Understanding Inventory Lab Cost: A Guide to Preparing Your Shipments

When it comes to preparing and shipping your goods, it's essential to understand the costs involved. Proven Prep Center provides a comprehensive service that includes prep, processing, storage, handling, shipping, transportation, labor, and more. In this article, we'll break down the key factors that affect your inventory lab cost.

Lien on Goods and Property

Proven Prep Center has a lien on all goods tendered by clients, as well as any property belonging to them in Proven Prep Center's possession, custody, or control. This means that if you have outstanding charges with Proven Prep Center, they reserve the right to hold onto your goods until these charges are paid.

Late Payment Fees and Invoices

Invoices over 30 days past due will incur a late payment fee of 1.5% per month. Additionally, if your invoices are not up to date, Proven Prep Center may delay preparing your shipments until the outstanding amounts are settled.

Additional Charges

There are several additional charges you should be aware of when using Proven Prep Center's services:

* Hazmat shipping will be billed through Pirate ship and invoiced on the next billing cycle

* Return items will incur a $5.00 per box charge (with some exceptions)

* Storage will be billed at $0.50 per unit after 30 days

* Wholesale or large quantity prices are available for orders over 100 units, with discounts based on volume

* Oversized items may incur additional charges of $2.00 or $5.00 per unit

* Bubble wrap for glass or breakable items will cost $0.25 per square foot

* Items requiring a new box or their own box will incur a $2.50 charge per box

* Shoes are an additional $1.00 per unit on top of the base price

* Additional items in bundles will be charged the base price plus $0.20 per additional unit (e.g., two packs would be $1.95 for less than 1,000 units)

* Orders over 2,000 units per month will incur a charge of $1.25 per unit

Minimum Order Requirements

To ensure that Proven Prep Center can efficiently manage your inventory, there is a minimum order requirement of 500 units per month. If you fail to meet this minimum, you will be billed the difference.

In conclusion, understanding inventory lab cost and the various charges associated with preparing and shipping your goods is crucial for a successful partnership with Proven Prep Center. By being aware of these costs, you can better plan and budget for your shipments, ensuring that your business runs smoothly and efficiently.

Inventory lab cost