Managing landed costs was becoming a nightmare for one mid-size consumer goods importer. Shipping dozens of containers each month from Asia and Europe, their finance team struggled to reconcile freight, duties, and handling charges across multiple vendors, currencies, and templates.

The Challenge

Manual spreadsheets, reactive pricing, and late reconciliations were the painful norm. The landed cost estimates were often too low—leading to underpriced inventory and lost margin. The team spent hours trying to match vendor bills with item receipts. Reporting lagged. Errors multiplied. Financial visibility was poor.

The Turning Point

That’s when they turned to 8Quanta.

With the implementation of 8Q Estimated Landed Cost, their NetSuite system was transformed into a cost transparency engine. Landed cost templates were customized to match their operations—allocating freight, customs, and insurance by volume, weight, or quantity, depending on shipment type.

The Results

✅ Estimated costs now appear automatically at the time of item receipt—no manual input needed
✅ Vendor bill variances are reconciled in real time, with journal entries posted automatically
✅ Pricing teams now work from accurate landed cost data—protecting margins from day one
✅ Inventory valuation is cleaner, more consistent, and audit-ready
✅ Finance now closes books faster, with less manual effort

Scalable & Ready for Growth

Today, the importer strides confidently into new markets, their growth unhindered by the limitations of their systems. With 8Q ELC, adapting to new cost categories, currencies, and evolving reporting needs is seamless, ensuring workflows remain unbroken and their expansion continues without constraint.

Meet Us at the Summit

This transformation isn’t unique. It’s what 8Quanta delivers every day for import-driven businesses.

Come meet the team at the American Supply Chain Summit 2025 in Dallas and see how we can help you gain control of your landed costs.

📍 Loews Arlington Hotel | May 1–2

Register here