Get to know the vital terms of Logistics and Supply Chain Management.
Who charges: Various parties, including carriers, customs agencies, and other concerned entities.
Charged at the destination.
Landed Cost refers to the expenses incurred when importing products into a country, including the purchase price, freight, insurance, customs duties, taxes, and any other charges up to the point of delivery to the buyer’s address.
Tips: Understand the numerous components that contribute to landing costs and include them into your pricing and supply chain decisions to enable proper cost assessment and control.
