In this section, you will answer questions about any Logistics requirements you may have for your system implementation. The questions in this section are designed to get you thinking about what is required of Business Central in relation to your business processes and needs.
Logistics Survey Content
- Incoterms are a set of commonly used trade terms in international transactions that establish the responsibilities, risks, and expenses involved in transporting and delivering goods. They serve as a universal language for both parties, promoting mutual understanding and minimising disagreements in international trade. Examples include EXW, FOB, CIF and DDP.
- Shipping containers, commonly referred to as cargo or freight containers, play a crucial role in the importation of goods and components by various entities such as retailers, wholesalers, distributors, and manufacturers. These containers are utilised for efficient transportation of goods via sea, land, and occasionally air. As a result, they contribute to the optimisation of logistics, enhancement of cargo security, and facilitation of cost-effective global shipment of goods.
- Landed Costs
- Landed costs determines the true cost of a product by refers including its initial purchase price, transportation costs, customs duties, taxes, and any other charges incurred in getting the product from the seller’s location to the buyer’s location. It can also help businesses calculate their profit margins and set their prices accordingly.
- Landed cost can be calculated at either the per-item level (quantity/weight/value) or the container level, depending on the specific requirements and preferences of the business. The method of calculation may vary based on the complexity of the supply chain and the level of detail needed for cost analysis. Please outline the method of calculation and provide details on the landed cost assignment.