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“You can’t manage what you can’t measure.” Is it a little bit cliche? Sure, but it’s still tried and true advice when it comes to just about every piece of your company. Managing excess and obsolete...
Managing unsold inventory can be a confusing proposition, and it only gets more complicated when you factor in the various terms and definitions that different organizations use. Accurately defining...
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Topics: liquidation, unsold inventory, supply chain
While many industries continue to implement digital tools and automation in their supply chain, liquidation processes remain largely outdated and manual process. It’s essential for CPG manufacturers...
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Topics: liquidation, unsold inventory, supply chain, discount retail
Having a robust liquidation program not only helps reduce waste which benefits the environment, but can also have a significant impact on your company’s financials. By moving excess inventory...
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Topics: liquidation, unsold inventory, supply chain, discount retail
Rebranding is common in the CPG industry because companies want to keep their products current, modern, and relevant to consumers. However, this also means they sometimes end up with obsolete...
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Topics: unsold inventory, supply chain, discount retail
Memorial Day Weekend has passed, marking the beginning of the summer season for many people. In the world of consumer packaged goods, this means a bigger emphasis on summer-related products, such as...
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Topics: unsold inventory, supply chain, discount retail
0 Comments Click here to read/write comments
Topics: liquidation, unsold inventory, supply chain
“You can’t manage what you can’t measure.” It’s a bit of a platitude, but it remains tried and tested advice when it comes to just about every business imperative. Inventory management is no...
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Topics: unsold inventory
Excess inventory is our bread and butter. We’ve spent years discussing the challenges of – and solutions to – excess inventory with manufacturers, brokers, retailers, and consumers in the CPG space....
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Topics: unsold inventory
The hardest step in managing excess, slow-moving or obsolete inventory is getting started. Once you’ve decided to ramp up your closeout program, you may have trouble evaluating your options. There...
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Topics: liquidation, donation, unsold inventory