{"id":1964,"date":"2021-10-06T15:13:49","date_gmt":"2021-10-06T15:13:49","guid":{"rendered":"https:\/\/www.translog-marquis.net\/stock-mort-et-cout-de-stockage\/"},"modified":"2021-11-16T13:06:35","modified_gmt":"2021-11-16T13:06:35","slug":"dead-stock-storage-cost","status":"publish","type":"post","link":"https:\/\/www.translog-marquis.net\/en\/dead-stock-storage-cost\/","title":{"rendered":"Dead stock and storage costs"},"content":{"rendered":"\n<div class=\"wp-block-media-text alignwide has-media-on-the-right is-stacked-on-mobile is-vertically-aligned-center is-image-fill default-banner has-primary-background-color has-text-color has-background\" style=\"color:#ffffff;grid-template-columns:auto 43%\"><figure class=\"wp-block-media-text__media\" style=\"background-image:url(https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/mtl-banner.jpg);background-position:50% 50%\"><img loading=\"lazy\" decoding=\"async\" width=\"989\" height=\"525\" src=\"https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/mtl-banner.jpg\" alt=\"\" class=\"wp-image-1280 size-full\" srcset=\"https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/mtl-banner.jpg 989w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/mtl-banner-300x159.jpg 300w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/mtl-banner-768x408.jpg 768w\" sizes=\"auto, (max-width: 989px) 100vw, 989px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<h1 class=\"wp-block-heading\">News<\/h1>\n<\/div><\/div>\n\n\n\n<p class=\"has-text-align-right breadcrumb mt-3\"><a href=\"https:\/\/www.translog-marquis.net\/\">Home <\/a>\/ <a href=\"https:\/\/www.translog-marquis.net\/en\/latest-news\/\">News<\/a> \/ Dead stock and storage costs<\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer my-xxl-5 my-3\"><\/div>\n\n\n\n<div class=\"wp-block-group content-centered-75\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h1 class=\"has-text-align-center wp-block-heading\">Dead stock and storage costs<\/h1>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer my-2\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large posts-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage-1024x683.jpg\" alt=\"\" class=\"wp-image-1254\" srcset=\"https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage-1024x683.jpg 1024w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage-300x200.jpg 300w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage-768x512.jpg 768w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage-1536x1025.jpg 1536w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage-1200x801.jpg 1200w, https:\/\/www.translog-marquis.net\/wp-content\/uploads\/2021\/10\/stock-mort-et-cout-de-stockage.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-group bg-white p-5\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p class=\"text-justify\">Although good inventory management is difficult to achieve, it is nevertheless crucial to ensure the sustainability of a company. The latter must know how to juggle between anticipating demand and reality. One false step and the risk of stock shortage or dead stock appears without warning. And today, we will talk specifically about this dead stock, or dormant stock.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is dead stock?<\/h2>\n\n\n\n<p class=\"text-justify\">If a stock has a very low or almost non-existent turnover rate, beware, it is probably a dormant stock or a dead stock. These are in fact products that sell with difficulty or that hardly sell at all. Despite their harmless appearance from afar, they represent a significant cost for the company. The more time they spend in the warehouse, the more expensive they are.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>This cost can be seen in 3 levels:<\/p>\n\n\n\n<p>&nbsp;&#8211; storage: we must maintain the place where it is located in particular<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>&nbsp;&#8211; space: it takes up space that could have been devoted to other products<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>&nbsp;&#8211; capital: this could have been invested in a more profitable project<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Where does the dormant stock come from?<\/h3>\n\n\n\n<p>&#8211; Poor demand forecasting<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>&#8211; Supplier delivery error&nbsp;<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>&#8211; Unforeseen events occurring in the market<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>&#8211; Changing customer behavior&nbsp;<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>&#8211; Customer Returns<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">How to avoid dormant stocks?<\/h3>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">&#8211; Equip yourself with a stock management software or entrust your logistics to professionals<\/h4>\n\n\n\n<p class=\"text-justify\">Meticulous monitoring of your sales volume and inventory with inventory management software helps <strong>avoid dormant inventory<\/strong>. Alternatively, you can also outsource your management to a company like Marquis Transport and Logistics to keep dead stock to a minimum.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">&#8211; Be constantly on the lookout<\/h4>\n\n\n\n<p class=\"text-justify\">Follow the news closely so as not to be surprised by the trend. Everything that happens on social networks can indeed influence negatively the market behavior regarding one product or another.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">&#8211; Partner with suppliers for returns<\/h4>\n\n\n\n<p class=\"text-justify\">Consider returning surplus merchandise to your suppliers. If it is still in good condition, they can take it back under certain conditions before it becomes dormant stock.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">How to get read of a dead stock?<\/h3>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">&#8211; Liquidate unsaleable stock<\/h4>\n\n\n\n<p class=\"text-justify\">Consider returning surplus merchandise to your suppliers. If it is still in good condition, they can take it back under certain conditions before it becomes dormant stock.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">&#8211; Throw it away<\/h4>\n\n\n\n<p class=\"text-justify\">Throwing away is radical but sometimes essential. Especially if the expiration date has passed, it is better to throw away and learn from your mistakes.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">&#8211; Selling at a dead stock market-place<\/h4>\n\n\n\n<p class=\"text-justify\">Several market-places buy back the dead stock in bulk to resell it at discounted prices. So it&#8217;s up to you to partner with or contact these places to try to make even a small profit.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If a stock has a very low or almost non-existent turnover rate, beware, it is probably a dormant stock or a dead stock. <\/p>\n","protected":false},"author":2,"featured_media":1255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dead stock and storage costs, what you need to know<\/title>\n<meta name=\"description\" content=\"Read this article to know more about dead stock and storage costs. 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