By ChristineS-Oracle on Jul 16, 2014
Oracle Landed Cost Management (LCM) enables organizations to gain insight into the real costs associated with acquiring products. Landed cost is the cost to "land" a product on the buyer's final location. These costs are initially estimated and then updated with actual amounts, as they become known, allocating them to shipments, orders, and products. Landed costs may include costs like freight, storage, taxes, and handling.
The Discrete-LCM integration provides better insight for product forecasting and budgeting, and provides clear evidence of the detailed accumulation of expenses for regulatory requirements and reporting.
Refer to Doc ID 1677693.1 for key setups involved in using LCM on Discrete organizations; as well as, how to download and run the Discrete LCM Integration Key Setup Analyzer Script, its' input parameters, and a sample output.