Physical space for stocking inventory is valuable real estate when you're a business owner. Every extra inch matters. Whether your stock is kept in the back office, remote warehouse or even your living room, you need to do everything you can to keep it all moving. Stagnant inventory processes will not only cause a backup in your operational efforts , it will also cause major chunks of your cash flow to halt.
If you feel like you're drowning in inventory, you're not alone. Several business owners just like you are faced with this exact same issue. Anticipating the perfect purchasing plan seems nearly impossible. And selling old or extra inventory can be one big headache. However, with a bit of creative exercise and hustling skills, you can most definitely maximize profits on that nasty, excess inventory.