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On. its Button click event, Import Excel sheet into Sql.Server Using Cprotected void btn.ImportClickobject sender, Event.Args. e using Ole.Db. Connection con new.Ole. Db. ConnectionConfiguration.Manager. Connection.StringsExcel. Con.Connection. String con.Open Ole.Db. Command com new Ole.Db. CommandSelect.Employee. Info, con Ole.Db. Data. Reader dr com.Execute. Reader using Sql.Connection sqlcon new.Sql. ConnectionConfiguration.Manager. Connection.StringsSql. Connection.String sqlcon.Open using Sql.Bulk. Copy bulk. Copy new.Sql. Bulk. Copysqlcon bulk.Copy. Column. Mappings.AddEmployee. Name, Emp.Name. bulk. Copy.Column. Mappings.AddDepartment, Department bulk.Copy. Column. Mappings.AddAddress. Address bulk.Copy. Column. Mappings.AddAge. Age bulk.Copy. Column. Mappings.AddSex. Sex bulk.Copy. Destination.Table. Name. Employees bulk.Copy. Write. To. Serverdr dr.Close dr.Dispose Response.WriteUpload Successfull Connection Stringlt add nameExcel.Con. connection. 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SecurityTrue User InstanceTrue.Sample Excel Sheet for Freight Costing Inventory Cost Reduction The excel sheet starts by showing the costs of a company buying a widget and incurring a freight cost to get that part into their warehouse.The companys approach is to purchase minimal volume of parts in order to reduce its inventory holding costs.If fewer parts remain at the end of the month, then the company believes they have successfully reduced these costs.However, this ignores the price reduction the company could accrue from purchasing larger volumes and the lower freight costs by shipping larger amounts.Inventory holding costs are approximately 3 of the value of inventory on hand for every month its held.These costs are based on a number of different inventory cost drivers.In order for the company to derive a benefit from purchasing more, and holding parts longer, the savings must be higher than the monthly holding costs.In this case, there is one rule to apply If the savings accrued in price freight reduction is greater than your inventory holding costs of 3, then youll come out on top.In our example, well review what happens if the company were to purchase enough for three months of inventory.So, how does this excel sheet workThe above is an example of how to measure holding costs versus making larger purchases.While this article covers this topic, you can still read more by going here.Sample Excel Sheet for Freight Costing Inventory Cost Reduction Part 1 For part 1, Ive stuck with 3 as the companys holding costs.Next, Ive assumed that if the company purchases a higher volume, they would reduce their per unit freight costs by 5.Finally, Ive stuck with an example where the company has successfully negotiated a 1.You can input different values for all of these variables.For instance, if your company runs an extremely efficient inventory, then your monthly carrying charges might be lower than this 3.Also, if your companys purchasing department is strong in negotiation, it might be able to reduce its per unit freight costs, and its pricing, by an even higher percentage.All of these values are found in the yellow shaded boxes below in the excel sheet. 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PART 2 For Part 2, Ive used a fictitious transaction.In this case, the companys initial purchase price is 5.Their freight costs per unit is 5.Both the companys price and freight cost are in the Blue highlighted sections.Again, you can input any value you want in these Blue sections below.The companys sub total is 5.However, once the company adds its 3 inventory holding costs, their total cost of ownership at the end of the month is 5.Part 2 is shown below.Holding Inventory Longer Versus Savings on Price Freight PART 3 Part 3 analyzes the benefit of the 1.It also assumes that some, if not all, of the inventory will be held for a total of three months.The companys concern is whether the savings price freight will exceed the companys inventory holding costs of 3 for the next 3 months.This means that each subsequent month is charged a 3 holding cost.Part 3 is shown below.What does part 3 show Company uses its purchasing power to reduce its pricing by 1.Their new price is 4.Each month the company accrues a monthly holding charge of 3.Month 1, the company incurs 3 holding costs and its month 1 ownership cost 5.Month 2, the company incurs 3 holding costs and its month 2 ownership cost 5.Month 3, the company incurs 3 holding costs and its month 3 ownership cost 5.Even with holding inventory longer, the company still has a net savings benefit of 2.Unit thanks to the 1.This is calculated by taking the original price of 5.Month 3s cost of 5.All three parts are put together below.Granted, when a company holds parts longer, it does risk encountering issues with obsolete, outdated and damaged inventory.These play a vital role in increasing a companys inventory cost of ownership and in increasing a companys holding costs.If companies can improve their sales forecast accuracy, then obsolete and outdated parts are less likely to have an impact.In addition, if a company can guard against damaged inventory by having clearly defined handling procedures, and mitigating the amount of times they move inventory internally, then these costs can also be avoided.However, the purpose of this sample excel sheet for freight costing inventory cost reduction is to properly answer that question If we purchase more, will the savings more than make up for the holding costs Use the following excel sheet to help answer that question Download Excel Sheet for Freight and Inventory Cost Reduction.This post is part of a larger approach to reducing freight costs.The following article provides a number of different approaches to reducing freight costs.Essential Ways to Reduce Freight Costs on Incoming and Outgoing Shipments. 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