How to reduce excess inventory? A thorough explanation of specific measures, causes of occurrence, and risks.
Understand the causes of excess inventory, the associated risks, and specific solutions.
Reducing "excess inventory," which puts pressure on corporate profits, is an important issue for many businesses. The causes of excess inventory include low accuracy in demand forecasting and the personalization of sales and ordering plans. This article thoroughly explains the causes of excess inventory, the associated risks, and specific solutions. If excess inventory is left unaddressed, it can lead to increased storage costs and worsened cash flow; however, by implementing appropriate measures, it is possible to avoid these risks and efficiently reduce inventory. Various approaches will be introduced, from utilizing short-term discount sales to reviewing inventory management processes in the medium to long term, providing concrete strategies to fundamentally reduce excess inventory. *For more details, you can view the related links. For more information, please download the PDF or feel free to contact us.
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