
Here are some ways to deal with dead stock:
1.Discount: Offer items at a discount to sell quickly. 2.Donate: Give items to charities. 3.Return: Return items to suppliers if possible. 4.Sell online: Sell items on online marketplaces. 5.Sell at outlet stores: Sell items at outlet stores. 6.Offer as a gift: Offer items as a free gift. 7.Bundle products: Bundle products together. 8.Refresh: Refresh or re-merchandise items. 9.Recycle: Recycle materials.
Dead stock can be caused by a number of factors, including: 1.Poor inventory management 2.Slow sales 3.Defective products 4.Seasonal items 5.Obsolete products 6.Shifting customer preferences 7.Economic factors
To reduce dead stock, you can try to improve your inventory management, forecast demand, and only buy what you need.