What is shipment costing in SAP IS-OIL-DS-TD - Transportation and Distribution?

SAP Term: shipment costing

• Component: IS-OIL-DS-TD

• Component Name: Transportation and Distribution

• Description: The process of calculating the shipment costs for a shipment. Shipment costs: The total costs involved in the shipment of a product. Not just pure freight costs, but also cleaning costs, insurance, and other costs as well.

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• Key Concepts: 
  Shipment costing is a component of the IS-OIL-DS-TD Transportation and Distribution module in SAP. It is used to calculate the cost of shipping goods from one location to another. This includes costs such as freight, insurance, and other related expenses. The cost of the shipment is then used to determine the total cost of the goods being shipped. 
  
  How to use it: 
  Shipment costing can be used to calculate the cost of shipping goods from one location to another. This includes costs such as freight, insurance, and other related expenses. The cost of the shipment is then used to determine the total cost of the goods being shipped. The user can enter the details of the shipment, such as origin and destination, weight, and volume, and then SAP will calculate the cost of the shipment. 
  
  Tips & Tricks: 
  When using shipment costing in SAP, it is important to ensure that all relevant information is entered accurately. This includes details such as origin and destination, weight, and volume. Additionally, it is important to consider any additional costs that may be incurred during shipping, such as taxes or customs fees. 
  
  Related Information: 
  Shipment costing is closely related to other components of the IS-OIL-DS-TD Transportation and Distribution module in SAP. These include freight management, route optimization, and transportation planning. Additionally, shipment costing can be used in conjunction with other modules in SAP such as inventory management or financial accounting.