Eliminating Excess Inventory for Brands and Retailers
As inflation worries and economic uncertainty influence consumers’ e-commerce purchases, you may find your inventory calculations don’t match demand. Perhaps some products didn’t sell as well as you thought, or your customers have cut back on their orders.
There are plenty of ways to mitigate inventory abundance. However, each tactic’s success will depend on how well it addresses your specific business goals.
In this guide, we address the retailer- and brand-specific challenges of excess inventory, which strategies that work best to keep sales flowing and steps to prevent inventory strain from becoming a larger issue.