Get to know the vital terms of Logistics and Supply Chain Management.
Who Charges the Unit Cost: The unit cost is typically determined by the manufacturer, supplier, or logistics service provider.
Charge At: The unit cost is applied at the point of production, procurement, or transportation of goods.
Unit Cost Description: The unit cost represents the expenses associated with producing, procuring, or transporting each unit of a product or shipment. It includes factors such as raw materials, labor, transportation, and overhead costs.