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A crucial part of calculating excess inventory is finding the inventory turnover ratio. The inventory turnover ratio shows which items harm cash flow and profits by incurring unnecessary costs. This procedure always tabs old inventory in a whole stock. It can also find which slow-moving products are causing losses. To do this, find the total amount sold in the old inventory. Then, divide it by the average inventory of the specific product or products in the store. You can alw

Overstocking  happens to the best of us. It can happen if you underestimate seasonal demand or if a new product launch flops. In either...

Technological advancement has brought about many changes within the business world. Things are now going digital, thus making it easier for businesses to sell their products on online platforms. Be it bulk purchasing or selling on a retail basis, the online platform serves as an excellent means. One can easily buy and sell online without any difficulty .  With these changes in selling methods, liquidation processes have also transitioned online. Inventory Liquidation have be

The retail scenario has changed extremely in the last few years. Many retail shops have closed down in this period. Several factors contribute to this situation, and once these factors are realized, the retailer can devise ways of surviving this change.  In this article, we will examine the major reasons for closing retail shops and how retailers can manage  them. Related Blogs: Most Common Challenges In Handling Excess Inventory The Effect Of Having Too Much Inventory On Han

Bulk excess inventory  can easily become a dead end in a fast-moving retail environment. Unsold merchandise ties up useful storage space, and capital, and helps ensure poor flexibility when market trends change. We will go through new ways of clearing your excess stock and unlocking resources. Buckle up and get ready to find out how we can help you in business growth. Related Blogs: Common Challenges In Handling Excess Inventory 1. Services Of Dynamic Distributors  Dynamic Di

Selling excess items with the help of an inventory liquidator  gives businesses a more efficient and organized manner of handling...