what is inventory carrying cost percentage of material cost
Carrying cost of inventory is often described as a percentage of the inventory value.This percentage could include taxes, employee costs, depreciation, insurance, cost to keep items in storage, opportunity cost, cost of insuring and replacing items, and cost of capital that help produce income for a business.Also referred to as inventory cost.his percentage could include taxes, employee costs, depreciation, insurance, cost to keep items in storage, opportunity cost, cost of insuring and replacing items, and cost of capital that help produce income for a business. Also referred to as inventory cost.