What Is Dead Stock in #ecommerce?
Inventory that doesn’t turn over—i.e., that doesn’t sell—is often referred to as #deadstock . For businesses that don’t use #inventorymanagement software, dead stock can remain on #warehouse shelves, forgotten and useless.
Dead stock costs businesses money. They can’t recoup the costs of unsold goods that they either manufactured themselves or purchased from another company.
In addition, storing dead stock costs money and takes up valuable warehouse space that could be used to house #topsellingproducts.
Ahead, you’ll learn what’s considered dead stock, and how companies avoid dead stock with various inventory management strategies.
1. What is dead stock?
2. Why is dead stock bad for a retail business
3. Dead stock costs
4. Causes of dead stock
5. How to avoid dead stock
6. How to get rid of dead stock
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