With the developing of supply chain, logistics management increasingly affects bottom line. You need to know the price of the goods after they arrive at the warehouse. Business owners can miss out on their profits due to incorrect land value calculations when manually entered.
Thanks to the cost module in the supply chain management system, companies receive a technological way to track goods and calculate the final cost of delivering the goods to the final destination.
A single data entry has the effect of ensuring that the total shipping cost provides you with an accurate record of end-to-end shipping costs. Companies can also avoid financial mistakes by automating administrative tasks. These additional features save staff time and streamline the manufacturing process from manufacturer to warehouse.
Frequently, shipping costs reach up to 40% of the total unit cost. This cost includes transport to the port of departure, direct departure and loading, customs, transport from the port of arrival. This is all without taking into account unforeseen delays and fees.
Features of landed cost module
The Landed cost module in Supply Chain Management provides the following features:
These features help you avoid guesswork and provide transparency in the product pricing process:
Editor of voyages
Each stage of the journey can be identified. Workers can also create flights with a purchase order from a number of organizations.
Templates for shipping and cost management
Landed cost of goods supports the creation of a series of adjustable templates. With their help, you can simplify adherence to the correct course by providing the ability to accurately record fees. So cargo flights comply with legal and regulatory requirements.
Tracking the voyage
Transit Tracking Recording is included in the shipping cost.
All data is available in the Supply Chain Management application. Initially, you need to enter the date information, then the update of the delivery status and arrival date will start. Here's what this feature allows:
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