For retailers, having excess stock will not only take up precious backroom or shelf space, but can also tie up capital and can keep you from re-investing in your business or buying things you actually need.
Excess inventory can be a result of purchasing decisions, marketing or a change in the marketplace.
However, there are a number of things you can do to sell or liquidate your slow-movers.
When handled properly, excess inventory can actually open up sales, customer engagement, and tax opportunities for your business. Read the full article on dealing with surplus inventory below.
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