Landed costs: know the true cost of your imported products
If you import products, your cost price isn't just what you pay the supplier. There's freight, duties, insurance, customs fees. These costs are real—but most inventory systems ignore them.
That means your margin reports are wrong. You think you're making 50% but it's actually 35%.
Landed costs fix this.
What is landed cost?
Landed cost is the total cost of getting products into your warehouse. Not just the purchase price, but everything:
- Purchase price from supplier
- Freight and shipping
- Import duties and taxes
- Insurance
- Customs and broker fees
All these costs need to be accounted for. This gives you accurate reporting and better insight into which products are actually profitable.
Add landed costs to purchase orders
In Stockpilot, you can add extra costs when receiving a purchase order. The system calculates the true cost per unit across all products in that order.
This means your inventory valuation, margin calculations, and profit reports are based on what you actually paid—not just the supplier invoice.
More accurate data means better decisions about pricing, reordering, and which products to focus on.
Why this matters
When you know your true landed cost per product, you can:
- Set prices that actually protect your margins
- Identify which products are profitable (and which aren't)
- Make smarter reorder decisions
- Have cleaner data for accounting and reporting
If you're importing from outside the EU, landed costs can add 15-30% to your product cost. That's too big to ignore.
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