What is the definition of non-moving inventory?

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Non-moving inventory refers to products that have not been sold or used for a long period of time.

Non-moving inventory can tie up valuable space and capital.
It can be caused by overstocking, poor demand forecasting, or changes in consumer preferences.
Examples include seasonal items that are no longer in demand, outdated technology, or products that have been replaced by newer models.
It is important to regularly review and manage non-moving inventory to prevent losses and free up space for more profitable products.

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Non-moving inventory refers to items in stock that have not been sold or used for an extended period, effectively becoming "dead stock". These items tie up capital and storage space, potentially leading to losses for the business. 
More Details:
Definition:
Non-moving inventory is a category of stock that has remained unsold or unutilized for a significant duration. 
Characteristics:
These items typically have low or no demand and are unlikely to be sold in the near future. 
Impact:
Non-moving inventory can lead to several problems, including:
Increased storage costs: Warehouses fill up with items that aren't generating revenue. 
Tied-up capital: Money is invested in items that aren't being converted into profit. 
Obsolescence: Products can become outdated or damaged while sitting in storage. 
Opportunity cost: The space and budget used for non-moving inventory could be used for faster-moving, more profitable items. 
Examples:
This could include promotional items remaining after a campaign, seasonal goods, or products with declining demand. 
Management:
Strategies for managing non-moving inventory often involve:
Donation: This can help reduce inventory while providing a tax benefit. 
Disposal: Recycling or discarding obsolete items. 
Repurposing: Finding new uses for the items. 
Promotion: Offering discounts or bundling deals to encourage sales. 
Improving demand planning: Addressing the root cause of the overstock to prevent future occurrences.

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We can sell the non-moving inventory that we have, otherwise if it expires, we will suffer huge losses.

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What is the definition of non moving inventory?

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Non-moving inventory refers to products that have not been sold or used for a long period of time.
Non-moving inventory can tie up valuable space and capital.

It can be caused by overstocking, poor demand forecasting, or changes in consumer preferences.

Examples include seasonal items that are no longer in demand, outdated technology, or products that have been replaced by newer models.

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Asked inDMart,Store Manager

What is the definition of non moving inventory?

1 Upvote

56 Answer

Share

1y

Non-moving inventory refers to products that have not been sold or used for a long period of time.
Non-moving inventory can tie up valuable space and capital.

It can be caused by overstocking, poor demand forecasting, or changes in consumer preferences.

Examples include seasonal items that are no longer in demand, outdated technology, or products that have been replaced by newer models.

Accepted Answer

products in a stock that haven't been sold or used for a significant period of time,

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products in a stock that haven't been sold or used for a significant period of time,

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We can sell the non-moving inventory that we have, otherwise if it expires, we will suffer huge losses.

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Slow moving  inventory have not been last 3 to 6 month used or not selling.

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**Non-moving inventory** refers to stock or goods in a warehouse or storage facility that have not been used, sold, or moved for an extended period. These items typically remain idle and do not generate revenue for the business. Non-moving inventory often indicates overstocking, poor demand forecasting, or obsolescence.

**Key characteristics of non-moving inventory:**  
1. **Time-based classification:** Items that have not been sold or used within a specified timeframe (e.g., 6 months, 1 year).  
2. **No demand:** Products with little to no customer interest or usage.  
3. **Cost implications:** Holding non-moving inventory increases storage costs and ties up capital.

**Example:** Seasonal goods that were over-ordered or older versions of products that have been replaced by newer models.

Reducing non-moving inventory often involves strategies like discount sales, liquidation, or repurposing the stock.

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Inventory which is neither coming nor going for a long time, the reason may be anything like it is not in demand or it has expired or its value has increased more than its MRP due to which we cannot sell it above MRP.

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Non-moving inventory refers to products or goods in stock that have not been sold or utilized within a specified period. This type of inventory is characterized by its stagnation, leading to various issues such as blocked capital, increased storage costs, and potential obsolescence. The presence of non-moving inventory can significantly hinder an organization’s overall productivity and supply chain efficiency.

Organizations may encounter non-moving inventory due to several factors, including shifts in consumer demand, inaccurate sales forecasts, seasonal variations, and external economic influences. Additionally, technological advancements can render certain products obsolete, further contributing to the accumulation of unsold stock.

The consequences of holding non-moving inventory are substantial; they include financial losses due to the inability to sell these items, increased holding costs associated with storage and maintenance, and a negative impact on cash flow. As such, effective management strategies are essential for identifying and mitigating the risks associated with non-moving inventory.

To address this issue, businesses often implement strategies like accurate demand forecasting and regular reassessment of stock levels. By doing so, they can improve productivity and enhance overall supply chain efficiency while minimizing the financial risks associated with stagnant inventory.

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Non-moving inventory is a category of inventory that has not been sold or used for an extended period of time, and is also known as dead stock.

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Non-moving inventory is a category of inventory that has not been sold or used for an extended period of time, and is also known as dead stock.

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Non moving article asset and fixtures of the store

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Not in use  some long time this material non moving

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Non-moving inventory refers to products that have not been sold or used for a long period of time.
Non-moving inventory can tie up valuable space and capital.

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Dead inventory

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In the storage warehouse, we refer to the goods that do not move for a long period as non-moving goods

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1. Slow-moving: Selling at a rate slower than anticipated.
2. Dead stock: Not selling at all, often due to being obsolete, outdated, or no longer in demand.

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The term "non-moving inventory" refers to inventory that has not been sold or used for a certain period of time, typically longer than expected. This can include products that are:

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Non-moving inventory is the products or goods in stock that remain unsold or have not been utilized for production within a specific time frame. Such items become obsolete over the period, resulting in financial losses to the company

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if any sku/ goods are not demanding or picking by buyer/customer that is called non moving inventory.

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Unwanted material and exper date material

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Unwanted material and exper date material

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items with little-to-no demand that are unlikely to sell. Inventory managers might store nonmoving items in the back of the warehouse if they expect the item to come back into demand with a changing season.

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Non moving meterial above the shelf life..

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Kpi : key performance Indicator Abv : average Bill value Upt: unit per transaction

to increase abv and upt we have work on this offer product which laying on cash till to present to customer

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my job to handle Fashion  action and General merchandising and other officer work like hiring ,back hand support

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we have to see where is the issue coming .
we have to talk staff target vs achievement 
which department not preforming understand the concern and achive the goel

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items with little-to-no demand that are unlikely to sell. Inventory managers might store nonmoving items in the back of the warehouse if they expect the item to come back into demand with a changing season.

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which items not sold for a long period or .. deadstocks are called Nonmoving product

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The material which is not move from last six months. The inventory that rarely moves

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All operations equipments which fixed as like utensil asset

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Non moving inventory is called the inventory which is not moving from past three months.

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jo product sale nhi ho raha hai aur agar ho bhi raha to kam ho raha hai to us product ko non moving inventory bolte hai

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Customer non dimond due to very slow sale in year.is that non moveing inventory.

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Non-moving inventory refers to products that have not been sold or used for a long period of time.

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Material Not moving last 3 months The material which is selling from Long time is non moving

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if there is no other activity against the warehouse at the time, an X-SMALL will load up to 8 files in parallel

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items with little-to-no demand that are unlikely to sell

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Grahako ko kush karana

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Products that are not sold, And they stay for a long time They are called non moving inventory

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Nonmoving: The nonmoving category represents your deadstock — items with little-to-no demand that are unlikely to sell. Inventory managers might store nonmoving items in the back of the warehouse if they expect the item to come back into demand with a changing season.

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stock report daily basis check and count items

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The article which has not been sold for a long time.

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Nonmoving: The nonmoving category represents your deadstock — items with little-to-no demand that are unlikely to sell. Inventory managers might store nonmoving items in the back of the warehouse if they expect the item to come back into demand with a changing season.

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Stock report check and daily bases stock count

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The inventory which lies more than 15 days with 0 sale.

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The stocks which are not selling or not moving (in terms of sell). Need to provide mark downs or display in such a manner so the stocks seems to be fresh to the customers, if they are ageing stock than plan for RTV

What is the definition of non-moving inventory?

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