Calculate Landed Cost Accurately With ChainDrive
Landed costs can be tricky to calculate because everything depends on circumstances. Did the price of shipping containers change? Have duties, insurance, or other fees been escalated? Has a typhoon or civil unrest added to the time it will take the merchandise to arrive? These hidden costs and others like them must be part of the calculation when pricing a product or the complete cost isn’t accurate and profit suffers. That’s why ChainDrive’s Merchandising component has integrated formula-based land cost calculators as part of the basics.As Many As Necessary
As Many As Necessary
It doesn’t matter how many different formulas you need because this tool allows unlimited preset landed cost formulas. Once they are created, they can be used as often as necessary for any product order. Variables in vendor types can be included so that tracking and managing performance is simple.
Generate up-to-date reports that have comprehensive detail for analysis. Look at the big picture or the style, size, and/or color of one thing. All the hidden costs in merchandising can be monitored. That means that no matter where in the world it comes from, the initial markup is accurate and profit is clear.
As Often As Needed
Because ChainDrive is an integrated retail management system that utilizes a centralized database it doesn’t matter when data needs to be accessed. It is collected continuously for real-time updates of status as often as needed. All the changing dynamics of a global business are captured for analysis whenever it is necessary and as closely focused as warranted.
The Intelligent size and SKU analysis tool can snapshot size/SKU performance at any moment in the life of the product. Stock-by-size and other conditional queries enable accurate results. These tools are only part of the package for merchandising. Others enable challenges like multiple vendors per product or multiple sized runs for different regions to be met with ease. Bulk, pre-packs, or kit purchases are not a problem to change as conditions change.
Flexibility For The Real World
Merchandise for today’s retailer comes from all over the world. The costs of bringing that merchandise to the shelf have to be accurately assessed so that the retailer can stay competitive. Crucial, relevant data is available on demand with ChainDrive’s Merchandising component so that landing costs and more can be analyzed without error. Decisions can be made with confidence when the software is ChainDrive.