Top Ten Tips to Tame Import Landed Costs
Our recent post on the compelling argument that Former President Vicente Fox made on near-sourcing from Mexico really begs the question: are you getting what you expected from China sourcing? It seems that a decision to source from China is as easy as recommending SAP for IT (or IBM for just about anything else). However, a recent study by the industry analyst Aberdeen Group reported that the total landed cost of goods – product cost and all related supply chain costs including transportation, duties, and taxes – varied from 2% to 10% for half of the 400 companies surveyed that import from China.
Now that the decision is made and operational, read on to discover ten strategies that can help your company tame those landed cost over-runs.
