Many distributors and manufacturers struggle to keep up with the dynamics of importing goods and the flexibility required in cost allocation methods. Scalable's Landed Cost solution can offer significant benefits.
Reduce manual effort and have accurate inventory valuation
Many distributors and manufacturers struggle to keep up with the dynamics of importing goods and the flexibility required in cost allocation methods. When goods are imported, it is necessary to capture the additional costs - such as customs charges, handling and taxes, to determine the landed costs of imported goods.
Landed Cost helps to simplify and streamline the often laborious and time consuming task of tracking shipment costs. The module enables these tasks to be completed efficiently across all shipments and will significantly reduce the amount of manual effort required. Thanks to a tight integration with Purchase Orders in Microsoft Dynamics AX your costing and shipment tracking will be accurate and efficient.
With voyage tracking incorporated into Landed Cost, you can use Dynamics AX to define and track direct and tranship services provided by shipping companies. Voyages can be created from defined shipping companies services based on price and /or delivery time. Depending on the number of shipping services you company uses, you can chose to define the whole service route or just the ports that are relevant to your trading.
The system can store multiple container sizes and types, each with different charge rates held against them. Port service charges for each combination of container type and port can be stored against each shipping company, as can BAF charges. All of this allows the user to get a complete picture of total shipping charges associated with a voyage.
Various cost allocation methods
With Landed Cost distributors and manufacturers can calculate accurate inventory valuations by including additional charges beyond item purchase cost. The system supports a range of cost allocation methods.
Charges can be apportioned over the whole shipment or individual lines as items can attract different duties, levies and charges.
Adding the landed cost to your inventory valuation enables you to calculate an accurate cost and profit analysis of vendors, clients and projects.
Efficient and accurate delivery
The easy to navigate screens allow for a simple and time efficient delivery process by tracking and receiving goods by shipment and container.
Scalable's Landed Cost is fully integrated with Microsoft Dynamics AX making the whole process of importing as efficient as possible, ensuring accurate delivery schedules and satisfied customers.
Key benefits of Import Costing with Shipment Tracking for Microsoft Dynamics AX:
Multi-currency miscellaneous charge capability.
Attach all costs to an item that can be distributed using many different allocation methods not found in the Trade and Logistics modules.
Unit of conversion ability for the correct allocation of miscellaneous charges.
Multiple Vendor/Multiple Purchase Orders per shipment.
Attach items to containers and cartons for easy tracking and receipt.
Receiving goods into an In-Transit warehouse and automatically updating once shipment consignment arrives.
Track the status of the shipment by use of dates - departure, ETA etc
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