What You Must Know About Excess Inventory
By definition, excess inventory is inventory that a retail merchant not wants sitting on store shelves or a manufacturer needs out of their warehouse. Massive retailers got to constantly clear out their remaining old inventory to create space for the new. Massive retailers should continue with the most recent product and fill their stock with the latest models on the market. They’re additionally always getting returns. Product comes back for a range of reasons; however it all becomes excess inventory that has got to be controlled outside of traditional retail sales. Once faced with large quantities of excess inventory, companies are forced to take a loss simply to filter out the surplus. They usually call up their liquidator who buys it all at pennies on the dollar. These massive liquidators then break up the inventory and sell it to smaller buyers at huge markups. How the KashMate Sourcing Network Helps buyers Gain Access to Excess Inventory. The KashMate Sourcing Network ...