Inventory Control Problems Related to Ageing Stock

1. Inventory Control Problems Related to Ageing Stock Inventory is an important part of a business. Any business dealing in products needs to implement the best inventory control measures and practices to ensure that the inventory in the warehouse is managed in an efficient way. No matter how much a business plans and strategises the flow of inventory in the warehouse, there are certain issues that can’t be completely eliminated. Some of the common inventory control problems are supply chain complexity, lack of experienced staff, poor order management, manual stock tracking and management, changing demand and inaccurate data related to the inventory or stock.

2. There are certain issues in inventory control that are primarily related to the problem of ageing stock or overstock in the warehouse. The ageing stock can be labelled as the slow-moving stock in the warehouse that has been lying in the storage spaces and has not left the business premise for the longest time. Ideally, a product must leave the business warehouse in about 90 days and if it stays in the warehouse after even completing the 90-days cycle, then it can be regarded as the slow-moving stock or the ageing stock of the business. The unsold stock or Monitors Ageing Stock is a huge liability for any business. There are a lot of inventory control problems that are caused by the excess inventory lying in the warehouse for a long time. Here are some of the inventory control problems that are related to the Desktops ageing stock in a business. Warehouse or storage issues The problem of overstock majorly affects the warehouse and its management in various ways. Firstly, the warehouse of the business is restricted to accept the inflow of new inventory due to the old inventory blocking the storage space. Secondly, the business has to bear a lot of expenses for maintaining the old, unsold ageing stock in the warehouse. The warehouse personnel are paid wages, electricity bills and rent for the storage spaces are to be paid by a business to maintain and manage the Home Appliances ageing stock or excess inventory. The excess inventory affects the bottom line of the business and thus businesses need excess inventory liquidation solutions to counter this huge problem. Excess2sell provides an ideal B2B platform for businesses to sell the excess inventory to the right customer. The platform helps businesses from a wide range of industries dealing in different products like Mobile ageing stock, Electronics ageing stock or even Tablets Over Stock to sell off the excess inventory instantly. Excess2sell also provides instant liquidation and does not compromise the profit margins. Thus, it can be considered the best excess inventory liquidation company in India.