Managing bulk surplus inventory is a common challenge in industries like manufacturing, oil and gas, steel, and pharmaceuticals. Large quantities of unused or excess inventory
Category: excess inventory liquidation
Fast vs. Profitable: Finding the Right Balance in Liquidation Sales
Liquidation is more than just clearing out surplus inventory, it’s a strategic business decision that impacts financial performance, operational efficiency, and long-term growth. Companies often
The Rising Tide of Surplus Inventory in India: A 2025 Perspective
In 2025, India finds itself grappling with an unprecedented rise in surplus inventory across various industries. This trend, fueled by economic shifts, fluctuating consumer demands,
Closing the Year Strong: Why Addressing Surplus Inventory Before 2025 Is Key
As the end of the year approaches, businesses often turn their focus toward performance reviews, strategic planning, and operational adjustments. However, one vital area that
The KPIs That Matter Most to Prevent Excess Inventory and Maximize Efficiency
Inventory management is a balancing act between meeting customer demand and minimizing excess stock. Excess inventory can lead to wasted resources, lost profits, and inefficiencies
FMCG Inventory Management: Challenges and Solutions
Fast-Moving Consumer Goods (FMCG) companies operate in a dynamic and competitive environment where agility and efficiency are paramount. These companies produce and distribute goods with
13 Ways to Optimize Your Inventory Liquidation Auction
Selling your inventory through auctions can be a complex task, especially when you have unique needs and specific goals. Auction-based liquidation is a flexible and
Goospares – A Platform for Your Slow-Moving Inventory
Introduction: Slow-moving industrial spares are items that experience limited or infrequent demand. These spare parts are rarely needed for repairs or replacements, and they may
How to Avoid Excess Inventory in the Future?
Excess inventory or surplus inventory is a common issue faced by many businesses. It refers to the inventory that exceeds the demand of the customers.