Fastener cost analysis template for buyers. Learn how to calculate true landed cost of fasteners including FOB, freight, duties, and handling to make better procurement decisions.
True Cost Calculation Template
Use this template to calculate true fastener cost: 1. PRODUCT COST (FOB China) Unit Price: $___/kg or $___/pc Order Quantity: ___ kg or pcs Subtotal: $___ 2. PACKAGING Packaging Cost: $___ Palletization: $___ Subtotal: $___ 3. DOMESTIC LOGISTICS (China) Trucking to Port: $___ Port Handling: $___ Subtotal: $___ 4. OCEAN FREIGHT Ocean Freight: $___ Insurance (1% CIF): $___ Subtotal: $___ 5. DESTINATION COSTS Port Handling: $___ Customs Duty (___%): $___ VAT (___%): $___ Clearing Agent: $___ Subtotal: $___ 6. INLAND TRANSPORT Trucking to Warehouse: $___ Customs Broker: $___ Subtotal: $___ TOTAL LANDED COST: $___ Cost Per Unit: $___/kg or $___/pc
Supplier Comparison Matrix
Compare suppliers using this matrix: | Criteria | Supplier A | Supplier B | Supplier C | |----------|------------|------------|------------| | FOB Price | $___/kg | $___/kg | $___/kg | | Lead Time | ___ weeks | ___ weeks | ___ weeks | | MOQ | ___ MT | ___ MT | ___ MT | | Quality Cert | | | | | Payment Terms | | | | | Landed Cost | $___/kg | $___/kg | $___/kg | | Score (1-5) | | | |
Cost Reduction Tips
Strategies to reduce fastener costs: 1. Container Optimization: - Fill containers completely - Mix product types - Use optimal pallet sizes 2. Supplier Consolidation: - Single supplier for multiple products - Better pricing for combined volume - Reduced logistics costs 3. Annual Commitments: - Lock in pricing for year - Guaranteed volume = better pricing - Reduce administrative costs 4. Quality Focus: - Right first time = no returns - Proper specification = no over-specifying - Test samples before bulk orders