What is excess inventory? A thorough explanation of causes, risks, and specific countermeasures.
We will also introduce the differences between retained inventory and surplus inventory, as well as products that are likely to become excess inventory!
Excess inventory refers to a situation where the amount of goods stored in a warehouse significantly exceeds market demand. This issue poses various risks and disadvantages for companies, often necessitating a review of countermeasures. This article provides a detailed explanation of the causes of excess inventory, its risks, and specific countermeasures. By understanding specific countermeasures for excess inventory, companies can achieve more efficient inventory management, reduce unnecessary costs, and enhance customer satisfaction. If you are feeling challenges with current excess inventory measures, please read to the end. *For more detailed content of the blog, you can view it through the related links. For more information, please download the PDF or feel free to contact us.*
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