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From Mark Grennan <mark.gren...@crossroads.us>
Subject Re: Question regarding FOB cost
Date Mon, 08 Dec 2008 15:16:58 GMT
Hello everyone. 

The company I worked for Crossroads Wireless closed last Tuesday without notice. I'd like
to thank each of you for the knowledge you departed. 

If any of you need any assistance or some one to to physical system access in the Oklahoma
City area please contact me at Mark@Grennan.com. 

Thanks again. 

Mark Grennan 
Data Center Manager 
Crossroads Wireless 
5 North McCormick St. 
Oklahoma City, OK 73127 
Desk: 405 694-2100 x3119 
Cell: 405 343-9332 

----- Original Message ----- 
From: "BJ Freeman" <bjfree@free-man.net> 
To: user@ofbiz.apache.org 
Sent: Sunday, December 7, 2008 11:15:45 PM GMT -06:00 US/Canada Central 
Subject: Re: Question regarding FOB cost 

it can also include the Cost of product your selling. 
so you buy a product from a wholesaler instead of manufacture. 
FOB = Product price from suppler +markup +Transportation+insurance cost. 

one change to yours 
FOB = Production Cost + markup+ transportation cost + insurance cost 

FOB calculations would need a destination for transportation cost and if 
insurance is wanted 

So I would think FOB would be part of the Shipment type in the 
(purchase) order header 

This would also then have a shipment section that the customer would pay 
like in the example. not sure this part needs to be in the OTTB version. 
any way I believe all the entities are there for this. 

Sumit Pandit sent the following on 12/7/2008 8:25 PM: 
> Thanks Jacques and BJ for your valuable suggestions. 
>>>From definition given by you I got that 
> FOB is not a single cost, it is a collective cost. Which includes : 
> FOB = Production Cost + transportation cost + insurance cost 
> So we can say that FOB is to total cost to the Manufacturer. 
> So according to this concept now we doesn't need to add a new entry in the entity " CostComponentType".
When ever we need to represent FOB cost we just add production cost, transportation cost and
insurance cost of product and represent it. 
> Let me correct if I am wrong. 
> Thanks And Regards 
> Sumit Pandit. 
> ----- Original Message ----- 
> From: "BJ Freeman" <bjfree@free-man.net> 
> To: user@ofbiz.apache.org 
> Sent: Monday, December 8, 2008 1:17:06 AM GMT +05:30 Chennai, Kolkata, Mumbai, New Delhi

> Subject: Re: Question regarding FOB cost 
> guess it comes to interpretation 
> CIF: 
> Cost, insurance and freight, whereby the quoted price for physical 
> material includes all costs incurred in shipping the metal to the 
> customer’s location including insurance. 
> FOB / FOT 
> Free on board/Free on truck, whereby the quoted price for physical 
> material includes all costs incurred in getting the metal to and loaded 
> onto the means of transport. 
> Free On Board. A shipping term which indicates that the supplier pays 
> the shipping costs (and usually also the insurance costs) from the point 
> of manufacture to a specified destination, at which point the buyer 
> takes responsibility. 
> Free On Board (FOB) 
> term indicating delivery will be made on board or into a carrier by the 
> shipper without charge. The abbreviation FOB is followed by a shipping 
> point or destination. The invoice price includes delivery at seller's 
> expense and seller's risk to the specified location. For example, "FOB 
> our warehouse in Duluth, Minnesota," means to a buyer requesting New 
> York City delivery that the seller who might have its headquarters and 
> billing office in Chicago, will pay shipping costs from Duluth to New 
> York. Title usually passes from seller to buyer at the FOB point. 
> Jacques Le Roux sent the following on 12/7/2008 11:30 AM: 
>> Isn'it quite clear from here (1s link in Google I found on "FOB cost") ? 
>> http://people.hofstra.edu/geotrans/eng/ch2en/conc2en/fobcif.html 
>> Jacques 
>> From: "BJ Freeman" <bjfree@free-man.net> 
>>> My understanding of FOB is the shipping cost are the responsibility of 
>>> the buyer, from the shippers dock. 
>>> I checked a couple of definition from google and they bare this out. 
>>> so I would think these would have more todo with route segments. 
>>> Sumit Pandit sent the following on 12/5/2008 10:07 PM: 
>>>> Hello Devs, 
>>>> I need suggestion regarding to the FOB cost. For this can I add a new 
>>>> entry in CostComponentType entity ? 
>>>> Thanks in advance Sumit Pandit 

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