Tag Archive: obsolete inventory

Obsolete inventory can be costly for your business

Written by October 8, 2013

Walk through most commercial warehouses and you’ll find products that have been collecting dust for months, even years. Tires that no one wants to buy, raw materials that are no longer used, tubes of caulking that are good for nothing but the dumpster – all may be considered obsolete inventory. What makes inventory obsolete? For one thing, alternative products may...