When the ADAMftd platform is complete, it will aim to assist businesses in accurately calculating the landed costs of their products, taking into consideration a variety of factors that influence the total cost of bringing goods to a particular market. The platform aims to provide comprehensive data and estimation tools for the following costs and requirements:
- Duties, Levies, and Tariffs: Understand the prices applicable to your product in various markets.
- Certifications and Compliance Requirements: Determine the market-specific certifications and compliances required for your product.
- Brokerage Fees: Estimate the costs associated with hiring a customs intermediary to manage your import and export processes.
- Transportation Fees: Calculate the costs of transporting your products, including shipping, air freight, and land conveyance.
- Warehousing Fees: Determine the costs associated with warehousing your products in warehouses or distribution centers.
- Inspection Fees: Include the expenses associated with product inspections, quality control, and compliance checks.
- Currency Exchange: Assess the effect of currency fluctuations on your import and export expenses.
- Estimated Freight Costs: Calculate the estimated freight costs for your product based on variables such as weight, dimensions, and shipping method.