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Workarround for landed costing using standard modu

Posted: Mon Sep 07, 2009 7:12 am
by macromedia
Hi all...
any one have experience to enter landed cost?
especially for Import company, that really need landed cost component information to calculate their COGS.

either using LCM or form customization on 12.1 is not an option for us.. :-(

thank you

Posted: Mon Sep 07, 2009 8:23 am
by tgs100
What is the apps version?

If you are on R12.1, landed cost is part of the standard product. If you are having less than R12.1 version, then it is tough to handle landed cost without external software.

In my opinion, you should calculate the landed cost for each import item in an excel sheet and then update the cost manually at the month end.

Cheers,
Saravanan TG

Posted: Mon Sep 07, 2009 11:00 pm
by macromedia
Saravanan..
thank you..
indeed we will use the latest 12.1.
but on the contrary user will not purchase LCM (Landed Cost Management), since it is too early to expect from LCM :-)

thank you for giving your opinion, noted and consider :-)

Posted: Tue Sep 08, 2009 4:44 am
by SIVAKUMAR_G
Hi

We have built a Custom Extension and it is used widely in Middle East Countries for 30 companies. But it will work only for average costing method and not for standard costing.

Please contact me if you are interested

Regards

Posted: Tue Sep 08, 2009 6:56 am
by macromedia
Hi Siva..
what kind of extension do you have?
can you elaborate more?
thank you..

Posted: Tue Sep 08, 2009 7:30 am
by SIVAKUMAR_G
Hi

The functionality is you can enter additional cost alongwith PO and costing will get updated with revised cost based on Freight, Tax etc., are calculated and inventory issues will happen on revised costs.

We have done only a soft customization and without touching the base tables. So any Patch application and other changes will not affect the functionality

You can send your contact details to my mail ID sivakumar3009]@[gmail.com

I will respond to it.

Regards
Sivakumar

Posted: Tue Sep 08, 2009 7:59 am
by macromedia
Siva..
great thank from me..
already follow up our conversation through email.
thank you..

Posted: Wed Sep 09, 2009 1:51 am
by tgs100
If you are already using R12.1, then i would suggest you to use landed cost functionality in R12.1 as the functionality is rich in standard (I have only read the documents, not used so far).

I have used the in-house developed landed cost module, but in that module, the costs need to entered at the time of receipt which was the major concern for many clients. In the standard one, you can enter the approximate costs in the PO/Receipt and then actuals later.

You can compare the products and costs between oracle LCM and other 3rd party vendors and then you may decide on which one to choose.

Cheers,
Saravanan

Posted: Thu Sep 10, 2009 10:57 am
by edmattu
Hi All,

Presently LCM supporting only Discrete Organization .

It will Support OPM organization on R12.1.2 version.
(using Advance pricing and Transportation OPM can handle Landed cost, as per oracle)

There are some reported problems in the LCM (in terms of currency coversion rate, etc. issues).

But overall the product is Very good.

Regards