Using Incoterms® Properly to Avoid Disputes
Webinar: 1 CCS Credit
Traders don’t always understand what they’re agreeing to when their customers want them to use terms like FOB, DDP, LDP, or CIF. Changes in these and other Incoterms® can have a significant impact on a company’s bottom line. This webinar will help purchasing, selling, logistics, customs, and other personnel involved in global commerce understand the current terminology.
- the purpose and scope of Incoterms®, including what they don’t do
- properly applying Incoterms® to transactions
- using terms for domestic vs. international shipments
- pros and cons of using ex-works or DDP
- transfer of title
Tom Gould is Senior Director, Customs and International Trade, for Sandler, Travis & Rosenberg, P.A. He is based in Los Angeles, where he has been involved with the international trade community since 1989, and is affiliated with ST&R’s San Francisco office. Mr. Gould joined ST&R after running his own customs consulting business in the L.A. area for more than a decade. A licensed customs broker and certified customs specialist, he regularly advises clients on customs and international trade compliance matters, classification, origin determination, qualification for free trade agreements and special duty reduction programs, product safety and supply chain security. He works with retailers, importers and exporters of textiles, wearing apparel, footwear and consumer electronics, among others.