Question 1

What is included in total import cost?

Accepted Answer

Total import cost is the full cost of bringing a product in, including purchase price, freight, duties, taxes, surcharges and any other agreed costs for a specific route and origin. We combine supplier, tariff, freight and internal cost data into one model so purchasing and finance can compare scenarios before committing to an order. This removes the guesswork that causes cost surprises after goods ship.

Question 2

How much does purchasing and import cost insights cost to set up?

Accepted Answer

Pricing depends on the number of categories, suppliers and import routes covered, and how much contract or tariff data needs to be processed. We typically scope one category or supplier group as a fixed-price starting engagement, then price a wider rollout once the model proves accurate. Ongoing monitoring and alerts are quoted as a separate recurring service.

Question 3

Can you help with product classification codes?

Accepted Answer

We support the review workflow by organizing the evidence, tracking product descriptions and flagging codes that may need review. Final classification decisions stay with your trade and legal team, since this carries compliance responsibility. This keeps the process faster and better documented without shifting legal accountability away from your team.

Question 4

How accurate is the import cost model?

Accepted Answer

Accuracy depends on the quality of supplier, tariff and freight data connected to the model, which we check for completeness before use. Cost variance is tracked against actual invoices and shipments so the model can be adjusted over time. We flag missing or outdated tariff data rather than let the model silently use stale figures. This keeps cost estimates reliable enough for sourcing decisions.

Question 5

What data or access do we need to provide to start?

Accepted Answer

You provide spend and contract data, supplier details, and the product categories or import routes you want covered. If tariff or classification data already exists internally, we use it as a starting point rather than rebuild it. No changes to purchasing or ERP systems are required, since we work from exported or connected data under agreed access rules.

Question 6

How long before we see savings or risk findings?

Accepted Answer

Most clients see an initial spend review and first cost or risk findings within 3 to 5 weeks for one category or supplier group. This includes cleaning spend data, building supplier profiles and running the total cost model against real scenarios. Ongoing monitoring then flags new tariff changes, contract renewals or cost variances as they occur. Savings are tracked and reported, not estimated.

Purchasing & Import Cost Insights

What usually brings teams here

What we do in purchasing & import cost insights

Spend Review

Supplier Search & Profiles

Supplier Risk Monitoring

Sourcing & Bid Comparison

Contract Term Extraction

Tariff & Product Code Support

Total Import Cost Calculation

Supplier Compliance Tracking

Clear deliverables

Why teams engage us

Packaged around a business outcome

Purchasing & Supplier Dashboard

Total Import Cost Monitor

Supplier Risk Alerts

Purchasing & Import Cost Insights questions, answered

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