Integrated

organized storeroom with mro products

How to Eliminate Excess and Obsolete Inventory

Excess or obsolete inventory is often the result of misaligned parts consumption and ineffective forecasting. The result is lost cash that could be spent in other areas of your business, such as purchasing new equipment, investing in marketing or improving production processes. In this article, we’ll discuss the causes of high inventory holdings and provide effective solutions for reducing or eliminating slow-moving or dead inventory. Read more about How to Eliminate Excess and Obsolete Inventory