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New iPhone App by PMChampion.com Helps Importers and Exporters Hold Incoterms® Right in their Hands(September 29, 2011)
New York, NY (PRWEB) September 29, 2011
With the PMChampion.com Incoterms® 2010 Tutorial app for iPhone and iPad, international importers and exporters can get quick and easy access to the latest 2010 Incoterms®, including descriptions of each term and their applicability to individual trades. Knowing these terms is intrinsic to traders in order to protect themselves and their goods from misinterpretations regarding responsibilities, costs and risks. With the Incoterms® 2010 Tutorial app finding the right answer is as quick as the touch of a button.
Incoterms® are published by the International Chamber of Commerce (ICC). Governments, legal authorities and practitioners worldwide, accept Incoterms® for the interpretation of the most commonly used terms in international trade.
The Incoterms® 2010 Tutorial app highlights the changes from Incoterms® 2000 to the new Incoterms® 2010. Changes in technology have prompted changes to the Incoterms including a reduction of the number of rules from 13 to 11. The new terms also include a reclassification based on modes of transportation. All of these changes are summarized in the app provided by PM Champion.
Also provided in the new Incoterms® Tutorial is a description of the breakdown of responsibilities between the buyer and the seller and an overview of the transfer of risk. The application includes several educational videos, Tips & Tricks to avoid unpleasant situations on international contracts, and recommendations for additional in-depth guides.
For traders, Incoterms® are a fundamental guide for conducting business. Now with PMChampion.com and their Incoterms® 2010 Tutorial app, traders can have this guide available to them at all times. Dont be caught without this indispensable tool.
For more information on Incoterms 2010 Tutorial app and all other PM Champion apps visit http://www.pmchampion.com/incoterms.
Read the full story at http://www.prweb.com/releases/Incoterms/iPhoneApp/prweb8838680.htm.
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