EachDayKart Sourcing Price Policy

EachDayKart Sourcing Price Policy

At EachDayKart, we believe in offering our customers a transparent and fair pricing structure for all the products we source. Our pricing reflects the true cost of acquiring goods, as well as the associated procurement expenses, ensuring that every purchase is backed by a clear and inclusive pricing model. Below is an overview of how we determine sourcing prices and the factors that contribute to our final pricing.

Sourcing Price Determination

1. Product Cost (MRP): The base price of each product is determined by the Maximum Retail Price (MRP) set by the official sellers. This is the price we pay to acquire the product, ensuring it is sourced at a fair value from trusted suppliers.

2. Procurement Service Charges: The sourcing price also includes various service charges that cover the costs associated with the procurement process. These charges ensure that we can source, inspect, store, and deliver products to our customers seamlessly. The service charges include:

   • Executive Charges: The cost of dedicated personnel managing the sourcing, supplier negotiations, and order fulfillment processes.
   • Petrol and Travel Charges: Transportation costs, including petrol, vehicle, and travel expenses incurred during visits to suppliers, product inspections, and logistics management.
   • Packing and Handling Fees: Costs of packaging materials and the handling process involved in preparing the products for dispatch.
   • Storage Fees: The charges for securely storing products until they are ready for shipping to ensure that goods are safe and undamaged.

3. Additional Operational Costs: Additional charges are included for the operational activities that support sourcing, including:

   • Breakfast, Lunch, and Dinner Charges: Meals for personnel during procurement trips or long working hours.
   • Health and Safety Charges: Expenses related to health checks, medical insurance, and other safety measures for the procurement team.
   • GST (Goods and Services Tax): All applicable taxes, including GST, are incorporated into the sourcing price, ensuring compliance with Indian tax regulations.

4. Supplier Negotiation and Selection Costs: Costs incurred during the process of supplier identification, evaluation, and negotiation are also considered in the final sourcing price. We strive to secure the best value from suppliers, ensuring a balance of quality, cost, and reliability.

Sourcing Price Transparency

EachDayKart’s sourcing price includes all of the above components, ensuring that you are fully aware of the total cost involved in acquiring and delivering a product. We strive to make our pricing structure as clear as possible, with no hidden fees or surprises during checkout. Our commitment is to provide you with an all-inclusive price that reflects the true cost of sourcing, delivering, and ensuring the quality of your order.

By following this transparent sourcing price policy, we ensure that our customers can enjoy quality products at competitive prices, while supporting the sustainability of our business model. Thank you for choosing EachDayKart!