Overproduction occurs when you produce merchandise before the need arises or produce them in a quantity larger than necessary. More
Excess Inventory
Why is Excess Inventory Something To Worry About?
Management of inventory levels is just as important an aspect of business as any other. Just as scarcity of inventory can lead to several problems in the functioning of the business, excess inventory too, can cause several problems. More
Time to Let go of Non-Productive Assets; Moderate Moving Stock, Overabundance Stock, and Overloads!
For some organizations, stock is the most costly speculation they hold. It has become usual for a business to tie 50% [if not more] of its aggregate capital into stock. More
Making Use of Your Excess Inventory.
Keeping excess inventory is a huge risk for a business. The fact that it is not generating any income and gradually losing its value cannot be ignored. More
How Excess Inventory can Leech Your Profits.
Excess inventory is any supply in excess of demand. What one needs to know is that excess inventory is money in a different form but it slowly loses value over time. More
Salvage as a Claims Management Tool
By adopting salvage management, following benefits would accrue to the Insurers to start with: More