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 OPM-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.
The script located in Doc ID 1664410.1
OPM LCM integration Key Setup Analyzer gives the overview of Landed cost management ( LCM) integration with Oracle Process Manufacturing Financials ( OPM ), Types of usage of LCM ( as Service and Pre-Receiving), Key setups involved in using Landed cost Management ( LCM ) on process enabled organizations. The document also explains how to download and run the OPM LCM integration Key Setup Analyzer Script , input parameters and a sample output.