6 Steps to Reduce Carrying Costs and Increase Profits

As supply chain disruptions continue to plague businesses, many are seeking to shift from temporary fixes to strategic long-term changes that will help them minimize the impact of supplier backorders, shipping delays and labor shortages.

 

Carrying costs are one of the hidden, variable expenses, that can have a significant impact on profitability.

 

In this guide we’ll examine carrying costs, how they can impact profits and outline the steps you can take to optimize inventory levels and reduce these costs.