Generate shipment cost estimates – Landed Costing – Online Short Course

COURSE OBJECTIVE

The person completing this course is able to prepare accurate estimates in respect of forwarding and clearing operations from source documents. The learner will also be able to analyse and recommend routing options for the client, and provide the estimates in the required format and time-frame.

The qualifying learner is capable of:

• Determining cost criteria.
• Selecting routing structure.
• Calculating and communicating estimates.
  

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WHAT YOU WILL LEARN:

• Determine cost criteria.
• The cost structure and terminology is explained in terms of door-to-door multimodal transport operations.
• Multimodal may include but are not limited to courier, air, road, rail, sea and combinations thereof.
• Charges are determined by comparing volume and weight.
• Criteria may include but is not limited to freight tonnage, chargeable weight, road freight ton and harbour tonnage.
• Cargo characteristics and client requirements are examined in order to determine transport mode.
• Cost elements applicable to the transaction, are identified for the purpose of calculating the estimate.
• Cost elements may include but are not limited to contract purchase terms, routing and mode options, statutory charges, third party providers and customer specific rates.
• The consequences of not including all cost elements and miscalculating freight tonnages are explained in terms of client relations.
• Select routing structure.
• Routing options are analysed for the purpose of selecting the most appropriate option to suit client’s needs.
• Recommendations are made to client on the appropriate option.
• Agreement is obtained on the routing and mode to be used in the estimate.
• Calculate and communicate estimates.
• Cost structure is identified appropriate to the selected mode and routing.
• Estimate of costs are determined in accordance with selected criteria.
• Completed estimates are submitted for checking and approval in accordance with organisational policies and procedures.
• Approved estimates incorporating endorsements are passed on to authorised parties.
• Endorsements may include but are not limited to company standard trading conditions, ruling exchange rates, third party quotations and conditions.
• Estimates are referenced and recorded for the purposes of monitoring acceptance and of comparing costs of actual corresponding shipments.
• The consequences of submitting inaccurate, unapproved and unendorsed estimates are explained with examples.
  

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Duration

You may begin at anytime and the training should take approximately 2 weeks to complete on a part time basis.(6-8 Hours of Study)

Course Delivery

The course is delivered through the School of Shipping Learning website and allows you to study at your own pace. Our courses can be started on Demand.

A Subject Matter Expert with over 40 years Managerial and operational experience in Freight Forwarding, International Trade and customs compliance  will provide you with academic support through the learning website and a Course Coordinator will also be available on email and telephone to provide you with administrative support.

Assessment and Award of the Certificate

You are not required to write any exams, assessments are completed online. You will need to achieve a mark of at least 60% for each assessment to receive the certification. Should you not gain competency on your first attempt one more resubmission will be allowed at no additional cost.

Entry Requirements

The only entry requirement for this course is a desire to learn and advance your career.

In order to do this course, you will need:

• An email account
• Access to a computer and the internet
• Be able to open and read PDF documents
• Read and write in the English language