Would like to hear everyone's thoughts on what components should be included in the annual operating budget for warehousing operation. A few items I can think of include: Labour cost, utility, rent, security and maintenance, SG&A (ie. fixed FTEs such as supervisors, QC/QA).
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Oct 15, 2020 11:29 pm
2 Replies
Oct 16, 2020 12:21 pm
Below are some of the cost components to be included.
Staff: Staff salaries, overtime and benefits, temporary labor and subcontractor cost
Inventory: Inventory consumed, obsolescence/disposal
Warehouse: Rental, repair and maintenance, utility, security
Distribution: Fuel surcharge, car park cost
IT: Network charges, software and hardware
Oct 16, 2020 5:45 pm
May need to consider freight related cost as well if operations involves that.
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