Landed Cost Management
Landed Cost Management offers your organization a clear financial overview of supply chain expenses, encompassing transportation and handling costs, insurance fees, duties, and taxes, which can constitute a substantial portion of an item’s total cost.
This system empowers you to accurately integrate these expenses into your overall financial operations and decision-making processes.
Initially, Landed Cost Management estimates these expenses and subsequently updates them with actual figures as they become available, attributing them to shipments, orders, and products. This capability enables you to maximize profits, enhance visibility into outstanding financial obligations, increase competitiveness, and ensure compliance with complex trade regulations.
About Author:-
Samir has over over 13 years of IT experience, currently working at Trinamix Systems Pvt. Ltd. His role includes as a Solution Architect (Techno-Functional Consultant) specialising in Fusion Cloud – SCM/Finance, he excel in various domains such as Business Requirement Gathering, Gap & Risk Analysis, System Design, Application Software Development, Implementation, and Application Testing.