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The Landed Cost Service enables importers and
exporters to make smarter sourcing decisions, provide
more accurate sales quotes, and capture all charges involved in export and
import of goods. These costs are applied to inventory valuation to provide a
more accurate cost and profit analysis per item.
The charges are varied and many – from a product, to documentation, to
transportation and service providers. Costs can be fixed, calculated in advance,
estimated, and assessed historically. Complexities are compounded due to
sophisticated valuation procedures, synchronizing multiple currencies,
accounting for fluctuations, and having the capability to capture current
data as goods move around the world. TradeMasterQW manages financial
data, thus increasing landed cost accuracy as additional information becomes
available.
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