Inventory costs
Term · Logistics and supply chain · MLC-T-LOG-000149
The expenses associated with holding and managing goods before they are sold or used. These costs encompass storage, handling, insurance, obsolescence, damage, and the capital tied up in the inventory itself. Carrying costs vary significantly based on industry, product, and company, typically ranging from 15% to 35% of inventory value annually.
| Identifier | MLC-T-LOG-000149 |
|---|---|
| Field | Logistics and supply chain |
Record as JSON
{
"id": "MLC-T-LOG-000149",
"term": "Inventory costs",
"field": "Logistics and supply chain",
"definition": "The expenses associated with holding and managing goods before they are sold or used. These costs encompass storage, handling, insurance, obsolescence, damage, and the capital tied up in the inventory itself. Carrying costs vary significantly based on industry, product, and company, typically ranging from 15% to 35% of inventory value annually.",
"url": "https://mlchart.com/terminology/logistics/inventory-costs/"
}
Record 161 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.