Retail Resources

Cleaning Up Stale Inventory Before the Holidays

Nov 02, 2015 — Megan Slinn
Cleaning_Up_Stale_Inventory.jpg

 

With Black Friday right around the corner, proper holiday prep is crucial.

An important part of holiday prep is taking the time to clean up your Stale Inventory. This can easily be done with the Stale Inventory Report. 

The Stale Inventory Report helps you determine which items to discount for the holidays.

This report will help you determine which non-serialized inventory is not moving as you want it to. You can then decide what you won't need to order for the holidays, or what you'll put on sale!

A great trick is to look at which products have a Daily Average of Less than 1 and which have been In Stock for Greater than 50 days. (See below screenshot.)

Cleaning_Up_Stale_Inventory_Image_1.png

To learn more about this report, check out our handy help file here: http://iqmetrix.helpdocsonline.com/stale-inventory-report

Topics: Retail Operations

Recent News

Comments