Supply Chain Cost Evaluation
One of the most frequently asked questions by the entrepreneur is: What is the price of my product including international transportation and related charges?
To answer this seemingly simple question, it is important to analyze the cost and time events that the product goes through in detail. Considering the concepts developed on the International Negotiation Terms, INCOTERMS 2020 and the cost of the product at the factory, it is time to describe each one of the costs that are part of the supply chain.
Arrival cost represents the total cost of a product on its journey from the production plant to the buyer’s door.
It includes the price of the merchandise, shipping costs, insurance rates, customs duties and any other charges incurred along the way.
Not only is it important to know how to calculate the cost of unloading, but it is necessary to run a successful business.