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Audience: Customer

Module: Inventory

Time to read: 4 minutes

Applies to: All plans

Quick answer

Inventory costs directly influence pricing decisions, margins, and profitability.

What inventory costs include

• Purchase or production cost

• Handling or storage costs (where applicable)

Why this matters

Incorrect inventory costing can:

• Erode margins

• Distort financial reports

Best practice

Keep inventory costs accurate and reviewed regularly.

Related articles

• How does Finance use inventory data?

• How does Manufacturing use inventory costs?

 

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