Eliminate your stagnant stock before they eliminate you

image source: www.eMarketer.com We have all heard of the phrases “The economy is bad!” or “E-commerce is killing the retail business!”. These phrases are getting thrown around even more often in the recent years but what do they actually mean and how do they actually affect you? The most major impact would be your inventory movement slowing down. And in any retail business, this is definitely a huge red flag. Simple observations will probably show that these excess inventories take up space and choke up your capital but if we take a step further to actually analyze the losses, they in fact impact your business on a larger scale. Many intangibles are being affected that you don’t immediately

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