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The program below itemises the structure of the conference, which endeavours to provide the correct mix of both ‘hands-on’ and management issues crucial to the understanding of imports and import risk management. The conference is ideally suited to both the management team and the operations/procurement teams or individuals, of any active import company or any company wishing to enter the import arena. The conference fees include a comprehensive pdf version of each speaker’s presentation material, plus additional material the speakers may issue at the time and other conference documentation. In the latest Incoterms laminated posters and the best-selling ‘Trading Words & Phrases’ trade dictionary & Trade Questions and Answers. New Reserve Bank Regulations for importers will be addressed… Recent changes to Marine Insurance ‘institute cargo clauses’ will ‘be covered … Risk Mitigants – a look at alternative payment mechanisms… Forward cover and hedging strategies… New Insurance Claims flow chart released at this year’s conference… Commercial Terms: Basic issues around risk and risk control;the appropriate Incoterms for importing;how to identify high risk import contracts.Incoterms 2010 Customs’ Processes: The Commercial Invoice;an introduction to the customs’ valuation process;an introduction to the customs’ classification process. Cargo Insurance: A basic understanding of cargo insurance risks;how the claims process operates;the principal risks covered and main exclusions.an overview of General Average Credits (L/C): How the documentary credit works;what to look out for and avoid;a brief overview of some variations to the credit.Other bank instruments Other Payment Options; Alternatives to the creditUsing guarantees and performance bonds Hedging Strategies… The Import Forwarding Process… The Law & Importing – for example: the Customs Act makes a distinction between less-serious and more-serious offices; Less serious: “…liable on conviction to a fine not exceeding R8 000 or to imprisonment for a period not exceeding two years, or to both such fine and such imprisonment….” More Serious: “…guilty of an offence and liable on conviction to a fine not exceeding R20 000 or treble the value of the goods in respect of which such offence was committed, whichever is the greater, or to imprisonment for a period not exceeding five years, or to both such fine and such imprisonment. Interesting stuff – unless, of course, it happens to you…. Matters of contract, terminology and risk management… Over 14 Years of Independent Trade Training Tuesday – 10th Aug 2010 08h00 – 09h00 Breakfast & Registration 09h00 – 09h15 Conference Opens 09h15 – 10h30 The Import Big Picture 10h30 – 11h00 Break 11h00 – 12h00 SA Exchange Controls 12h00 – 12h45 Lunch 12h45 – 14h00 Commercial Terms Part l 14h00 – 14h30 Break 14h30 – 16h00 Commercial Terms Part ll Wednesday – 11th Aug 2010 07h00 – 08h15 Arrival & Breakfast 08h15 – 08h45 Feedback Session 08h45 – 10h00 Marine Insurance 10h00 – 10h30 Break 10h30 – 11h30 The Forwarding Process 11h30 – 12h00 Customs Process 1 12h00 – 12h45 Lunch 12h45 – 14h00 Customs Process 2 14h00 – 14h30 Break 14h30 – 16h00 Customs Process 3 Thursday – 12th Aug 2010 07h00 – 08h15 Arrival & Breakfast 08h15 – 09h00 Feedback Session 09h00 – 10h15 Bank Payment Mechanisms 1 10h15 – 10h45 Break 10h45 – 12h00 Forward Cover & Hedging 12h00 – 12h45 Lunch 12h45 – 14h15 Import Models & Contracts Part l 14h15 – 14h45 Break 14h45 – 16h00 Import Models & Contracts Part ll Friday – 13th Aug 2010 07h00 – 08h15 Arrival & Breakfast 08h15 – 09h00 Feedback Session 09h00 – 10h15 Importing & Law 10h15 – 10h45 Break 10h45 – 12h00 Bank Payment Mechanisms 2 12h00 – 12h45 Lunch 12h45 – 14h15 Import Contracts & IRM Overview 14h15 – 14h30 Closing Wrap Up & Certificates
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