Optimizing Inventory in Your Distribution Business

An important first step to better inventory management is to identify and reduce unproductive stock instead of just examining dead or excess inventory. Unproductive stock can include dead inventory, which is inventory that hasn’t sold in a certain number of months; dying inventory, or inventory that is trending towards dead inventory; excess inventory, or having too much of an item; and any other unprofitable items. This white paper outlines the ways in which you may improve your balance sheet and operations by reducing unproductive stock.