Total Landed Cost (TLC) is an important business metric that considers the full cost of a purchase or delivery process. It includes any costs incurred from the point of supplier, such as freight, customs clearance and duty, packaging, insurance, taxes, and other fees, to the end customer. In essence, it calculates the true cost of bringing goods from overseas suppliers. Knowing and tracking TLC can help businesses make better purchasing decisions and ensure they don’t overlook any hidden costs along the way. Understanding TLC also helps companies build long-term relationships with reliable and cost-effective overseas suppliers.