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Global Training Center News Items
Are Letters of Credit for You? by Paul Patterson
“An Order That Isn’t Paid For Is Nothing But a Gift”
As we see our exports increasing, our international accounts receivable balances are increasing too. Many exporters fear the many mysteries and risks associated with selling their goods to foreign buyers, including those mysterious international banks. How do we insure that we will receive payment for all of those shipments? How can we get paid faster and with lower bank fees? Just what is the difference between a Documentary Collection and a Documentary Credit? Is a Letter of Credit really a “guaranteed” payment?
As your export business grows, these questions will become more and more important. How can you ensure that you are making the correct decisions about the credit terms that are offered to your foreign customers? One great way to gain confidence in those decisions is to attend a Global Training Center seminar, covering topics that will lead to faster and less expensive payments. Our instructors can explain the intricacies of international movement of funds; explain the potential gains/losses of foreign exchange fluctuations; clarify those mysterious documentary requirements found on those pesky Letters of Credit; and explain those numerous banking fees associated with international payments.
Sign up now for the next seminar provided in your area. Or, even better, contact Global Training Center to schedule a seminar especially designed for your company and presented at your location. |
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Incoterms 2010® Will you be ready?
New Incoterm rules will be announced September 15, 2010. These changes will be effective January 1, 2011. Will you be ready? International traders will have a large task ahead of them as they evaluate which term or terms will work best for their situation with upcoming changes.
Who should attend? Exporters, Importers, Sales Managers, Purchasing Managers, Forwarders, Customs Brokers, Carriers, Credit Professionals, Insurers, Trade Consultants, International Bankers, and Attorneys.
Global Training Center will be ready with 1/2 day seminars and webinars to prepare your staff for 2011. Cost is $295 per person and includes reference manual 'U.S. Domestic Terms of Sale and Incoterms 2010' a $69 value.
| Anaheim, CA |
Thursday, November 04, 2010 |
| Atlanta, GA |
Friday, November 12, 2010 |
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Friday, December 17, 2010 |
| Chicago, IL |
Friday, November 12, 2010 |
| Cincinnati, OH |
Friday, October 22, 2010 |
| Cleveland, OH |
Tuesday, November 09, 2010 |
| Houston, TX |
Friday, December 10, 2010 |
| Las Vegas, NV |
Thursday, November 18, 2010 |
| Miami, FL |
Friday, October 15, 2010 |
| Milwaukee, WI |
Friday, October 22, 2010 |
| Minneapolis, MN |
Tuesday, December 07, 2010 |
| Philadelphia, PA |
Friday, November 05, 2010 |
| San Diego, CA |
Thursday, October 28, 2010 |
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| Webinars |
Thursday, October 21, 2010 |
| Webinars |
Thursday, December 02, 2010 |
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Suddenly Responsible for Import & Export Departments
Have you found yourself suddenly responsible for the import and export departments in your company?
Like most companies you have likely had to make the tough decision to reorganize your staff, including laying off key individuals. If you chose to lay off your international logistics and trade compliance staff you may have discovered, too late, that these folks were critical to the success of your import/export programs and they provided you a much-needed safety net against regulatory intervention. Now they are gone and suddenly your company expects you to fill in the void.
And while your company was busy downsizing the US authorities responsible for export and import regulation were busy upsizing. During 2008 and 2009 the US Government implemented more sweeping regulatory changes with enhanced penalties than in the previous decade. Ignorance of the law is no longer a valid excuse for non-compliance!
What are you going to do?
Don’t panic! Stay calm! Get educated!
Your first responsibility is to identify what you don’t know about importing and exporting. That is where Global Training Center can help. With a proven track record and experienced instructors we can help you identify the critical components of an import or export trade compliance and logistics program and help put you back on the road to success!
John D. Goodrich
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Who Should Attend Webinars?
The best training experience is hands down Global Training Center’s in-person seminars. But, the next best training option is Global Training Center’s Webinars.
Our webinars are live and interactive. NOT pre-recorded. Our instructors use the same agenda as our in-person seminars.
You should consider a webinar if …..
- The training you need is not offered in your area
- Your company has a limited travel budget
- You do not like to travel
- You cannot make the scheduled date
- Multiple attendees will be attending (call for group rates)
- You are short staffed and need to be in the office
How does a webinar work?
You will connect to the class via the internet. You will see the instructor’s presentation on your screen. To ask a question, you may raise your hand (click on icon) or type your question in the CHAT box. Your audio connection can be via a conference call (toll free number) or you may use a headset connected to your computer (you will need a mic on your headset). Your seminar book will be shipped directly to you.
Recommendations for webinar
Have a headset connected to your phone or computer
Reserve a conference room or take course at home (evade interruptions)
Find out why customers come back for more training after attending a webinar:
Comments from Tariff Classification & NAFTA Rules of Origin Webinars May 4 & 5, 2010
"GREAT CLASS. John is easy to listen to and engages the class. I feel confident he is knowledgeable and teaching accurate information. Thanks!" from R.Kauffman
"I enjoyed the presenter, he seemed very knowledgeable. Love the book! Very good webinar." From P.Chambers
"Once again...fantastic." from K.Race |
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