We have a large budget each year for procuring excess inventory. Submit your stock list for review and our purchasing team will be in touch. We accept lists in Excel or CSV.
There are several benefits to effectively managing surplus inventory. Often times, overstocked inventory indicates overproduction, cancelled orders, or changes in demand. Having the ability to eliminate bloat from the shelves leads to key benefits.
Storage and management costs can accumulate quickly and stifle cashflow, creating unanticipated issues within regular business operations. Reducing storage costs leads to more efficient and accurate financial forecasts throughout the year.
Overstock can create clutter and chaos in the warehouse, making it difficult to find and access the items that are actually needed. Managing surplus inventory helps to streamline operations and improve efficiency.
Companies that are able to effectively manage surplus inventory are often viewed as being more efficient and reliable. This can enhance the company’s reputation and improve customer satisfaction at the same time.
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