Sales Automation
  • CRM

  • Point of Sale

  • Sales

  • Subscriptions

  • Rental

  • E-Commerce

  • Inventory

  • Help Desk

    Finance Management
  • Accounting

  • Expenses

  • Approvals

  • Mobile Payments

  • Documents

  • E-Signature

  • Purchase

    Human Resources
  • Recruitment

  • Employees

  • Leave

  • Appraisal

  • Payroll

  • Attendance

  • Timesheets

  • Discuss

    Marketing Solutions
  • Mass Mailing

  • Survey

  • Social Media

  • Forums

  • Project

  • Field Service

  • Email

  • SMS & Text Messages

    Operations Management
  • Inventory

  • Timesheets

  • Project

  • Purchase

  • Helpdesk

  • Field Service

    Production
  • MRP - Material Requirement Planning

  • PLM - Product Lifecycle Management

  • MRP Maintenance

  • Quality Management

    Advanced Planning and Optimization
  • Demand Forecasting

  • Inventory Planning

  • Production Planning

  • Shop Floor Control

    Mobile Retail Execution
  • Proven on-demand mobile retail execution software that is easily configurable to support the specific functions and roles of your retail teams, from your national account managers and distributors to your field reps and merchandisers.


    It span across modern, traditional trade, as well as merchandising activities.

    Van Sales and Direct Store Delivery
  • The solution provides comprehensive workflows for call planning, inventory management, merchandising, route accounting and settlement payments.


    Field reps can plan routes, monitor inventory levels, manage merchandising, collect payments and perform other critical sales activities through mobile devices.

    Field Force Management
  • The solution ensures the right people with the right skills, are at the right job, at the right time—at the lowest possible cost.


    Field employees are equipped with the tools to work faster and smarter while keeping managers better informed to make faster, better and cost-effective operational decisions based on real-time data.

    Distribution Management
  • It improves efficiency and communication btn field teams, operations and distribution centers using cloud-based real-time info. Thr’gh dynamic dashboards and reporting.


    Distributors get access to relevant data, e.g. pricing quotes, orders that link seamlessly with back-office inventory, fulfillment & accounting.

How Odoo ERP Helps Manufacturing Companies Manages their Landed Cost

Landed costs include all charges associated with a good transfer.

Landed cost includes = Cost of product + Shipping + Customs + Risk

All of these components might not be applicable in every shipment, but relevant components must be considered as a part of the landed cost. We have to identify the landed cost to decide the sale price of the product because it will impact on company profits.

Here is how to automate this process on Odoo.

Applications configuration

First, you need to activate the use of the landed costs. Go to Inventory application ‣ Configuration ‣ Setting. Check accounting option Include landed costs in product costing computation & Perpetual inventory valuation, then click on Apply to save changes. Then go to the Purchase application ‣ Configuration ‣ Setting. Choose the costing method Use a 'Fixed', 'Real' or 'Average' price costing method, then click on Apply to save changes.


Then go to the Purchase application ‣ Configuration ‣ Setting. Choose the costing method Use a 'Fixed', 'Real' or 'Average' price costing method, then click on Apply to save changes.

Landed Cost Types

Start by creating specific products to indicate your various Landed Costs, such as freight, insurance or custom duties. Go to Inventory ‣ Configuration ‣ Landed Cost types.


Note:

Landed costs are only possible for products configured in real-time valuation with real price costing method. The costing method is configured in the product category.

Link landed costs to a transfer, To calculate landed costs, go to Inventory ‣ Inventory Control ‣ Landed Costs. Click on the Create button and select the picking(s) you want to attribute landed costs.


Select the account journal in which to post the landed costs. We recommend you to create a specific journal for landed costs.

Therefore it will be easier to keep track your postings.


Click the Compute button to see how the landed costs will be split across the picking lines.


To confirm the landed costs attribution, click on the Validate button.

Singo Africa Ltd can help you set up this for you to ensure your whole importation costs for your raw materials, sub-assembly and semi-finished goods are all included to drive your company margin profits and align your business for best financial performance analysis.