How to Calculate Landed Cost
Landed Costs are used to define the true actual cost to bring goods into inventory. This is generally considered a more meaningful value when calculating profitability on sales than using just the FOB cost or the cost paid the supplier. Calculating Landed costs is of extreme importance to a company importing and distributing goods because […]
How Landed Costs are Calculated in VISCO
VISCO is often used in tandem with an integrated accounting software like Quickbooks or Great Plains. VISCO itself does not track or store payment information, or link to bank accounts. The value of entering costs in VISCO is that the system allows companies to get accurate landed cost data on each lot or shipment that […]
Customer Relationship Management in VISCO
Many of our customers come from using spreadsheets to manage their customer data, promotions, samples, specification requests, quotes and then the follow up of each. In VISCO we have created a module for CRM, so that everything is in one place, visible to everyone with permissions within the company and trackable. VISCO CRM has 3 […]
The Power of Using Accruals to Estimate Landed Costs
Accruals in Visco are an estimated cost, usually applied to a Purchase Order, Container or Bill of Lading, that acts as a place holder for costs that will be applied once an invoice is received from a vendor. Something like a Storage Charge can be applied as a line item on a Purchase Order. Or […]
How to improve efficiency using VISCO vs. QuickBooks and Excel Spreadsheets
A lot of our customers come over to VISCO after using a combination of excel spreadsheets, email and QuickBooks, in order to conduct business. Using multiple interfaces that are not available to everyone in the company at all times, can be restrictive and inefficient. A lot of companies complain about a back and forth between […]
How to Calculate Landed Costs
Some customers come to us asking how we can help them have a better idea of what items are going to end up costing once landed when not only the cost of materials are considered, but also other miscellaneous charges such as freight, drayage, warehousing, etc. will impact the total cost of an item. A landed […]
CRM tools for Global Trade
Many times customers come to us looking for a software that will help them manage orders, logistics and finances. But some customers also want a way of managing opportunities they might have to engage new customers or track conversations or deals with vendors. VISCO can help you keep turn more interactions into actual profitable contracts. […]
How One Company Built an Inventory Planning tool to Purchase Efficiently from Overseas
During implementations, customers will often bring us a problem within their business that they are hoping VISCO will help them to solve. One recent customer came to us with the question of how to best forecast what they should be buying. In their current system, it was really hard to see what was available to […]
The components of landed cost
The landed cost is a term used by importers to calculate the real cost to bring a product to their door. This is a more accurate view of the cost of a product then just looking at the cost you pay a supplier to buy product from them. How the landed cost is calculated […]
Simple CRM software for import/export and distribution business
The challenge for most small businesses considering implementing CRM software is getting people to actually use it. If sales people feel like they are wasting their time by typing their activities into a computer then they will quickly give up and move on to activities that make them money. We have found the solution to […]
