You cannot afford to hold onto excess and slow moving inventory because its carrying costs average 25% or more per year! And, it’s probably taking up valuable warehouse space too – space that could be used for more productive inventory.
Should you surplus it? You may get a minimal return on this inventory but is that worth having it out in the surplus market possibly competing against you, or worse, your CUSTOMERS??
Or just scrap it? You don’t need to destroy your best possible level of shelf availability by scrapping it.
The day that you scrap or surplus this inventory is the day that your customer will need it! If it is not available for future demands, you will recreate more excess of the same items that you just scrapped or sold as surplus for pennies on the dollar.
YOU CAN’T AFFORD TO KEEP IT, BUT YOU NEED IT! What is the solution?
Try our GPS INVENTORY BANK programs to:
- Eliminate inventory carrying costs that average 25% or more EACH YEAR
- Free up warehouse space
- Provide 24/7 availability for exceptional customer service
- Free up cash flows
- Retain availability for long term product support
- Increase your profits!
For more information contact us at (800) 896-0477 or visit our website at www.gpsinventorysolutions.com
