Easily Manage All Kinds of Risks in Exports | Any Origin

BY
Udemy

Get an understanding of how to control and scale back on the worldwide business risks that are involved in export transactions.

Mode

Online

Fees

₹ 549 2999

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

Due to the multiplicity of potential reasons for unpaid invoices, the management of risks associated with exporting goods is distinct from that of domestic concerns. When a buyer and a seller are located in the same nation, the creditworthiness of the customer is the primary factor that determines the likelihood that bills will not be paid in full. It is possible to establish a consistent credit limit and utilise instruments to secure the risk after conducting an analysis of the company's financial health as well as its payment behaviour. When it comes to export, the pool of outstanding instances is far larger, and they are not always connected to the creditworthiness of the buyer. Easily Manage All Kinds of Risks in Exports | Any Origin certification is made available by Udemy to students who want to gain the knowledge about commercial Implications in international transactions.

Easily Manage All Kinds of Risks in Exports | Any Origin online training includes 4.5 hours of video, 30 articles, and seven downloadable resources which consists of a digital certificate upon course completion.

Easily Manage All Kinds of Risks in Exports | Any Origin online classes consist of the importance of global trade, exports-related risks, financial risk management in international trading, operational risks associated with exports transactions, INCOTERMS® 2020, contractual risks, technological innovation, reducing exports related risks, and conclusions.

The highlights

  • Full Lifetime Access
  • 4.5 Hours of Video
  • 30 Articles
  • Seven Downloadable Resources
  • Access on Mobile and TV
  • Certificate of Completion

Program offerings

  • Online course
  • Learning resources
  • 30-day money-back guarantee
  • Unlimited access

Course and certificate fees

Fees information
₹ 549  ₹2,999
certificate availability

Yes

certificate providing authority

Udemy

What you will learn

Easily Manage All Kinds of Risks in Exports | Any Origin certification course, the participant will learn how to control and reduce international commercial risks in export transactions, reduce all export goods transportation, and manage all exports and imports. The candidate will obtain an awareness of the financial risks associated with exporting, such as foreign exchange swings, currency hazards, and how to prevent losing money, reputation, and clients in international trade and company. The applicant will understand how to avoid any letter of credit-related risks or international banking frauds, manage exports contracts and international commercial law with legal jurisdiction, as well as smooth and risk-free exports imports operations management utilising both international operations and financial measures, and everything there is to know about INCOTERMS®2020

The syllabus

Introduction

  • Introduction to the course
  • Course plan and topics
  • Introduction & Welcome
  • Importance of global trade
  • What is international trade and how is it important to our day to day life?
  • Understanding the concept of risk.
  • What is risk?

Nature of Exports Transactions Risks

  • Exports related risks
  • Nature of Exports Transaction Risks Explained: Part 1
  • Mr. Gupta in South Korea
  • Nature of Exports Transaction Risks Explained: Part 2
  • Common types of exports related risks?
  • Nature of Exports Transaction Risks Explained: Case Study
  • Analysis of case of Mr. Gupta in South Korea
  • Analyzing the problem faced by Mr. Gupta in South Korea
  • Accepting the letter of credit from a first class bank
  • Toner India exports goods to Bangladesh: Case study on L/C Risks
  • Toner India's exports problem with Bangladesh
  • Analyzing what went wrong with Toner India's foray into Bangladesh Market
  • Exports Documentation and Procedural Risks
  • The documentation risks explained in this case study of Malhotra Exports
  • Malhotra Exports case study analyzed
  • Analysis of the Malhotra Exports Case study and the problems of DA payment terms
  • Understanding the role of banks in typical exports transactions
  • Role of banks in exports risks management - Malhotra Exports Case study
  • Quiz 1

Understanding and managing common financial risks in international trade

  • Financial risk management in international trading
  • Shah receives order for supply of 10 MT bulk toner - A Case Study
  • Pre financial analysis of order by Shah for the monthly supply of the toner
  • Lack of financial risk management efforts by Mr. Shah
  • Financial risk management failure by Shah in this order he received
  • Operational measures
  • Financial risk management operational measures which could have been adopted
  • Hedging against currency risks
  • Financial instruments which could have been used for the FX risk management
  • Quiz 2

Operational Risks in International Trade Transactions

  • Operational risks associated with exports transactions
  • ABC Company Case Study - Operational Challenges of International Trade Deal
  • INCOTERMS® (see next section on all about INCOTERMS®2020)
  • Understanding international delivery terms to reduce operational risks
  • Choosing best delivery terms for the current case study
  • Applying most suitable INCOTERMS® in ABC Import Co. Case
  • Using the guiding document for operational strategies for exports and imports.
  • A template for a guiding document for international operational risks management
  • Operational Risks Management Guiding Document - Shipping Operations
  • Operational Risks Management Guiding Document - Accounting Aspects
  • Operational Risks Management Guiding Document - Use of Delivery Terms
  • Operational Risks Management Guiding Document - Payment Terms
  • Operation Risks Management Guiding Document - Delivery of Goods
  • Operation Risks Management Guiding Document - Issues of Transfer of the Title
  • Operation Risks Management Guiding Document - Insurance Risks
  • Quiz 3

Understanding INCOTERMS® 2020

  • About INCOTERMS®
  • Overview of INCOTERMS® 2020
  • About INCOTERMS® 2010
  • INCOTERMS® 2010 - All Transport Types Terms Explained
  • INCOTERMS® 2010 - All Sea and Inland Water Transport Terms Explained
  • INCOTERMS® 2020 Explained
  • Quiz 4

Contractual Risks in International Trading

  • Contractual risks explained using case study
  • Export contract case study of exports of Animal feed from India: Deal Overview
  • Problem originated in the deal as discussed in the case study
  • What is a FOB contract?
  • So what is the legal definition of meaning of a FOB contract?
  • Failure of the contract
  • Final results of the deadlock created by contractual failure in the case study
  • Quiz 5

New technological innovation with strong potential to minimize exports risks

  • Blockchain: A revolution or a bust for the foreign trade?
  • Earlier technological attempts to simplify international trade and their outcome
  • Understanding the concept of Blockchain and how it can help in foreign trade.
  • So what is blockchain?
  • Using Blockchain to reduce exports risks - Part 1
  • Using Blockchain to reduce exports risks - Part 2
  • Quiz 6

Practical Exports Marketing Tips for Reducing Exports Related Risks

  • Reducing exports related risks using some smart practices
  • Practical tips for reducing online exports related risks - Exports Pricing
  • Practical tips for reducing online exports risks - Business Communication
  • Practical tips for reducing online exports related risks - Payment Terms
  • Practical tips for reducing online exports related risks - Legal Aspects
  • Practical tips for reducing online exports related risks - Delivery and Packing
  • Practical tips for reducing online exports risks - Documents and Insurance

Final Thoughts

  • Congratulations
  • Conclusions and reflections

Instructors

Dr Vijesh Jain
International Business Coach
Freelancer

Ph.D, MBA

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