Routing Number for Academy Bank NA in Colorado. A routing number is a 9 digit code for identifying a financial institute for the purpose of routing of checks (cheques), fund transfers, direct deposits, e-payments, online payments, etc. to the correct bank branch.
The cost of carrying or holding inventory is the sum of the following costs: 1  Money tied up in inventory, such as the cost of capital or the opportunity cost of the money. 2  Physical space occupied by the inventory including rent, depreciation, utility costs, insurance, taxes, etc. 3  Cost of handling the items.  Cost of deterioration and obsolescence.
Over 65% of most companies do not compute inventory carrying costs, they use rough estimates ! Leading logistics experts place the cost of carrying inventory between 18% per year and 75% per year depending on the type of products and business !nventory Reduction Report, December 1994 ! CLM Conference attendees identified the management of inventory as the top priority in the next several years. The conference referred to Logistics, as inventory in motion.! Inventory is money and many companies assess an inventory carrying cost of 2% per month.