Landed Cost Calculation
Landed Cost Calculation in CargoWise refers to the precise determination of the total cost involved in importing goods. This includes not only the base product price but also additional expenses such as international freight, duties, insurance, taxes, and customs brokerage fees. By centralizing all cost variables, this feature allows businesses to determine the actual cost per unit and make informed pricing decisions.
Landed cost calculation is integrated into CargoWise’s procurement and forwarding operations. It automatically gathers real-time figures from shipments, supplier invoices, and customs data to comprehensively overview all expenses. This improves financial forecasting and maintains regulatory compliance. This technology enables forwarding companies and logistics providers to maintain margin control, accurate billing, and supply chain transparency. Whether importing in bulk or managing complex, multi-leg shipments, Landed Cost Calculation ensures that all cost components are traceable and accounted for.
