5 Warehousing problems Caused Due to Excess Inventory

1. 5 Warehousing problems Caused Due to Excess Inventory Warehousing is the backbone of any business in the modern world. With e- commerce flourishing in the world, it has become inevitable for industries and production units to depend on warehouses (also known as godowns in India) for their inventory storing needs. One of the biggest issues faced by any business these days is overstocking. Excess Inventory Sale has become the target of any business and they are looking for ways to deal with this situation. There are various problems faced by a business due to the surplus of stock but the main issues arise in fulfilling the warehousing needs of the excess inventory. Here are five common problems in warehousing caused due to excess inventory. Problems caused dues to Excess Inventory 1.Increased cost: The overstock leads to increased costs incurred by the company. For instance, a company may have one warehouse. If they have new stock and the excess inventory of old stock, they would require more

2. spaces to store the stock. This would either leaves them with the option of disposing of the overstock or rent out new spaces. Both of the situations are unprofitable for the company and thus it requires a method for excess inventory sale to get profit on this overstock. 2.Damaged goods; When an inventory stays for a longer period in the warehouse than its expected life, it tends to get damaged with time. This Liquidation Stock is a waste and a loss to the enterprise. Businesses require to find a way for excess inventory sale to curb this problem of unnecessary loss caused to the business. 3.Increased labour costs: The more stock we have, the more people we need to manage it. When there is an excess inventory or surplus inventory in the warehouse, we need to hire a more warehousing workforce to maintain and manage the stock. This could result in increased costs in the form f salary to these employees. This problem must be tackled through a business to business solution to the problem of overstocking. 4.Limiting to invest in other operations: When a company or business has Excess Inventory Sales unsold inventory, it loses the opportunity to invest the money in the right operations for the business. For instance, our funds get blocked in the inventory and its management and we are unable to use those funds towards marketing and better business opportunities. 5.Reduced demand of products: When there is an overstock of a product in the warehouse, it usually leads to reduced demand in the market for that product. As mentioned above, a product has a certain period of life cycle and with time it gets unfit for use. In such cases, the demand for that product eventually reduces. Businesses need to deal with the problem of surplus inventory with modern solutions. One of the best solutions would be to liquidate surplus inventory through business to business solutions. Excess2sell is one such business to business Purchase Liquidation Stock firm that helps in excess inventory sales. It deals with the liquidation of products from a wide range of industries from apparel to mobile. It is one of the best mobile wholesale markets in India. In addition to mobile phone Wholesale Mobile

3. Distributors In India, it provides Flipkart Liquidation Stock India for various products like laptops, Wholesale Home Security Cameras, wellness and beauty products as well. Excess2sell is the best excess inventory sale solution you can find for your problem of overstock.