Costs of storage resources
Inventory resource costs are costs created by maintaining a certain level of resources. The smaller the resources in a company, the correspondingly smaller the costs associated with maintaining them.
Brief description
In connection with warehouse costs, it is important to pay attention to their side effects during standard costing. With decreasing resources and identical fixed costs, the fixed costs associated with maintaining a warehouse increase, where warehouse costs cannot be affected. Management in logistics is therefore often faced with the challenge of sensible changes, such as lowering resource levels, but which are contradicted by economic calculations.
Resource costs are the costs of the resource product and storage costs. Storage costs are calculated from the costs that arise in the company during the maintenance of storage infrastructure (write-offs, personnel costs, maintenance costs, etc.) arising in a single period. To this he adds imputed interest that arises through the cost of tying up capital. In practice, the interest associated with tying up capital is often in the value range of 5 to 10 percent.
Designs
Warehouse cost index [%] = (warehouse costs in the period [€] x 100 / average stock on warehouse [€] + imputed interest
Resource costs [€] = resource value x storage cost index
CONCERNSWNE
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