oboloo Glossary

Safety Stock Carrying Cost

oboloo Glossary

Safety Stock Carrying Cost

Safety stock carrying cost is the financial burden associated with keeping a supply of extra inventory on hand in anticipation of unanticipated demand. This allows businesses to maintain their customer service levels and ensures having enough product available to meet demand in a timely manner, while avoiding costly excess inventory. Safety stock carrying cost is a crucial component of any business’s inventory management strategy, balancing the need to be prepared for sudden drops in supply against the need to keep costs low.