Industry package
Forwarder & Logistics
Freight & Container · Trade & Customs · WMS & Supply · Finance · Sales & CRM
- 20 full users
- 2 sites
- 26 modules
Free tool
Freight Allocation by Product
Allocate freight, insurance and local charges to products on a chargeable W/M basis and find the transport share to add to unit cost. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoFreight Allocation by Product: worked example
The example table has 3 rows; other values: Freight 5,200 USD, Insurance 180 USD, Local charges 1,100 USD. With these values the results are:
| Total allocated | 6,480 USD |
|---|---|
| Total W/M | 52.00 W/M |
How to use: Freight Allocation by Product
- Enter your own values: Freight, Insurance, Local charges.
- Add or delete table rows as needed; totals update automatically.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Total allocated, Total W/M.
- Check every step of the calculation in the formulas below.
How is it calculated?
- Wmr (each row) = max([Weight (kg)] ÷ 1,000; [Volume (m³)])
- Alloc (each row) = [Wmr] ÷ [Σ Wmr] × ([Freight] + [Insurance] + [Local charges])
- Unit (each row) = [Alloc] ÷ [Count]
- Pkg (each row) = [Alloc] ÷ [Weight (kg)]
- Total allocated = [Σ Alloc]
- Total W/M = [Σ Wmr]
Other tools running on Freight Rating Engine
Calculates chargeable quantity, freight and surcharges for FCL, LCL, air and road with the same rules.
FCRSOFT
FCRSOFT does this for you automatically
You don’t need to do the calculations and checks on this page by hand every day. FCRSOFT derives them all automatically from the records entered in the field.
- Freight rates are stored; freight is calculated automatically on booking.
- Chargeable weight and the W/M rule are applied automatically.
- Freight and local charges are allocated to products and files.
Frequently asked questions
How is Freight Allocation by Product calculated?
Allocate freight, insurance and local charges to products on a chargeable W/M basis and find the transport share to add to unit cost. The calculation uses Freight Rating Engine: Calculates chargeable quantity, freight and surcharges for FCL, LCL, air and road with the same rules.
How is Total allocated found?
Total allocated = [Σ Alloc]. With the example values (Freight 5,200 USD, Insurance 180 USD, Local charges 1,100 USD) the result is 6,480 USD.
Worked example: Freight Allocation by Product
Example values: Freight 5,200 USD, Insurance 180 USD, Local charges 1,100 USD. Total allocated: 6,480 USD; Total W/M: 52.00 W/M.
Is Freight Allocation by Product free?
Yes. The tool is free, needs no sign-up and runs in your browser; the data you enter is not stored.
Can FCRSOFT do this calculation automatically?
FCRSOFT stores your rates and calculates freight and surcharges automatically for every booking. You can try the Forwarder & Logistics package in the live demo without installing anything.
Which currency can I calculate in?
Choose one of 28 currencies in the currency selector; monetary inputs are converted at an approximate rate. To use your own rate, enter the amounts directly.
FCRSOFT solutions
All inclusive
Enterprise Site — all products
Farm · Hatchery · Feed ERP · Processing · WMS & Supply · Sales & CRM · Finance · Maintenance · Trace & Cold Chain · B2B Commerce · Fleet & Vessel · Voyage & Chartering · Trade & Customs · Freight & Container
- 30 full users
- 1 sites
- 69 modules
