About the Book
Many businesses underestimate the true financial burden of their inventory, often overlooking critical expenses beyond the initial purchase price. “Landed Cost Explained” provides an indispensable guide for understanding and mastering the complete cost of goods, transforming how organizations approach their supply chain finances. This definitive playbook, penned by the International Trade Council, reveals the often-hidden layers of expenditure that impact profitability and strategic decision-making.
This essential resource meticulously deconstructs every component of landed cost, from freight, insurance, and brokerage to duties, VAT/GST, and demurrage. Readers will discover how Incoterms dictate financial responsibilities, learn precise allocation methods, and gain strategies for cost reduction and risk management. With practical, step-by-step formulas and real-world case studies, this book empowers businesses to accurately calculate, control, and strategically leverage their total inventory costs for sustained success.
