T h e Barter B l o g

The Company Doctor Scott Clark explains that carrying stale inventory is a poor idea for several reasons.

These shortsighted business owners maintain this aging, stale inventory without taking into consideration the fact that value of their obsolete inventory is diminishing over time, while the carrying cost associated with maintaining that inventory keep accruing. Therefore, at some point in time, the cost of maintaining obsolete inventory actually exceeds the sales value of that inventory, resulting in a negative impact on the company’s financial statements.

The best strategy according to Clark is to “dump stale inventory as quickly as possible” and one way of doing that is to barter away that inventory for things the company needs, either through a barter network or through direct barter. Clark also offers several nonbarter ideas for disposing of the aging inventory that you can’t barter away.
Washington Business Journal: Company Doctor

inventory,barter

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