Landed Costs
Landed cost is the total cost to get inventory to your warehouse — not just the supplier's quoted unit price.
Components
| Component | Where it comes from in Synplex |
|---|---|
| Product cost | Captured from PO line items: unit price × quantity − discount + tax |
| Shipping cost | Entered per shipment when creating a shipment record on the PO |
| Additional costs | Entered on the PO itself (e.g. customs, duties, freight forwarder fees, inspection charges) |
| General discount | A PO-level discount that reduces the total cost |
| Synplex computes total landed cost as: | |
| subtotal product cost + shipping cost + additional costs − general discount |
Computed Cost Fields on a PO
These fields are visible on the PO details page and updated automatically:
| Field | Description |
|---|---|
subtotalProductCostComputed | Sum of all line item totals before PO-level discount |
productTaxComputed | Sum of tax across all line items |
productCostComputed | Product cost net of line item discounts |
shippingCostComputed | Sum of shipping costs across all shipments |
totalCostComputed | Full landed cost (product cost + shipping + additional costs − general discount) |
totalPaymentsComputed | Sum of payment records in paid or pending status |
Why It Matters
Pricing and margin decisions made on supplier unit price alone understate your true cost. A product quoted at €45 may have a landed cost of €51+ once shipping and duties are added. Using totalCostComputed rather than the raw unit price gives a more accurate picture of profitability per unit.
Synplex surfaces totalCostComputed on the PO detail page so you always see the full picture before committing to a reorder.
Reducing Landed Costs
- Consolidate shipments across multiple POs to reduce per-unit shipping cost
- Use ocean freight for non-urgent replenishment — significantly cheaper than air for heavy or bulky goods
- Source from lower-duty regions where trade agreements apply to your product category