Sangam16 - Largest Independent Oracle Users Group Conference in India

Globalization impact on business is to optimize costs with accuracy and this is crucial as it helps the business in setting right market price.  Increased sourcing option of inputs in manufacturing world has given edge to businesses in terms of cost saving, quality and overall time reduction in supply chain management. Today's business demands more transparency and competitive vendors showing/discriminating/giving breakup costs involved in transportation of materials to manufacturing plant. Transportation can also be outsourced to other operators/parties who are not directly related to manufacturing. This offered challenge in calculating true landed cost of procured material, which can be due to freight, insurance, and handling charges. Landed cost management has Advanced Features that helps businesses to capture estimated costs, variance between estimates and actual and variances due to currency fluctuations.