If you want to level up your supply chain skills, you can apply to join my Expert & Leader Program here 👉🏻 ► Join my free masterclass : How much does your inventory really cost? 🤷‍♂️💰📦 3% a year? 10%? 15%? Inventory costs are not only the costs of money & storage ❌ And by underestimating these costs, we tend to focus too much on our customer service levels: "Customer First !" A few months after, we pay the real price of having underestimated these costs 💥 Last summer, 2022, the SP 500 companies inventory levels rose by more than 20%, and Walmart +32% (I will share more about it during my next live webinar). In my new step-by-step tutorial VIDEO, I help you to calculate your inventory's real costs: I will focus on 12 parameters: -Money cost -Insurance -Taxes -Storage & Handling -Stock Control -Inventory Gap / Theft -Quality -Promotion -Destruction -Complexity -Missed Opportunity -Impact on our beautiful Planet ❤️‍🩹 🌍 Please let me know if you forgot one and which is the most challenging 🙋‍♂️ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬ CHAPTERS ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 00:00 Intro 00:36 Cost of Money (Cash-to-Cash Cycle) 01:38 Insurance Cost 1:52 Tax costs 2:08 Storage Cost 4:08 Handling Costs 4:22 Stock Control Costs 5:00 Inventory Accuracy Gap 5:23 Promotion Costs 5:47 Destruction & Donation Costs 7:07 Complexity Costs 7:51 Missed Opportunity Costs 8:28 Planet Impact Costs 9:19 How much does really cost your inventory? #supplychain #logistics #inventoryvaluation