Imagine having to throw away $30M of toys because your excess inventory costs are so high it's cheaper to dispose of than store them. While that financial write-off hurts, the unknown
Currently, retailers in the US are facing $45 billion of excess inventory, up 26% from 2021. The good news is that the supply chain and finance teams responsible for clearing inventory have options.
The current era has initiated a great sense of consumerism within all avenues due to growing needs and wants. There is a huge expectation to meet needs of all segments and an adequate