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What is the best solution to reduce your slow moving stock. How to avoid future dead stock so as to avoid write offs ?

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Question added by Donny David Chandy , Operations Manager , Magus International
Date Posted: 2014/11/30
Alzain Ahmed
by Alzain Ahmed , Pharmacy Management and Supervision , National Medical Supplies Fund

well I think the best the solution would be to promote the target as it will to turn to hot item

Mansour Eljabri
by Mansour Eljabri , Lead of Materials Coordination & Stock Control , RASCO

The best solution to reduce slow moving stock, first the stock should be reviewed and examined in details to know is it's causes, then solutions become noticeable and can be implemented to reduce the slow moving stock. Quality measures would help but QC can be one reason in slow moving stock when it's faced with different  understanding from other parts in the organization.    

Prabin Rai
by Prabin Rai , inventory officer , bijaya motor

I think the best way to control the write off is to Maintain best QC in order to keep in best quality so it would help to control damage and keep updated with top management and the outlet or brand team for urgent action. 

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