Below are a few tips to calculate landed costs:
1. Convert currency for a realistic cost estimate. Use conversion rate on the expected delivery date for accurate figures.
2. Landed prices vary by shipment type. For accurate data, landed cost must be determined for each shipment. Even with similar items, delivery methods, and freight forwarders
, landed charges may differ.
3. Fees, tariffs, taxes, exchange rates, and other variables impact freight expenses year-round.
4. Landed cost calculations help you control returns. Shipping, customs, taxes, and other fees must be considered when planning international returns. Considering these might help you determine the cost of free returns and delivery.