Best Order and Inventory Management Software

Inventory carrying costs are also known as carrying costs or holding costs. They are the total cost of holding inventory by your business. These costs include the cost of warehousing the inventory such as rent, utilities and warehouse staff salaries. Carrying costs also include economic costs such as opportunity cost. And inventory costs such as shrinkage, expiry, and insurance. More information:  https://emergeapp.net/inventory-reports/inventory-carrying-cost/

As the name suggests, an inventory cycle count is a method of stock counting where you count a part of your inventory in a continuous cycle. The count can be done daily, weekly or monthly as there is no disruption to your business. How often you do cycle counts depend on the number of SKUs that you deal with in the business. Read the entire blog:  https://emergeapp.net/warehouse/best-practices-for-inventory-cycle-counts/