Slow Moving Inventory
Project Description
Inventory that sits on the shelf costs incurs carrying costs that erode profits. Products that sit too long eventually become so expensive that they can never turn a profit. This app provides the working capital and profit profiles of different strategies, assisting managers in making an informed decision on when to discount, when to keep, and when to discard product.
Use it as a stand alone app or connect it to your ERP system (like Dynamics) to work with live data.
Use Cases
- Compare discounting versus run-out-inventory strategies
- See effects on profits and working capital
- Create a durable record to hold sales accountable to forecasts
