Landed cost is the total cost associated with acquiring and importing a product from one location to another. It includes not only the original purchase price of the product but also all the costs incurred in the process of getting the product to its final destination. #odoo16
These costs can be divided into several categories:
Purchase Price: This is the cost of buying the product from the supplier or manufacturer.
Shipping and Freight Costs: These costs include transportation charges to move the product from the supplier’s location to the buyer’s location. It encompasses shipping fees, freight charges, and any related expenses such as insurance and handling fees.
Customs Duties and Taxes: When importing goods across international borders, customs duties, import tariffs, and taxes may apply. These costs are an essential part of the landed cost.
Handling and Storage: This category includes expenses related to handling and storing the goods, such as warehousing fees, storage costs, and any labor costs associated with unloading, handling, and storing the products.
Transportation and Distribution Costs: After the goods arrive at the destination port, there may be further transportation and distribution costs to get the products to their final destination, including local transportation expenses. #odooinventory #odootutorials #odoodemo #odoofunctionalvideos
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