Inventory Carrying Cost

One of the elements comprising a company’s total supply chain managementSupply chain management encompasses the planning a... costs. Inventory1) Raw materials, work in process, finished goods,... carrying cost, or carrying costs, is an accounting term that identifies all business expenses related to holding and storing unsold goodsA merchandise or materials which are used to satis.... The total figure would include the related costs of warehousingThe act of storing goods that will be sold or dist..., salaries, transportation and handling, taxes, and insuranceA system of protection against loss under which a ... as well as depreciation, shrinkageReductions of actual quantities of items in stock,..., and opportunity costs.