If you’re up to speed with the latest supply chain headlines, you’ll know by now that storage costs are on the rise.
As a proportion of operating expenses, holding inventory is a significant contributor. Retailers are especially vulnerable to excessive storage costs, which makes it all the more difficult to see the price rising after many years of relative stability.
There’s never a bad time to explore ways to save money and improve efficiency, which is exactly what we’ll do today in terms of reducing inventory holding costs. Continue reading Inventory Holding Costs (and How to Handle Them)