Who insures the stock?

You do. SCS has no vested interest in the stock, because we don’t own it, so we can’t insure it. If there was an insurance claim, you would claim on your insurer, they would pay you out and then they would attempt to recover money from SCS, in which case we’d be obligated to demonstrate we have acted in good faith with an acceptable duty of care.We hold bailees insurance. Please speak to your insurance provider to get a clear picture on the insurance you need.

Who is liable for the stock?

It is a trade custom in contract warehousing that stock accuracy is a commercial risk carried by the customer.


Standard pricing is always done on a cost plus basis in consideration to a reasonable and acceptable margin of error (or ullage) which is defined by the KPI‟s. E.g. a 99.7% pick by line accuracy may translate out to a 99.5% inventory accuracy by item based on your order profile, product labeling standard and packaging standard.


More info on this can be found in our document: Accuracy & Labelling.

What is ullage

Ullage defines inventory loss within a reasonable materiality threshold which we represent as a percentage. A more detailed explanation of ullage can be found at www.supplycs.com/ullage.pdfIf not specified otherwise the default ullage is 0.5% subject to a product type and labelling assessment, please refer to our Accuracy & Labeling document for more info on this and refer the example calculation in Q.6 later in this document to understand how this is applied.

Who insures the stock?

The point of using dummy text for your paragraph is that it has a more-or-less normal distribution of letters. making it look like readable English.

Who insures the stock?

The point of using dummy text for your paragraph is that it has a more-or-less normal distribution of letters. making it look like readable English.

Who insures the stock?

The point of using dummy text for your paragraph is that it has a more-or-less normal distribution of letters. making it look like readable English.

Who insures the stock?

The point of using dummy text for your paragraph is that it has a more-or-less normal distribution of letters. making it look like readable English.

Who insures the stock?

The point of using dummy text for your paragraph is that it has a more-or-less normal distribution of letters. making it look like readable English.

Who insures the stock?

The point of using dummy text for your paragraph is that it has a more-or-less normal distribution of letters. making it look like readable English.