium operations.

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