The target sector for evaluate the preparation of shipping documents associated with the import and export of goods is wholesale trade. As part of Singapore Economy 2030, the Trade 2030 strategy will deepen and widen Singapore’s trade and help enterprises grow beyond our borders.
Through growing trade volume, diversifying trading activities, expanding trade with more parts of the world, and attracting more global traders and new trade flows through Singapore, the trade industry will see more reexports and transshipment flows and plug Singapore more deeply into global supply chains.
Hence, companies from wholesale trade sector will need to learn import and export documentation administration to ensure compliance with these regulations, reducing the risk of penalties, delays and legal issues. By understanding import and export documentation requirements, professionals can streamline operations, reduce processing times and avoid unnecessary delays in customs clearance and logistics. Lastly, International trade practices and regulations evolve over time. Learning import and export documentation administration helps professionals stay updated on the latest industry trends, regulatory changes, and best practices. This enables them to adapt to new requirements and maintain a competitive edge in the global marketplace.
The identified Skills Map is for Trade Finance Directors or Operations Directors who work on ensuring trades performed are aligned with regulations and organisational guidelines, guides the development of procedures that enables timely and safe handling and deployment of products as well as driving execution of the organisation’s trade finance activities and strategies. The course aims to engage learners, primarilyHead of Operation and Head of Trade Finance, to keep abreast of local and regional market developments and regulations that would have an impact on trade operations.
Hence, target learners such as Head of Operation and Head of Trade Finance would need to have strong stakeholder engagement skills, trade flows, trade settlements and guides the development of procedures that enables timely and safe handling and deployment of products. This course would address learners’ training need.
On completion of the course, the learner will be able to achieve the following learning outcomes:
- Analyse the evolving standards, market dynamics and trends in shipping documentation requirements.
- Develop strategies to streamline cargo documentation procedures based on INCOTERMS, IATA and FIATA standards.
- Develop logistics solution in response to changing standards in cargo documentation.
- Develop negotiation techniques to facilitate discussion on documentation terms in case of dispute.
- Evaluate the impact of changing standards in cargo documentation.
Minimum Entry Requirement
Learners are Head of Operation and Head of Trade Finance in respective organisations. Learners for the programme are to submit a letter from Head of Human Resource Department of the respective organisations to certify that:
- The learner possesses English literacy to manage routine work-related conversations and organisational procedures.
- Able to operate a personal desktop computer / laptop.
- With at least 1 years supervisory/managerial working experience in wholesale trade or professional.
Learners who do not meet the above requirements will not be admitted for the course. Such entry requirements will ensure that the learners have some working knowledge of the organisation’s human resource programmes and activities to appreciate how the application of the Skills Framework for the implementation of these programmes and activities.
This course will comprise of short lecture, discussion and case study. Learners must bring along their laptop to view their digital handout, pen and personal notebook. SBF will not print physical handout and pen.
Written Assessment - Case Study = 30 mins; Short Answer Questions = 30 mins. Assessor-to-Learner Ratio: Min 1: 6, Max 1: 20. Date of assessment: 26 Feb 24
Oral Questioning on Written Assessment = 10 mins. Assessor-to-Learner Ratio: Min 1:1, Max 1:1. Date of assessment: Learners are to select one of these dates 26 Feb | 27 Feb 24. Actual time to be advised.