A merchant's best option is often to liquidate the items and move on because at the end of the day, turning a smaller profit on slow-moving inventory is better than losing money while it takes up space and bottom line.
There are a variety of liquidation methods that work depending on the retailer's overall business goals, operational capacity, and the nature of the liquidated product. Because slow-moving inventory can cause the most problems in a retailer's warehouse, the order fulfillment process is a key area for implementing liquidation strategies.
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Keywords: Inventory Planning & Optimization, Global Fulfillment and Distribution, Logistics, Order Fulfillment & P.O. Mgmt., Technology, Business Strategy Alignment, Supply Chain Analysis & Consulting, Global Supply Chain
There Are Several Ways to Liquidate Your Slow-Moving Inventory
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