What are the Factors Causing Slow Moving Inventory?

[Suba]

In inventory management, we often hear the term slow moving investory which refers to goods/products stored in the warehouse and shelves displayed in stores and ready to be sold but the supply chain or investory turnover rate is low.

Business people must concentrate on products that have low inventory turnover, especially to prevent greater expenses, disruptions to cash flow, etc. So in your opinion, what are the factors causing slow moving investory?

 

[Min George]

Just maybe, the seller stocked products or brands that are not really favoured by the market. And that is why they are slow to sell.

 

[Augusta]

Non trending goods. When buyers no longer have interest in such products they do not delight to buy them and that's it

 

[Stardom22]

I think that the entrepreneurs should study the market so well and stock the goods that are mostly liked by the customers in the specific business area.

 

[Augusta]

The price of the products needs to be reviewed this way the price reduction can help make people to like what they might not have normally looked at or bought

 

[Kross]

One of the major causes of slow moving inventory is changes in what the customers desire and want per time.

 

[Augusta]

Economic downturns can impact consumer spending, leading to slower sales of certain products,