Controlling dead stock

  • Dead Stock is stock on hand for products that were created at least a few months ago and have not sold for around six months
    • There is a Dead Stock list view on products that you can use to see the issues
    • Create a view variant, sorting by greatest value, perhaps subtotal by supplier
    • Extract dead stock to a stock-take and pick it.  Then post the stock-take to a 'Dead Stock' single location.
    • Put the stock right in front of the sales team, so they see it when talking to customers
    • Look up sales history on dead stock, the last person to buy the item might be willing to purchase it
    • Consider using Ebay integration to sell of dead stock
    • If you have a retail area, consider starting a "bargain bin" bundling up groups of dead stock items and selling them at a discounted price.