Incoterms® Explained

Incoterms® show up on quotes, contracts, and purchase orders every day, yet many businesses aren’t fully clear on what they actually mean.

Choosing the wrong Incoterm® can lead to unexpected costs, confusion over responsibilities, customs delays, and unnecessary risk in your supply chain.

The good news? Once you understand how Incoterms® work, they become a really useful tool for managing cost, risk, and responsibility when trading internationally.

Our "Incoterms® Explained" course breaks the rules down in a clear, practical way so you can apply them with confidence in real business situations.

What You Will Learn

• What Incoterms® are and why they matter in international trade
• What Incoterms® do (and importantly, what they don’t do!)
• Where risk transfers between buyer and seller
• The responsibilities and costs for each party
• How Incoterms® connect with customs, transport, and documentation
• Common mistakes businesses make when choosing Incoterms®

Who Should Attend?

This course is ideal for anyone involved in international trade, including:

• Buyers and procurement teams
• Sales and commercial teams
• Import and export professionals
• Logistics and supply chain teams
• Finance and compliance staff

Whether you’re new to Incoterms® or want to strengthen your understanding, this course will help you apply them with more confidence.

Why It Matters

When businesses understand Incoterms®, they don’t just avoid confusion.

They reduce risk, prevent unexpected costs, and make better decisions across their supply chain.