Skip to content Transform Import Cost Management for Manufacturing Excellence
Syspro’s Landed Cost Tracking module empowers manufacturers and distributors to gain complete visibility into all costs associated with imported goods.
By tracking every cost element from purchase to receipt, businesses can accurately calculate true product profitability and make strategic sourcing decisions that maximize competitive advantage.
Calculate true profitability by identifying and tracking all cost elements associated with imported goods, moving beyond simple purchase price to include freight, duties, insurance, and handling fees.
Maximize profits by gaining visibility into real product costs and identifying opportunities for cost reduction through better supplier selection and shipping route optimization.
Make informed sourcing decisions by understanding all associated charges. This allows for competitive pricing while keeping profit margins healthy.
Track all acquisition costs and connect product supply flows with financial processes. This provides clear visibility from purchase order to inventory receipt.
Better predict and manage working capital requirements through accurate cost forecasting and variance analysis between estimated and actual landed costs.
Support tax and duty calculations while adhering to country-specific requirements reporting and customs documentation.
Cost Element Tracking
Define and track all cost components including freight, insurance, duties, brokerage, and storage with flexible apportionment methods based on mass, volume, value, or custom calculations.
Shipment Management
Consolidate multiple purchase orders into single shipments while tracking vessel details, routes, estimated arrival times, and progress throughout the import process.
Cost Apportionment
Automatically distribute non-merchandise costs across shipment items. Utilize various allocation methods to ensure accurate cost distribution in accordance with business logic.
Real-time Cost Comparison
Compare estimated costs established during procurement with actual invoiced costs, providing immediate visibility into cost variances and their impact on profitability.
Multi-route Cost Analysis
Define and maintain multiple shipping routes for each stock item with associated cost structures, enabling optimal route selection based on cost and timing requirements.
Customs and Compliance Integration
Maintain tariff codes, nationality codes, and customs exchange rates to ensure accurate duty calculations and regulatory compliance across international markets.
LCT seamlessly links with Purchase Orders to track imported goods from procurement through receipt. Purchase order lines are connected to shipments, and due dates automatically update based on the shipment, ensuring accurate delivery expectations.
Deep integration with Inventory maintains tariff codes linked to stock items for duty calculations and updates warehouse costs with final landed costs upon receipt. This ensures accurate inventory valuations reflect true acquisition costs.
Supplier invoices for shipping and non-merchandise costs are registered and apportioned through AP, updating actual costs in LCT. This integration ensures proper expense allocation and maintains accurate supplier balances.
Cross-references customer back orders with incoming shipments through the Sales Order Action Report, enabling proactive customer communication about delivery status changes due to shipment delays or expedited arrivals.