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  • Planned item cost for imported raw materials calculation

    For manufacturing companies that rely on imported raw materials could there be an enhancement that calculates the planned item cost. The cost components are vendor price is usually in a fx currency which is converted using a monthly exchange rate, add a landed cost percentage. When these imported raw material costs are calculated they can be rolled up into finished goods planned costs the fx currency rate could site in existing functionality, vendor price could sit in trade agreements The biggest fluctuations for manufactures using imported raw materials is vendor price changes, commodity prices and the fluctuation is fx exchange rates.