Export & Import Management

About Course

This module provides an in-depth understanding of international trade procedures, documentation, legal frameworks, and logistics involved in import and export operations. It equips learners with the knowledge to manage cross-border transactions efficiently and compliantly.

Course Content

Lecture 1: Introduction to Import & Export

Overview of international trade and globalization
Importance of export-import in the supply chain
Key stakeholders: importer, exporter, freight forwarder, customs, and banks
Trade policies and regulatory frameworks

Lecture 2: Import Management – Basic Concepts

Lecture 3: Import Flow Chart

Lecture 4: Opening Letter of Credit (LC)

Lecture 5: Incoterms & HS Code

Lecture 6: Types of Letters of Credit

Lecture 7: Import Documentation

Lecture 8: Export Process & Documentation

Lecture 9: Bonded Warehouse & Export Incentives

Lecture 10: Risk Management & Compliance

Lecture 11: Case Study & Practical Session

Lecture 12: Review & Evaluation

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About Course

What Will You Learn?

Course Content

Lecture 1: Introduction to Import & Export

Overview of international trade and globalization

Importance of export-import in the supply chain

Key stakeholders: importer, exporter, freight forwarder, customs, and banks

Trade policies and regulatory frameworks

Lecture 2: Import Management – Basic Concepts

Understanding the import process

Stages of import operation

Key roles and responsibilities in import management

Import restrictions and licensing requirements

Lecture 3: Import Flow Chart

Step-by-step process flow of import activities

Documentation and authority approval sequence

Key milestones from indent to final delivery

Lecture 4: Opening Letter of Credit (LC)

Definition and importance of LC in international trade

LC opening procedures and parties involved

Required documents for LC opening

Common issues and compliance measures

Lecture 5: Incoterms & HS Code

Overview of Incoterms and their significance

Risk, cost, and responsibility allocation between buyer and seller

Harmonized System (HS) codes and product classification

Examples of common HS codes

Lecture 6: Types of Letters of Credit

Sight LC, Usance LC, Red Clause, Green Clause, Back-to-Back LC, Revolving LC

Advantages and risks of each LC type

Practical case studies

Lecture 7: Import Documentation

Essential import documents

Document verification and submission to bank/customs

Lecture 8: Export Process & Documentation

Steps in export operations

Export registration and licensing

Export documentation

Lecture 9: Bonded Warehouse & Export Incentives

Role and operation of bonded warehouses

Bond license and renewal process

Export incentives and duty drawbacks

Lecture 10: Risk Management & Compliance

Risk factors in export-import trade

Anti-money laundering (AML) and trade-based fraud prevention

Customs compliance and international trade laws

Ethical trade and sustainability considerations

Lecture 11: Case Study & Practical Session

LC opening and document preparation exercise

Case discussion on import/export dispute resolution

Lecture 12: Review & Evaluation

Summary of key concepts

Group discussion and Q&A

Final Exam & Certification

Student Ratings & Reviews