The term deadstock, as applied to consumer goods, means the item being sold is authentic. Deadstock goods must be brand new, never worn and usually include the original tags.
The faulty products have to be thrown away and written off from the inventory. Dead stock causes space problems because a business has to put aside the goods in another area to create space for other incoming merchandise.
Inventory that doesn’t turn over – that doesn’t sell – is often referred to as dead stock. With businesses that don’t use inventory management software, dead stock can remain on warehouse shelves forgotten and useless.
Dead stock costs businesses money. They can’t recoup the costs of unsold goods that they either manufactured themselves or purchased from another company. In addition, storing dead stock costs money and takes up valuable warehouse space that could be used to house more of a company’s top-selling products.
Answers & Comments
Explanation:
The term deadstock, as applied to consumer goods, means the item being sold is authentic. Deadstock goods must be brand new, never worn and usually include the original tags.
The faulty products have to be thrown away and written off from the inventory. Dead stock causes space problems because a business has to put aside the goods in another area to create space for other incoming merchandise.
#CARRYONLEARNING <3
Answer:
Inventory that doesn’t turn over – that doesn’t sell – is often referred to as dead stock. With businesses that don’t use inventory management software, dead stock can remain on warehouse shelves forgotten and useless.
Dead stock costs businesses money. They can’t recoup the costs of unsold goods that they either manufactured themselves or purchased from another company. In addition, storing dead stock costs money and takes up valuable warehouse space that could be used to house more of a company’s top-selling products.