Managing Slow-Moving and Obsolete Inventory

Finding Value in Stock That Sticks Around

Slow-moving and obsolete inventory is like that old treadmill in the corner of your basement—it cost money, it’s collecting dust, and no one’s using it. Managing this inventory is about turning that clutter into cash (or at least freeing up some space). This means figuring out what needs to go, what can be given a new purpose, and how to avoid buying items that end up as permanent shelf warmers. The goal? Keep your inventory lean, efficient, and profitable—no treadmills allowed.

The Problem with Dusty Dollars

Imagine taking stacks of cash and locking them away in a box marked 'Do Not Touch.' That’s what happens when you let slow-moving and obsolete inventory linger. It ties up your working capital, takes up valuable warehouse space, and contributes nothing to your bottom line. Worst of all, it silently mocks you every time you walk by.

Every unsold item tells a story: maybe it was over-ordered, seasonal, or a trend that fizzled. Whatever the case, holding onto it doesn’t fix the proble…