Costing

Simplify Landed Cost Management with Luminous

Tracking landed costs can be a nightmare for ecommerce businesses. Luminous was built with this challenge in mind, making it easier than ever to stay on top of your true costs. Here’s how Luminous tackles landed cost management with precision and flexibility.

Flexible Purchasing Flows

Luminous understands that purchasing for ecommerce can be unpredictable. That’s why the system allows for flexible purchasing flows. You can create, modify, and maintain purchase orders with ease, adjusting any necessary fields while the purchase order is still open. No more rigid systems—Luminous adapts to the way you run your business.

Accurate Cost Layers

Cost layers in Luminous are set up to capture any transaction where a variable cost is applied. For instance, you can split purchase orders into shipments and add additional costs like freight, duties, or even labor. These costs are then allocated to the appropriate cost layer. Whether it’s an unexpected bill from your freight forwarder or miscellaneous charges, Luminous ensures that all of these variable costs are captured accurately.

Flexible Cost Allocation

Luminous offers multiple ways to allocate costs across products:

1. By quantity: Costs can be distributed evenly based on the quantity of items in a cost layer.
2. By volume: For businesses dealing with products of varying sizes, Luminous allocates costs based on weight and dimensions, ensuring that each product absorbs its fair share of variable costs.
3. By subtotal: If you prefer, costs can also be allocated as a simple subtotal, giving you even more control over how landed costs are distributed.

Easy Visualization and Reporting

One of the standout features of Luminous is the ability to visualize cost layers. Whether you’re looking at a product level or warehouse level, it’s easy to see all active layers of landed costs. The system makes it simple to export data, spot potential issues, and give accountants the information they need for accurate financial reporting.

Ready to Take Control of Your Landed Costs?

With Luminous, tracking your landed costs is not just easier—it’s more reliable. This ensures you know your true costs, helping you maintain profitability now and in the future.

Discover how Luminous can streamline your landed cost tracking and improve your profitability. Book a demo today and see our powerful features in action!