Friday, October 10, 2008

Calculating Inventory Carrying Costs

Inventory carrying costs drive decisions such as order quantity, order timing, and so forth. Most experts agree that inventory carrying costs are between 18 and 35% of the inventory's value. But how is that percentage calculated? This vlog answers that question.



To Your Career,
Charles Dominick, SPSM
President & Chief Procurement Officer
Next Level Purchasing, Inc.
Struggling To Have A Rewarding Purchasing Career?
Earn Your SPSM® Certification Online At
http://www.NextLevelPurchasing.com

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