True Landed Cost

Do you know what your real "landed costs" are?
As a distributor, your profits revolve around margins - razor thin margins. In the dawn of our development, the Sentai development team insisted that there must be a way to track and account for the true landed cost of each FIFO layer without adding any additional work to the operations of a wholesale or distribution company.

They did it. TRAX Distribution:Solutions employ a three-way matching system that matches the PO with the received quantity and the invoiced price.

What is cost?
When a PO is cut for a new product, the system will prompt for "Cost Factors". These factors can be spread across an entire PO, a group of products, or a single product by percentage weight, dollar amount, or volume. The system calculates an "Expected Cost" and uses that for other calculations until the invoices for said costs have been reconciled.
Based on the Expected Cost, you can automatically generate a "Pricing Cost" which is used for pricing models that mark-up from "cost" or a "Commission Cost" for companies that pay commission on margin. After the receivings have been reconciled with the PO and the associated invoices with received quantities, the system will keep a "True Landed Cost" for each FIFO layer for each location in your company. This "True Landed Cost" will then be used in Best Buy calculations, Replenishment calculations, and Margin calculations.

After all of the invoices have been applied to the appropriate FIFO layer, the system can go back and re-cost a sale that happened within that period. Embedded cost management tools in Trax Distribution:Solutions allow you to update Product, Pricing, and Commission cost with a single easy function.