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To reduce non-moving stock, start by analyzing inventory data to identify slow-moving items and their reasons for stagnation. Implement targeted promotions or discounts to encourage sales, and consider bundling these items with faster-selling products. Additionally, optimize your inventory management practices by setting reorder points based on demand forecasts and regularly reviewing stock levels to prevent overordering. Finally, consider donating or liquidating obsolete items to free up warehouse space and improve cash flow.

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1mo ago

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