Global Trade Minutes Video Series Part 2: Landed Cost
With so many factors to consider, calculating total landed cost can be daunting. Learn about the cost elements and country-specific variables that affect total landed cost. With this information, you'll be uncovering savings opportunities in no time!
Global trade management can be complex…and so can the terminology! We created a series of short videos to help you understand the basics. Last week we introduced the first video in the series, which focused on restricted party screening. This week we will focus on landed cost.
In the second video of the series, we explain what a landed cost is and what components are involved when performing this complex calculation. Take a minute to learn more about landed costs – watch this short video!
Landed costs will vary based on the points of origin and destination, and are difficult to manually record and calculate. Discover how automating landed cost calculation can improve your pricing and sourcing strategies – download our Sourcing Optimization brochure.
Be sure to check back next week for part three of this series, which will focus on duties and tariffs.
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