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continue to implement digital tools and automation in their supply chain, liquidation processes remain largely outdated and manual process.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...
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...
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...
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...
Topics: unsold inventory, supply chain, discount retail
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...
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....
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...
Topics: liquidation, donation, unsold inventory
The business of unsold inventory can be confusing enough. But add to that the variety of terms and definitions that organizations use, and you’ve got a recipe for miscommunication. Knowing how to...
Topics: liquidation, unsold inventory, supply chain
One of the toughest things about closeout sales in the CPG space can often be simply figuring out whose responsibility it is. Where in an organization the job sits, whether it’s a dedicated role, and...
Topics: liquidation, unsold inventory