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Acquisition Costs
Have you considered the cost of acquisition? This simple calculator will give you an idea of the costs involved in re-ordering stock. It is based on how many people are employed to collect stocks from stores, the length of time taken to replenish stock (e.g. from stores to production location and back), how many trips are made each day, and the hourly rate of the stores person.
Industrial Supply Chain Limited – The Meaning of Procurement