Remove Dead-Stock Remove Fulfillment Remove Inventory Turnover
article thumbnail

7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

Bad inventory refers to products that cannot be sold because they are either no longer functional, or there is no more demand for it. What is bad inventory called day-to-day? You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. A low rate of inventory turnover.

article thumbnail

Understanding Furniture Inventory Management Software in 2023

Retalon

Furniture inventory management software offers a smarter solution. It provides real-time visibility into your inventory movements across the supply chain. Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. Higher turnover and availability also increase sales.

article thumbnail

How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

Retail workers are quitting at record rates for higher-paying work: ‘My life isn’t worth a dead-end job.’ Out-of-stocks. Low inventory availability led industry experts to warn that retail shelves could remain empty this holiday season. The Great Resignation of 2021 led 649,000 retail workers to leave their jobs in April alone.