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Export and Import Management Export and Import Management Export is any good or commodity, going out of one country to another in a legitimate fashion, typically for commerce. Export goods or services are therefore provided to foreign consumers by domestic producers. Its counterpart is Import. The methods of transfer in export-import includes a product or good being mailed, hand-delivered or downloaded from an internet site or sent in the form of a facsimile, email or during a telephone conversation. Export and Import Management • Foreign trade is likely to account for 40% of GDP over the next three years. • Export-import management in the 21st century requires knowledge about WTO, EXIM procedure, FOREX Risk Management, Trade Finance, strategies, rules etc. • This program aims at skill development in the strategic management of EXIM business. How to export & import, what to export & import & where to export. Export and Import Management • Export-Import activities involve considerable risks of economic and political nature. Economic risks could be relating to: insolvency of the buyer, protracted default, non-acceptance, etc. Political risks could be like: cancellation or nonrenewal of export/ import licences, imposition of an import ban after the shipment of the goods, expropriation, foreign currency shortage, war, etc. Key Learning Areas Exim policy of India and other countries International regulatory framework Export Factoring and Forfeiting Shipping and Transport Logistics Risk management in International Trade • International Financial Systems Career • Documentation / Shipping Exec. / Manager • Merchandiser / Business Development Manager / Production Manager / QA / QC Exec. / Purchase Officer/ Merchandiser/ Textile Designer • Accounts Exec. / Accountant / Accounts Manager / Chartered Accountant / Cost -Accountant • Logistics Exec./ Logistics Manager / Warehouse Manager / Transport / Distribution Manager • IT DBA / System Administrator / Network Administrator / System Security / Technical Support/ • Marketing Manager / Production QA / QC Exec./ Production Manager / Factory Head / Product Development Exec. Career • Export Houses • Accessories / Apparel / Fashion Design / Textiles / Garments • Auto Ancillary / Automobile Components/ Chemicals / Petro Chemicals / Plastics / Rubber/ Software Services • Cement / Construction / Engineering / Metals / Steel / Iron • Machinery / Equipment Manufacturing / Industrial Products • Bio-Tech. / Pharma / Clinical Research • Consumer FMCG / Foods / Beverages • Retailing