The Other Half of Your Net Landed Cost of Goods

Managing parcel shipping typically includes a wide range of departments inside the organization: procurement, fulfillment operations, customer service and finance. It can also include hundreds of global carriers, each of which have different shipping systems, pricing schemes, terminology and compliance rules. With so many moving parts, the end-to-end process from procure to pay can be chaotic, and data can easily be siloed.

Net landed cost of goods, the total cost associated with getting goods into customers’ hands, consists of cost of distribution (CoD) and cost of manufacturing (CoM). For years, manufacturers and brands have worked to reduce CoM as the means to reducing their net landed cost of goods to compete and succeed in increasingly competitive marketplaces. However, this strategy is reaching its limits, and therefore companies are increasingly turning to the often more rewarding, yet complex, opportunity to reduce CoD.

In this whitepaper from Logistyx, The Other Half of your Net Landed Cost of Goods, you’ll learn how leveraging a TMS for parcel shipping can help you achieve on-time delivery in full while reducing parcel shipping costs.

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