Aphel Online
Excess and obsolete inventory can drain resources, inflate storage costs, and cut into profits for businesses and industries across Canada. With supply chain disruptions, fluctuating demand, and ever-evolving consumer preferences, maintaining the right level of inventory is more challenging than ever. Managing excess and obsolete inventory effectively is not only a smart financial decision but […]
Overstock inventory is a common issue faced by businesses of all sizes, often resulting in wasted resources and increased operational costs. Understanding the causes and implementing effective strategies to prevent overstocking can significantly enhance a company’s profitability and efficiency. Causes of Overstock Inventory 1. Inaccurate Demand Forecasting One of the primary reasons for overstock inventory […]