Course Overview
Understanding how buyers and sellers manage risk with a variety of international payments, cargo insurance, properly completed commercial documents and export packaging leads students to where they can offer alternative solutions to their clients. This program concludes with professional costing and quoting. Note: Registration and course fee payment is made with Canadian International Freight Forwarding Association (CIFFA). To register: learning.ciffa.com
Prerequisite(s)
- 50% in TDMT 1204
Credits
3.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Define roles of all parties, involved in the successful execution of a letter of credit.
- Identify types of letters of credit and their usage.
- Identify terminology, definitions and documents contained in UCP 600.
- Read and interpret the conditions on a letter of credit.
- Identify other methods of international payments.
- Identify risks to the exporter and importer for each method of payment.
- Complete a Commercial Invoice, Certificate of Origin, Export Declaration and commercial documents.
- Identify types and suitability of packaging for shipments moved by ocean and air.
- Identify the types of warehouses available and the effective layout and design of warehouses to improve efficiencies.
- Complete step-by-step procedures for successful Insurance claims handling, including timing and documentation requirements.
- Review case studies that illustrate the importance of shipping alternatives.
- Prepare a quotation for multi-modal movements and calculate the profit/loss for the shipment.
- Identify security weaknesses in the supply chain.
- Identify dangerous goods.
Effective as of Winter 2013
Related Programs
Essentials of Freight Forwarding (CIFFA) (TDMT 1205) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- International Trade and Transportation Logistics
Certificate Part-time
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.