Retailers constantly face the challenge of dead stock. These unsold items quietly absorb valuable space and working capital, eroding margins
Dead Stock Management: How AI and Targeted Promotions Are Preventing Stock Markdowns
Retailers constantly face the challenge of dead stock. These unsold items quietly absorb valuable space and working capital, eroding margins
In the world of retail and wholesale, managing inventory efficiently is crucial for maintaining profitability and operational fluidity. Dead stock, or inventory that remains unsold for an extended period, can significantly hamper cash flow. According to Forbes, dead stock costs retailers a staggering $50 billion annually in lost revenue. Thankfully, the advent of AI-powered inventory management