MASTERING INCOTERMS® 2020 FOR SUPPLY CHAIN RISK AND LETTER OF CREDIT COMPLIANCE, 29-30 April 2026_Brunei Darussalam
- Supply Chain
- 29-30 April 2026
- Radisson Hotel, Brunei Darussalam
INTRODUCTION
International trade is a risky business if traders do not know how to interpret where their risk starts and stops. It is not just about buying and selling, but also all cost, task and responsibilities along the entire supply chain under a sales contract. Hence knowing the rules in each Incoterm and its application to Supply Chain is of paramount importance.
Traders will also have to ensure that payment from overseas customer can be affected when it is due. Hence the use Letter of Credit (L/C) to mitigate this collection risk. However, traders will need to know how to comply with all the terms and conditions, deadlines and documentations required under the LC.
This Course Include
- Access to our course materials
- Full lifetime access
- Certificate of Attendance
CONTACT INFORMATION
- For more information, please contact the following Program Consultant:
-
Ms. Emily / email: emily@cfrontier.com /
Tel: (+6) 016 843 6626
COURSE OBJECTIVES
By the end of the program, participants will be able
to:
- Employ knowledge of the different INCOTERMS 2020 and its application along the supply chain.
- Calibrate the different task, cost and risk on different INCOTERMS to reduce supply chain risk
- Illustrate understanding of different types of LC and its terms under the SWIFT Code and UCP 600 terms
WHY THIS PROGRAM MATTERS NOW
- Many local traders rely on Letters of Credit to secure payment, yet errors in compliance often cause delays and financial losses.
- Understanding INCOTERMS 2020 helps businesses manage cost, risk, and responsibility along the supply chain more effectively.
- Improving knowledge in these areas strengthens Brunei’s competitiveness and minimizes disputes in international trade.
