The purpose of the inventory is to sell it. Unsold goods can accumulate over time, resulting in what is described as 'deadstock.' Deadstock is money that has been left on the table, and it can have a substantial influence on a retailer's bottom line.
Deadstock must be offloaded in order to maintain strong profit margins, but eCommerce businesses face inventory optimization challenges as they grow. Deadstock accumulates over time as a result of a lack of inventory management systems and processes.
We'll go through what creates Deadstock, how to get rid of it, and how to keep earnings up in this article. We'll also go over how to avoid dead stock inventories through good inventory management.