This great article from amplio prompted us to ask, “Could your Inventory be idle 🥱?” Here are 6 ways to tell 👇🏼
Idle inventory silently erodes your profits, occupies valuable space, and ties up capital.
The good news is that recognising the signs early can transform these hidden costs into opportunities.
Here are six of several indicators your stock might be 📉 underperforming:
- Stagnant Sales: Items that haven’t moved in over 90 days.
- Excess Overstock: Stock levels exceeding forecasted demand.
- High Return Rates: Frequent returns without a clear resale strategy.
- Obsolete Products: Goods that are outdated or no longer in demand.
- Seasonal Surplus: Leftover stock post-season with no clear plan.
- Damaged or Incomplete Items: Products unsuitable for sale in their current state.
At ClearCycle, we specialise in turning these challenges into opportunities through one or more of our services, which include:
Refurbishment: Giving products a second life.
Resale Channels: Access to marketplaces and branded webstores.
Auction Solutions: Optimising returns on low-value or non-repairable goods.
Back-to-Stock Programs: Reintegrating viable products into your inventory.
Return Models: Exploring alternative revenue streams.
By leveraging our platform, retailers can enhance financial yields, reduce operational costs, and contribute to a sustainable circular economy.
Is your inventory working for you or against you?
Let’s discuss strategies that optimise and revitalise your stock, and all with zero upfront investment from you.
