Know your true costs for imported products as tariffs and other cost change
Are you making pricing decisions based on incomplete cost data? Many companies only factor in their supplier’s production costs — missing critical elements like duties, tariffs, taxes, and transportation fees that significantly impact your true margins.
However, total landed cost calculations can be challenging. Trade data frequently changes and is difficult to capture on a regular basis. To accurately price products, brand owners need a landed cost model that eliminates any guesswork and can automate the data capture and calculations.