Picture of a pause button. Picture of a play button.
[Lighthouse Logo]

Landed Cost

The Lighthouse Landed Cost module enables profit maximisation through enhanced visibility and the accurate calculation of the forecast and actual costs of shipping goods by various methods and routes.

The module provides comprehensive tools to analyse and capture shipping, handling and import fees accrued against products, as well as facilitating the identification of cost exceptions.

Benefits

  • Increases profitability through more accurate product pricing based on cost analysis.
  • Identifies the most cost effective route to market by analysing shipment costs versus sales potential.
  • Reduces excess charges through invoice verification and ensures accurate duties and taxes are applied.
  • Provides visibility of costs in multiple currencies.

Features

  • Calculates an accurate estimate of landed cost based on shipment method, country of origin, duties and taxes.
  • Quantifies savings in landed costs through 'what if' scenarios such as air freight and sea freight.
  • Captures actual shipping, handling and import costs.
  • Records and calculates landed costs in multiple currencies.
  • Compares forecasted and actual invoice costs.
  • Identifies true landed cost through cost apportionment based on volumes, equipment, quantity, shipment route, shipment method etc.
  • Allows for cost variants based on contract type, payment terms and discount rates.

Management Information

  • Forecasted landed cost reporting.
  • Actual landed cost reporting
  • Alerting to exceptional costs.

This module is one of many available in the Lighthouse system. To discuss your business requirements in more detail with an ediTRACK adviser, contact us today.