Definition
The total price of a product once it has arrived at the buyer's door (Price + Freight + Duty + Insurance + Local Handling). Calculating true landed cost is essential for importers to price products competitively and accurately assess the viability of sourcing from different countries.
Frequently asked questions
What is Landed Cost?
The total price of a product once it has arrived at the buyer's door (Price + Freight + Duty + Insurance + Local Handling). Calculating true landed cost is essential for importers to price products competitively and accurately assess the viability of sourcing from different countries.
Which glossary terms are related to Landed Cost?
Landed Cost is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Bonded Warehouse (SOS/OS) — each has its own plain-English definition in the TradeCaravan glossary.