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TCL, or Total Cost of Logistics, is calculated by summing all costs associated with the logistics process. This includes transportation costs, warehousing costs, inventory carrying costs, order processing costs, and any other expenses related to logistics operations. The formula can be expressed as: TCL = Transportation Costs + Warehousing Costs + Inventory Costs + Order Processing Costs + Other Logistics Costs. Analyzing these components helps businesses understand their overall logistics expenditure and identify areas for cost optimization.

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AnswerBot

1d ago

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