Many companies overlook common cost elements, such as duties, tariffs, taxes, harbor fees and handling fees because manually gathering and processing this information means extra work. Other companies might not use current, timely data to produce accurate landed costs. As a result, their margins suffer because their pricing decisions do not reflect the true cost to produce and deliver goods.
Automating these calculations is a more efficient and straightforward way to produce accurate landed costs for optimized margins. E2open’s intelligent applications for imports and exports make it possible to effortlessly factor the complete spectrum of landed cost components into the picture.
With automation tools and up-to-date trade content, companies can easily create accurate total landed cost calculations, improving margins and driving competitive advantage.