Track Landed Costs Such as Duty, Brokerage and Freight
What is Landed Cost Tracking Software?
Blue Link’s landed cost tracking software allows you to account for all costs associated with getting inventory to your warehouse — your true inventory costs.
Track as many landed costs as you require — there is no practical limit. Common landed costs include: duty, brokerage, freight, insurance, storage, wharfage and many more.
Commonly used for businesses that import and export product, landed cost tracking also accounts for the costs and charges associated with moving inventory from multiple warehouse and shipping locations within the same country.
Benefits of Landed Cost Tracking Software
Many wholesalers and distributors import product and rely on accurate landed cost tracking in order to determine the actual cost of their inventory. This is especially true for importers and exporters. Blue Link provides robust landed cost tracking functionality available to all customers. This eliminates the need to manually track the costs associated with getting product to your warehouse – a process that is time consuming and error prone. Automating the process of tracking landed costs provides many benefits, including:
The ability to accurately track true product costs
The ability to make informed purchasing and pricing decisions that reflect the true costs of product at any given time
The ability to maintain target margins with no surprises from unidentified costs
Save time manually tracking costs and fixing errors – Blue Link automatically tracks and accounts for the landed costs identified by your company
Ability to allocate landed costs proportionately — different percentages based on weight, container etc.
“Our old system, before Blue Link, used to calculate landed costs for an entire shipment. We would then have to go into each individual item and apply landed costs manually. With Blue Link, it’s nice to have those costs allocated to all items on the order automatically. Another great feature is the ability to calculate landed costs even before receiving items when creating a PO.”