Which of the following is a task of Landed Cost Management?

Landed Cost Management is primarily concerned with capturing all costs associated with acquiring a product, including production, shipping, taxes, and customs duties. This comprehensive approach ensures that the total cost of a product is accurately calculated, reflecting not just the purchase price but all additional expenses incurred once the product is in transit. Capturing charges is fundamental to this process, as it enables organizations to understand their total costs better and manage their pricing strategies and profitability accordingly.

Other tasks related to procurement and budgeting, while important, do not specifically fall under the focus of Landed Cost Management. Adjusting product pricing typically relates to market strategies rather than the calculations of acquisition costs. Creating purchase orders is part of order management, and while necessary for procurement, it does not involve the comprehensive analysis of all landed costs. Releasing budget amounts pertains to finance and accounting practices rather than the detailed tracking of the costs associated with transportation and delivery. Thus, the focus on capturing costs is what directly aligns with the primary objectives of Landed Cost Management.