Landed Cost Tracker

a sales and distribution module

Overview

SYSPRO’s Landed Cost Tracking (LCT) provides visibility of imported goods through shipment tracking and enables greater control of all associated costs, resulting in accurate landed costs. It enables you to track shipments of imported goods, monitor the progress and estimated arrival times of shipments, and establish a reliable estimate of the overall cost of imported goods. Furthermore, it aids the calculation of a more accurate actual cost at which to receive the goods and provides an actual cost comparison to the various estimates made during the procurement cycle.

The Benefits of Landed Cost Tracking

  • Identification of all cost elements associated with imported goods for better estimates of landed costs
  • Estimated landed cost for each product through accurate cost apportionment based on volume, value, quantity, etc.
  • Tracking of shipment arrival dates
  • Pre-costing of shipments for streamlined receipting
  • Goods Received Note (GRN) system to trace element costs for accurate invoice matching
  • Multiple tariff codes
  • Automatic update of expected arrival date when shipping date is revised
  • Archiving of completed shipments and associated costs

Bill of Materials features

  • Define a bill of costs for each inventory item per route
  • Define multiple alternate shipping routes for each stock item
  • Designate the currency rates for customs exchange calculations
  • Combine multiple purchase orders into a single shipment
  • Identify differences between landed costs and current inventory costs with the automatic cost roll-up feature
  • Compare actual invoice cost with estimated costs for all cost elements
  • Select suppliers based on shipping routes and associated costs
  • Receive traceable stock items through inspection with lot and/or serial numbers
  • Register supplier invoices against the shipment registration system
  • Revise shipment quantities if different to the original purchase order
  • Use the Landed Cost Tracking query to view shipment and element details
  • Archive the shipment once all the actual costs have been accumulated

  • Contact Us

    : Head Offices.
    Baltimore House,
    50 Kansas Avenue,
    Manchester. M50 2GL.
    : +44 (0)161 876 4498
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