Archive Tag: reduce excess inventory

How to Reduce Dead Stock and Improve Cash Flow with AI Inventory Solutions

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

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