Surplus inventory is an unavoidable challenge in industrial sectors across India. Whether it’s due to an unexpected order cancellation, over-purchasing driven by vendor discounts, or misjudged sales forecasts, excess stock can lead to financial strain. From rising storage costs to blocked capital, surplus inventory can silently erode profits if left unmanaged.
However, with strategic planning, businesses can turn surplus stock into an opportunity rather than a burden. This guide explores practical ways to prevent, identify, and sell surplus inventory efficiently.
Preventing Surplus Inventory Before It Builds UpThe best way to deal with surplus inventory is to prevent it in the first place. Industrial businesses can take several proactive steps to minimize overstocking.
1. Improve…