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Evidence Guide: TLIP4028 - Administer international trading accounts

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

TLIP4028 - Administer international trading accounts

What evidence can you provide to prove your understanding of each of the following citeria?

Calculate ratings on international movement of goods

  1. Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods
  2. Over-ride discounts and rebates for shipments are identified
  3. International currency rates and exchange regulations are confirmed
  4. Consolidated rate schedule is established
  5. Cost of routing schedule is established using consolidated rate schedule
Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Over-ride discounts and rebates for shipments are identified

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

International currency rates and exchange regulations are confirmed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Consolidated rate schedule is established

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Cost of routing schedule is established using consolidated rate schedule

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate and confirm financial terms of trade with customer

  1. Credit rating for customer is established in accordance with workplace procedures
  2. Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements
  3. Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures
  4. Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents
Credit rating for customer is established in accordance with workplace procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor and address market changes in international freight forwarding

  1. Changes in international markets are constantly monitored in accordance with workplace procedures
  2. Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required
  3. Analyses of future freight forward projections and market trends are undertaken for customers as requested
Changes in international markets are constantly monitored in accordance with workplace procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyses of future freight forward projections and market trends are undertaken for customers as requested

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete documentation

  1. Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation
  2. Trading accounts in relation to identified performance measures are regularly monitored and reviewed
  3. Documentation is completed and secured in accordance with workplace requirements
Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Trading accounts in relation to identified performance measures are regularly monitored and reviewed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Documentation is completed and secured in accordance with workplace requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Calculate ratings on international movement of goods

1.1

Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods

1.2

Over-ride discounts and rebates for shipments are identified

1.3

International currency rates and exchange regulations are confirmed

1.4

Consolidated rate schedule is established

1.5

Cost of routing schedule is established using consolidated rate schedule

2

Negotiate and confirm financial terms of trade with customer

2.1

Credit rating for customer is established in accordance with workplace procedures

2.2

Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements

2.3

Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures

2.4

Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents

3

Monitor and address market changes in international freight forwarding

3.1

Changes in international markets are constantly monitored in accordance with workplace procedures

3.2

Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required

3.3

Analyses of future freight forward projections and market trends are undertaken for customers as requested

4

Complete documentation

4.1

Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation

4.2

Trading accounts in relation to identified performance measures are regularly monitored and reviewed

4.3

Documentation is completed and secured in accordance with workplace requirements

Required Skills and Knowledge

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Calculate ratings on international movement of goods

1.1

Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods

1.2

Over-ride discounts and rebates for shipments are identified

1.3

International currency rates and exchange regulations are confirmed

1.4

Consolidated rate schedule is established

1.5

Cost of routing schedule is established using consolidated rate schedule

2

Negotiate and confirm financial terms of trade with customer

2.1

Credit rating for customer is established in accordance with workplace procedures

2.2

Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements

2.3

Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures

2.4

Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents

3

Monitor and address market changes in international freight forwarding

3.1

Changes in international markets are constantly monitored in accordance with workplace procedures

3.2

Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required

3.3

Analyses of future freight forward projections and market trends are undertaken for customers as requested

4

Complete documentation

4.1

Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation

4.2

Trading accounts in relation to identified performance measures are regularly monitored and reviewed

4.3

Documentation is completed and secured in accordance with workplace requirements

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

applying relevant legislation and workplace procedures

communicating effectively with others

implementing contingency plans

monitoring work activities in terms of planned schedule

negotiating contract requirements and issues related to international trading accounts

operating electronic communications equipment to required protocol

reading and interpreting relevant instructions, procedures, information and labels

selecting and using relevant computerised systems and equipment for calculations and document generation

working collaboratively with others

working systematically with required attention to detail.

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

aspects of contract law relevant for administering international trading accounts

banking procedures and exchange rates

contacts and sources of information and documentation needed for administering international trading accounts

customer service policies and procedures

documentation requirements of international and domestic banks, governments, clients, suppliers and agents

international legislation regarding carriage of goods

operational procedures for document control

payment terms and procedures for method of international payments

relevant agreements, codes of practice and legislative requirements including international trade and freight regulations

typical problems that can occur and appropriate action that can be taken to prevent or solve them

workplace procedures for administering international trading accounts.

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment.

Non-essential conditions can be found in the Companion Volume Implementation Guide.