International supply chains operate through efficient and secure processes, especially regarding the location and conditions under which the delivery of goods subject to sale will occur.
To delineate their respective obligations, companies engaged in international transactions rely on a standardized set of terms and regulations known as the Incoterms rules. The International Chamber of Commerce (ICC) regularly revises and issues these rules to keep them current with industry practices.
This manual explains in a didactic manner the effective use of the Incoterms 2020 rules and provides criteria for choosing the most appropriate rule for each sales transaction.
The author offers valuable insights to minimize business risks, optimize costs, and facilitate operations in international markets.
This book is aimed at professionals in international trade and freight transportation, as well as those involved in training in these fields. It includes examples, practical cases, and self-assessment tests to strengthen training and professional performance.
- Index
- About the author
- Foreword
- Chapter 1. International trade
- 1 Introduction to international trade
- 2 Evolution of international transportation
- Chapter 2. International trade logistics
- 1 International business logistics: functions and activities
- 2 International logistics: trends and outsourcing
- 3 Freight transportation
- Chapter 3. Incoterms and the Supply Chain
- 1 The need and functions of the Incoterms rules
- 2 Characterization of Incoterms rules
- 3 Incoterms rules and transport contract
- 4 Incoterms rules and transport insurance
- 5 Incoterms rules and customs clearance
- 6 Incoterms rules and documentary credit
- Chapter 4. How to use Incoterms 2020 multimodal rules
- 1 EXW (ex works)
- 2 FCA (free carrier)
- 3 CPT (carriage paid to)
- 4 CIP (carriage and insurance paid to)
- 5 DAP (delivered at place)
- 6 DPU (delivered at place unloaded)
- 7 DDP (delivered duty paid)
- Chapter 5. How to use Incoterms 2020 rules for maritime transport
- 1 Introduction and applicability of Incoterms rules for maritime transport
- 2 Assessment of the use of maritime Incoterms rules in containerized transport
- 3 FAS (free alongside ship)
- 4 FOB (free on board)
- 5 CFR (cost and freight)
- 6 CIF (cost, insurance and freight)
- Chapter 6. Criteria for choosing the optimal Incoterms rule and applying it to the sales contract
- 1 Determining factors in the choice of the optimal Incoterms rule
- 2 Criteria for the application of Incoterms rules to the sales contract
- Chapter 7. Case studies
- 1 Pricing and risk allocation according to the Incoterms rule
- 2 Practical cases of price calculation and risk allocation
- Tests on knowledge and application of the Incoterms rules
- Test solutions
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