Course Details

Navigate Global Markets: Global Procurement & International Trade Training Course

 INTRODUCTION

"Expand your procurement horizons with our Global Procurement & International Trade Training Course. This Global Procurement & International Trade Training Course equips professionals with the essential skills to navigate the complexities of international markets, manage global supply chains, and optimize cross-border transactions. Learn to mitigate risks, understand cultural nuances, and leverage international trade agreements. Master the techniques for building a robust global procurement strategy and driving international business success."

"This practical, hands-on training provides a deep dive into the methodologies for successful global procurement and international trade. Participants will learn to conduct international market analysis, manage global logistics, and implement cross-border contract negotiations. From understanding the impact of tariffs and trade regulations to navigating cultural differences, this course empowers you to build a resilient and efficient global supply chain. Enhance your ability to manage international procurement and trade by mastering the essential principles and practices of this dynamic field."

DURATION

10 days

TARGET AUDIENCE

This course is meticulously designed for:

• Procurement Managers and Specialists
• Supply Chain Managers
• International Trade Specialists
• Export/Import Managers
• Logistics Managers
• Contract Managers
• Finance Professionals
• Business Development Professionals
• Anyone seeking to enhance their skills in global procurement and international trade.

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the principles of global procurement and international trade.
• Conduct international market analysis and supplier sourcing.
• Navigate international trade regulations and customs procedures.
• Manage global logistics and transportation.
• Implement cross-border contract negotiations and agreements.
• Mitigate risks associated with international trade.
• Understand cultural nuances and communication in global business.
• Utilize international trade finance and payment methods.
• Implement strategies for managing global supplier relationships.
• Align global procurement strategies with international business objectives.

COURSE MODULES

Module 1: Introduction to Global Procurement and International Trade:

• Overview of global procurement and international trade concepts.
• Understanding the importance of global sourcing and market access.
• Exploring the benefits and challenges of international trade.
• Understanding the global supply chain landscape.

Module 2: International Market Analysis and Supplier Sourcing:

• Conducting international market research and analysis.
• Identifying and evaluating potential global suppliers.
• Utilizing international sourcing strategies and methodologies.
• Understanding the importance of proper market research.

Module 3: International Trade Regulations and Customs Procedures:

• Understanding international trade agreements and regulations (WTO, regional agreements).
• Navigating customs procedures and documentation requirements.
• Implementing import/export compliance strategies.
• Understanding the importance of proper customs documentation.

Module 4: Global Logistics and Transportation:

• Understanding international logistics and transportation modes (sea, air, land).
• Managing international freight forwarding and warehousing.
• Implementing supply chain visibility and tracking systems.
• Understanding the importance of proper logistics planning.

Module 5: Cross-Border Contract Negotiations and Agreements:

• Developing international contract negotiation strategies.
• Implementing cross-border contract management processes.
• Utilizing international arbitration and dispute resolution mechanisms.
• Understanding the importance of proper contract documentation.

Module 6: Mitigating Risks in International Trade:

• Identifying and mitigating risks associated with currency fluctuations.
• Implementing strategies for managing political and economic risks.
• Utilizing risk management tools and techniques.
• Understanding the importance of proper risk assessment.

Module 7: Cultural Nuances and Communication in Global Business:

• Understanding cultural differences and communication styles.
• Implementing strategies for effective cross-cultural communication.
• Utilizing cultural sensitivity in global business interactions.
• Understanding the importance of proper cultural awareness.

Module 8: International Trade Finance and Payment Methods:

• Understanding international trade finance instruments (letters of credit, bank guarantees).
• Utilizing international payment methods and currency exchange.
• Implementing strategies for managing foreign exchange risks.
• Understanding the importance of proper financial documentation.

Module 9: Managing Global Supplier Relationships:

• Developing strategies for managing global supplier relationships.
• Implementing supplier performance monitoring and evaluation.
• Utilizing supplier collaboration and communication platforms.
• Understanding the importance of proper supplier communication.

Module 10: Aligning Global Procurement with International Business Objectives:

• Aligning global procurement strategies with overall international business goals.
• Utilizing strategic planning and forecasting techniques.
• Implementing stakeholder engagement and communication strategies.
• Understanding the importance of proper stakeholder communication.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com