Idle Stock Evaluation Service
It detects and corrects malfunctions of electronic products and provides regular maintenance services.
What is Idle Stock?
Idle stock refers to products, materials, or raw materials that a business holds but are not used, sold, or in demand for a long period. These stocks do not actively participate in business operations and create costs for the business.
How is Idle Stock Created?
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Incorrect Demand Forecasting: When demand is not accurately predicted, too many products are produced or purchased. This leads to stock remaining unsold over time.
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Product Life Cycle: When a product becomes outdated or out of fashion, demand decreases. However, if the stock is not depleted, it becomes idle.
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Slow-Moving Products: Some products may stay in stock for a long period because they fall outside of general demand or have low sales volume.
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Seasonal Products: Seasonal products may remain in stock after the season ends and stay idle until the next season.
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Supply Chain Issues: Disruptions in the supply chain may result in products being left unsold or unused, creating idle stock.