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Topic: holding costs

Controlling Inventory Costs: Ordering, Holding and Shortage

Impact of inventory costs Inventory is likely to be one of your biggest assets. Given the size of inventory on a typical business’ balance sheet, significant inventory costs are to be expected. Although the cost of procuring stock is the most obvious component, a range of other inventory costs (such as ordering costs, holding costs […] ... Read More

  May 27, 2017     

Is your inventory in top shape?

Inventory health is where a healthy balance between stock in and stock out is achieved, which helps business growth in the longterm. ... Read More

  April 25, 2017     

Do You Know the True Costs of Inventory?

There are three costs of inventory that should be carefully considered as they can drastically affect the bottom line without any apparent cause. ... Read More

  April 18, 2017     

How does consignment inventory work?

Consignment inventory is a useful arrangement that allows a supplier and a retailer to create a “win-win” scenario through the sharing of risk. ... Read More

  March 21, 2017     

The benefits of a strong inventory management system

There are many aspects to running a business: sales, inventory, financing, and marketing, and all will have benefits for your business if done well. ... Read More

  March 16, 2017