USE THIS CALCULATOR TO FIND OUT HOW MUCH YOU CAN SAVE BY OPTIMIZING YOUR INVENTORY
- Enter the cost of your inventory
- Enter your carrying cost as a % of total inventory
- Enter your inventory reduction goal
- You will see what you are spending to carry inventory
- You will see how much you can save the company by reducing the inventory
- This will help you focus on actions needed to reduce unproductive inventory
Email the results to yourself, your boss or a colleague!