SIMMS Express Inventory Software lets you take full control of your inventory, sales and purchasing

landed costing

Objective

To provide visibility of imported goods while retaining control of all associated costs resulting in accurate landed costs.

 

The Value of SIMMS Express Landed Cost Tracking Software

  • Are you tired of having to calculate your landed costs through a series of spreadsheets, drafts, alternate programs and utilities that seem to suck the time out of your day? If so then the landed costing functionality found in SIMMS Express Inventory Management software is what you require. Make time for you and let SIMMS Express handle the complicated task of tracking your landed costing.

  • Identifies all cost elements associated with goods that are purchased

  • Monitors the progress of arrival dates of shipments

  • Simplifies the receipt of shipments by pre-costing the shipment before the goods arrive

  • Achieves true landed costing for each product through accurate cost apportionment based on volume, value, quantity, weight, etc.

  • Inventory valuation will never be closer with SIMMS Express automating the landed costing distribution to your received goods

  • Automatically creates payable records for all vendors related to each portion of a landed cost allocation

  • Receives traceable stock items through inspection with lot and/or serial numbers

 

Audit Trails and Reporting

  • FIFO Allocation tracking gives you a quick easy way to reference your item related costs including your landed costs associated

  • Retains shipments on file as required

 

Landed costing Integration

Integrates with the Inventory Control, Receipt of Goods, General Ledger and Accounts Payable modules

 

Matching SIMMS Express to Your Business

  • Allows the accumulation of multiple orders into a single shipment

  • Revises shipment quantities if differences exist with the original purchase order

  • Defines the currency rates for customs exchange calculations

  • Defined a bill of costs for each inventory item

  • Provides automatic routines to transfer landed cost price to the inventory warehouse costs

 

 

Requirements

SIMMS provides visibility of imported goods while retaining control of all associated costs resulting in accurate landed costs.