Cost Categories of Inventory
Learn the types of inventory costs. And how to identify, analyze, & minimize holding costs to optimize your supply chain efficiency
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Skills you'll gain
Skills you'll build in this course
- Cost of Capital
- Fix costs
- Variable costs
- Costs of inventory revaluation is & depreciation
- E&O cost
- Insurance
- Taxes
- Administrative costs
- Cost of loss
- Damage costs
- Stocktaking time
Who is this Course for?
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Why learn with Benjamin Bloch?
Benjamin Bloch
Benjamin is Supply Chain Manager at ITRON in Karlsruhe. In his current role he is leading the global functions for order scheduling, production planning and inventory management. He is in charge of 8 manufacturing plants and oversees 30 buyer and 20 production planer. Benjamin has 20+ years of experience in the area of Supply Chain, Purchasing, Logistic and Operations Management. He was leading several multi customer warehouses acting as 3PL, managed…
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What learners say about this course
“I recently completed the SCMDOJO Academy course on Cost Categories of Inventory, and I must say it was an eye-opening experience. Benjamin Bloch's expertise in supply chain management shines through as he meticulously breaks down the various cost components associated with holding inventory. The course not only provided valuable insights into minimizing holding costs but also equipped me with prac”
“Taking the SCMDOJO Academy course on Cost Categories of Inventory was a game-changer for me as a supply chain manager. Benjamin Bloch's in-depth knowledge and practical approach to inventory management shed light on the often-overlooked cost aspects of holding inventory. The course content was well-structured, covering everything from cost of capital to stocktaking time, and the inclusion of exerc”
“it was good”
“Although the information does not directly correlate with my role, it is valuable data.”
“Very nicely explained the various costs involved in Inventory.”
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Rated 5★ by 5 learners · 300K+ SCMDOJO community.
