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Inventory & Stores
Dead Stock
Materials or products that have not been used or sold for a long time and are unlikely to move in the future.
Dead Stock refers to inventory items that have had no movement for 6-12 months and are unlikely to be used again.
Causes
- Over-purchasing
- Product discontinuation
- Customer order cancellations
- Obsolescence due to technology changes
Action
Identify dead stock quarterly, attempt liquidation, return to supplier, or scrap to free up warehouse space and capital.
See Dead Stock in Action
Don't just read about Dead Stock. See how Karygar automates this process to reduce manual work and errors on your factory floor.