Procurement & Supply Chain / Sourcing

Total Landed Cost TLC (aliases: landed cost, delivered cost, fully-landed unit cost)

The all-in cost to get a purchased item to your dock and into inventory, price plus freight, duty, insurance, and handling.

The fork, why two teams get different numbers

What's included, and which value gets capitalized.

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Reference: GAAP/ASC 330 (costs to bring inventory to location and condition) · APICS/SCOR · ISM