Dead-End Inventory: The Silent Profit Killer 📉
Anyone in retail knows that inventory management is a balancing act. What happens when you're left with stock that isn't moving?
Let's dig into dead-end inventory and how it impacts your bottom line:
1. Ties up capital
2. Occupies valuable warehouse space
3. Causes additional handling and storage costs
The solution? A robust inventory management strategy that includes demand forecasting, adjustable reorder points, and a thought-out clearance plan.
Ready to take back control of your inventory? Share your thoughts on this below!