Import cost checklist

Landed cost

Budget beyond purchase price: carriage, insurance, handling, permits, customs, storage and inland delivery. Avoid counting charges already included in another scope twice.

Variables

Currency, valuation, classification and elapsed storage affect totals. Document assumptions and validity rather than treating estimates as final charges.

Execution

Separate budget, commitment, invoice and payment. Report variances and coordinate documents, collection and equipment return to reduce avoidable costs.

Before you proceed

• List included/excluded charges.
• Record currency assumptions.
• Compare actual cost with budget.