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The Problems with Excess Inventory (and how to solve them)

No matter the size, scale or scope of your business, excess inventory is a problem that we all have to deal with at some point or another. Even after months of hard work and planning, inefficiencies can appear in the supply chain, especially if consumer or manufacturer demand fluctuates ever so slightly. As a result, […]

How to monetise your excess inventory

Excess inventory is a term used to define a surplus of stock that is left sitting in a company’s warehouse. This problem could occur due to poor forecasting, a complete shift in the manufacturing process, or via a particular component or part becoming outdated or obsolescent. Some root causes of excess can be guarded against […]