As a rule of thumb, we figure that the expense of maintaining goods in inventory averages about 2 percent of the cost of those goods each month. If you carry an item in stock on the shelves or in a warehouse for a year, you're down 24 percent. There aren't many businesses that can overcome this kind of a cost handicap even in the best of times. When business is bad, a slow moving inventory can be a killer.
Dispose of Wholesale Surplus Inventory and Slow Moving Inventory
http://www.morebusiness.com/running_your_business/profitability/tip15.brc
The article then talks about junking inventory and selling it at a distress sale. I think that might apply to some goods, but any sort of industrial parts that may be needed in the future by customers should not be sold at a loss or junked, it should be put into an inventory bank.
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