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TLC

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Latest revision as of 01:34, 22 August 2020

Total Landed Cost is a term describing the total cost of a product or service to arrive at the Buyer's point of consumption or retail sale. This includes the original price of the product, all transportation fees, customs, duties, taxes, insurance, currency conversion, demurrage, packaging, handling and payment fees.

Use Cases

  • In Retail: The cost to deliver and receive the merchandize at the location from where the product is shipped to fulfill customer orders (typically a store or Distribution Center)
  • In Manufacturing: The cost to deliver and receive raw materials at the location where it is stored for or used in the production process (typically a raw materials warehouse or a factory)

Source-to-Replenish Source-to-Order Source-to-Engineering-Order Direct Material Costs m:CO1111 m:CO1112 m:CO1113

Metric(s)

IDNameLevelx
CO111Direct Material Costs3CO111
Total Landed Cost 0 0 Metric, Source, Cost, Procurement, COGS, Supply Chain The total cost of a product or service to arrive at the Buyer's point of consumption or retail sale.