International Training Center

The Wake Tech SBC is one of four International Training Centers in North Carolina designated to provide education programs, travel opportunities, connection to resources, and one-on-one assistance to small and medium size businesses looking to grow through international trade. Services are available to all businesses in the SBCN Research Triangle Region, representing the following counties: Wake, Johnston, Harnett, Hoke, Moore, Lee, Chatham, Orange, Durham, Caswell, Person, Granville, Vance, Warren and Franklin. Wake Tech will also serve the SBCN East/Northeast Region.

Import & Export Assistance

The following organizations provide additional programs, training and assistance with international trade:


International Commerce Courses

Course
Importing: Eleven Things You Need to Know
Name
SEF-3001ZR1
Available Classes
Not currently offered.
Description Course Outline Requirements Intended Audience More Details
Intended Audience
Tentative or existing small to medium size businesses new to importing.
Description
This full-day course covers the basics for prospective importers – everything you need to know before starting to import goods or services. The course covers products sourcing, logistics, methods of payment, and customs clearing. Emphasis is placed on compliance with the requirements and regulations of U.S. Customs and Border Protection.
Course Objectives
  1. have a basic understanding of the processes involved in importing goods into the United States. This will include sourcing of products, documentation required for clearing customs, classification of goods, and payment of customs duties. Students will also have an understanding concerning the concept of “informed compliance” and how to obtain compliance information for any type of product.
Outline of Instruction
  1. Introduction
    A. Instructor introduction
    B. Overview
     Purchasing
     Financial Considerations
     Logistics
     Customs Entry
     Compliance
    Risks
    C. Resources
     Glossary
     Internet
  2. Licensure
    A. Do you need a license to be an importer?
    B. Based on the nature of the product
     Products subject to restrictions
     Other government agencies
    C. Based on the seller of the product
     Restricted Persons List
    D. Based on the origin of the product or shipment
     Sanctions List
  3. Import Purchasing
    A. Quality Control
     Example – collar clips
    B. Inquiry
     Specifications
     Product samples
  4. Informed Compliance
    A. Customs and Border Protection (CBP)
    B. Informed compliance publications
    C. Record keeping
    D. Customs audits
  5. Incoterms 2010
     What they are
     What they are not
     How to use them
  6. Harmonized Tariff Schedule – HTSUS
    A. Classification of Goods
     How to look up products in the HTSUS
     How to find import duties
     Trade agreements
     Example – Shirts from China
    B. Quotas
    C. Generalized System of Preferences
     Country list
     How to look up
     Two examples
  7. Customs Clearance
    A. Customs Brokers
     What they are
     What they do
    B. Entry
     Formal Entry
     Informal Entry
     Importer of Record
     Required Documents
    C. Inspection
    D. Appraisement
     Dutiable Value
     Invoice requirements
    E. Classification
    F. Liquidation
     Payment
     Disputing a CBP decision
    G. Examples
     Electric Motors
     Automobiles
  8. Foreign Trade Zones
     What are they?
     Benefits
  9. Purchasing Issues
    A. Product
    B. Pricing
     Standards
     Packaging requirements
     Quality control
     Landed Cost
     Duty Drawback
    C. Sourcing
     Intermediaries
     Trade shows
     Internet
     Pitfalls
    D. Enquiries and Pro Forma Invoices
  10. Freight Forwarders
     Services they provide
  11. Risks
    A. Country Risk
    B. Transit Risk
     Marine Insurance
     Why you should always get it
    C. Financial Risk
  12. Payment Methods
    A. Cash Terms
     Wire Transfer
     Credit Card
     PayPal
    B. Open Account
    C. Cash Against Documents
    D. Documentary Collection
    E. Letter of Credit
Contact Hours
6
CEU's
0.6
Industry Standard, State, or National Certification
No
CE to CU Articulation
No
Prerequisites
None
Text and Supplies Needed
Booklets provided
Clinical Site/Special Facilities
Requirements for Successful Completion of this Course
  1. Attendance 80% or above
  2. Participation
Accreditation/Special Approval Requirements
Intended Audience
Tentative or existing small to medium size businesses new to importing.
Specific Industry or Business Support Needs
Industry or Job Titles Related to training Outcomes for Employment
Related Courses
Course Contact Information
Theresa Peaden