8Q Estimated Landed Cost
Why are landed costs so crucial?
Think of them as the iceberg lurking beneath the water’s surface. The visible price tag is just the tip, while the hidden costs – freight, customs duties, taxes, and more – form the bulk of the iceberg. Ignoring them can lead to underpriced products, eroded profits, and inventory chaos.
Imagine this: you’ve sourced the perfect product overseas, negotiated a fantastic price, and eagerly await its arrival. But then, a surprise awaits at the doorstep – a hefty bill for hidden fees and charges you never saw coming. Landed costs, those sneaky expenses beyond the product price itself, can wreak havoc on your profit margins and budget.
Don’t let hidden costs sink your business. 8Quanta is your lifeboat to navigate the landed cost labyrinth with confidence. Contact us today and discover how we can help you streamline your operations, optimize your finances, and unlock a world of profitability.
It's like switching from roadmap to GPS
Landed Cost is a combination of
8Q ELC benefits
The Challenges of Landed Cost Calculation
Conquering landed costs requires more than just basic arithmetic. It’s like navigating a labyrinth blindfolded, where every twist and turn holds the potential for costly missteps. Here’s where even the most seasoned business whizzes can get tripped up:
The stakes are high, my friend. Inaccuracies in landed cost calculations can lead to a domino effect of negative consequences. Pricing becomes inaccurate, profitability suffers, and inventory management becomes a guessing game. But fear not, for in the next chapter, we’ll unveil the secret weapons to conquer the landed cost labyrinth and emerge victorious (and profitable!).
The Challenges of Landed Cost Calculation
«We’ve worked with 8Quanta to help integrate new bundles and Modules into our NetSuite account. They are attentive and have helped guide us better optimize our system capabilities with existing out of the box functionalities. Stephanie’s communication was excellent during our first build with 8Quanta and Jay tried his best to always understand what we were attempting to communicate and provide us with options to achieve our needs.»Jack Cremmen
«Our company has been on NetSuite for almost 11 months now. In that time, we’ve worked with three other NetSuite consultants that have created multiple scripts which have not fixed our issues but have cause additional issues and made things worse. Then I found 8Quanta.
8Quanta has taken our system back to the native NetSuite functions and along the way are teaching us how to use the native functionality. With 8Quanta I feel we’re getting the personal attention and instruction needed to use the system for what it is without a lot of confusing scripts. Thank you, Gerald and team.»Paul Cruson
«I wanted to reach out and express our gratitude for you and your company's services. We truly wish we had met you sooner! As you may be aware, our previous consulting group failed to fully grasp the intricacies of our business and the requisite interconnectedness of the modules needed for our Company to thrive. Although we are still addressing some of the design and implementation challenges from our past, we have gained a lot more confidence in our company's future success. Wishing you all the best!»Andrew Barnes
Supports six allocation methods
Supports unlimited NetSuite Landed Cost templates.
Offer full auto reconciliation of the Estimates to Actual with GL inventory and COGS details.
Are posted at the same time as when you receive your inventory.
Includes margin calculation options at item level by template and by allocation method to ensure your COGS are accurate.
Ready to Conquer Your Business Labyrinth?
See the power of 8Quanta in action:
- Simplify your landed cost calculations. Eliminate manual errors and gain real-time insights with our automated platform.
- Uncover hidden cost traps. Identify opportunities for negotiation, optimized sourcing, and even modal shifts.
- Make strategic decisions with confidence. Base your pricing, sourcing, and supply chain strategies on accurate data.
Ready to unlock the full potential of your landed costs? — Schedule your demo and start your journey towards enhanced profitability and strategic agility.