← Logistics Dictionary

Storage Costs

What are Storage Costs?

Storage costs are the amount of money incurred as a result of storing inventory. The costs could be direct or indirect money spent on the storage of goods.

The storage costs may include costs for space, rent, electricity, software, depreciation and warehouse personnel. Generally, storage costs are described as a percentage of the inventory value. Depending on the industry, the percentage value varies.

You may also be interested in these articles

Business

The pink lagoon

Bianca Hültz's dragon boat is pink – because every member of the crew is a breast cancer survivor or undergoing ...

20. June 2024 / Reading time: ~ 3 Min.