High Volume Purchases Versus a Company’s Inventory Carrying Costs: Companies are always troubled by that nagging concern of whether they have too much or too little inventory. It’s this constant…
Understanding Your Company’s Financing Costs of Inventory
Most companies understand that inventory costs money, but few understand why inventory becomes more expensive the longer it’s held. Still, even fewer companies take the time to track the impact…
What Should Your Company Include in its Inventory Carrying Costs?
Have you taken the time to define your company’s inventory carrying costs? More importantly, are you aware of how these carrying costs reduce gross profit and impact your company’s bottom…