Dead Stock
Inventory ManagementDead stock refers to inventory that has not sold in a long time and is unlikely to sell in the future. Dead stock ties up warehouse space, accumulates carrying costs, and occupies valuable pallet positions that could store faster-moving inventory. Identifying and clearing dead stock is important for maintaining warehouse efficiency and reducing costs. Methods for managing dead stock include discounting, bundling with popular items, or liquidating inventory. Regular inventory analysis helps prevent dead stock accumulation.
Related Terms
Slotting
Slotting (or slot optimization) is the process of strategically assigning inventory locations within the warehouse to minimize picking time and distance.
SKU (Stock Keeping Unit)
A Stock Keeping Unit (SKU) is a unique alphanumeric code assigned to each distinct product or variant in inventory.