🚨 Attention Warehousing Pros! 🚨
Did you know that Inventory Carrying Cost (I.C.C) is a game-changer in the warehousing and supply chain industry? 💡
📦 What is I.C.C?
It’s the total cost of holding inventory over time—think storage, insurance, handling, and more! The longer your stock sits, the higher the cost.
💼 Why does it matter?
Higher stock levels = higher carrying costs. Efficient inventory management isn’t just about storage; it’s about optimizing costs and boosting profitability.
Let’s work smarter, not harder! 💪