Commercial & Procurement Training in Bangladesh

Introduction to Commercial & Procurement Training

In today’s dynamic business environment, the roles of Commercial and Procurement managers have evolved significantly. No longer confined to traditional tasks, these professionals must now possess a diverse skill set that spans Banking, Customs, Supply Chain Management, Decision Making, and Foreign Procurement. Recognizing this need, our comprehensive training program is designed to enhance the professional capacity of individuals in the Commercial & Procurement sectors.

This training adopts a practical and case-based approach, ensuring that participants gain hands-on experience and real-world insights. By the end of the program, attendees will be equipped with the knowledge and expertise to significantly improve their organization’s overall business performance. In Bangladesh, companies are increasingly offering high remuneration to employees who demonstrate extensive knowledg

e in these critical areas.

Methodology:

• Exercises
• PowerPoint Presentations
• Question and Answer Sessions

Training Contents:

Day 1:

1. Documents for Import & Export
2. Calculation of Costing for Import
3. Calculation of Costing for Export
4. Import Risks Reducing
5. Import Cost Saving
6. New Import Policy
7. New Export Policy
8. CCI&E Permission (IRC, ERC)
9. New S.R.O
10. Question & Answers Session

Day 2: 11. Concept on L/C 12. UCP-600 & UCPDC 13. L/C at sight 14. Master L/C & Back to Back L/C 15. SWIFT of LC 16. Payment for International Procurement 17. Evaluation of offer 18. Buyers Selection 19. Sourcing of Suppliers/Vendors for Procurement 20. Procurement Terms & Conditions 21. Question & Answers Session

Day 3: 22. Export Cash Incentive 23. L/C amendment procedures 24. Dealing with C&F Agent 25. Dealing with Supplier 26. Third Party documents 27. Air Freight Calculation 28. Bill of Export & Bill of Entry 29. Bill of Lading (BL) & Bill of Exchange 30. Question & Answers Session

Day 4: 31. TT Payment 32. International Payment methods 33. SWIFT Code of LC 34. Various types of LC 35. GSP Certificate & REX 36. Freight Forwarding Agent 37. Order quantity selection 38. Bonded Warehouse & Bond License 39. UP & UD 40. Question & Answers Session

Day 5: 41. House B/L & Master B/L 42. Commercial Problems & Solutions 43. Procurement Problems & Solutions 44. LC Problems & Solutions 45. LC Opening Documents 46. Cash Incentive Documents 47. Advantages of UPAS LC 48. H.S CODE Problems & Solutions 49. LC Checklist 50. Questions & Answers Sessions

Day 6: 51. Customs Duty & Tax Calculation (Math) 52. Sea Freight Calculation (Math) 53. FCL & LCL Cargo 54. Supplier Sourcing 55. Buyer Sourcing 56. INCOTERMS in International Procurement 57. Various Bank Charges 58. Insurance Cover note & Insurance policy 59. Commercial Problems & Solutions 60. Question & Answers Session

Day 7: 61. Correct H.S Code Selection 62. Risks of LC Payment 63. UPAS L/C 64. CBM Calculation 65. ASYCUDA 66. Container Booking 67. IGM & EGM 68. Direct Export & Deemed Export 69. Discrepant Shipping Documents 70. Partial Shipment & Transshipment 71. BSTI Permission 72. Air Shipment

Conclusion: This training program is an invaluable opportunity for professionals to elevate their skills and knowledge in the Commercial & Procurement sectors, ultimately driving their organizations towards greater success.