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To help get some answers on how SMEs can protect their supply chains and their businesses during this time of disruption we brought together experts in supply chain management, contracts, customs and the Incoterms® 2020 rules to answer key questions on how SMEs can protect themselves and have confidence in their international transactions.
Which Incoterms® rule an organization chooses for a trade transaction will depend on a number of factors. Here’s how to get it right.
Learn more about what Incoterms® are and how they’re used in advance of the new Incoterms® 2020 rules that will come into effect on January 1, 2020.
FITT and the Canadian Chamber of Commerce are partnering to deliver Incoterms® 2020 in-person training to Canadian businesses.
To improve communication and mitigate the risks of misunderstandings, the ICC developed Incoterms to serve as universal trade definitions.
My exposure to Incoterms goes back to 2002 when I took my first FITT-accredited international business course at Seneca College.
By now, we are all probably well aware of the economic turmoil caused by the COVID 19 pandemic and the knock-on effects it has had,…
While there are many risks inherent in international trade finance, there are also numerous methods of settlement in international trade available to exporters and importers to manage and mitigate risks. Here are the 4 most common trade finance instruments you can use.
FITT teamed up with Startup Canada and a panel of CITP experts for this fascinating and informative Twitter chat on how to build a resilient supply chain – no easy task. Here are the highlights.
When trading goods across international borders, the period of transit has a high level of risk and a high cost of liability should anything happen to a shipment of goods. That’s why transport documents like a bill of lading are so crucial, acting as a contract and a receipt for the goods delivered to the carrier for shipment.
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