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The Life Cycle for Unwanted and Unused Stock

Posted on: 03-09-2015 15:37:46750


New Infographic: Download here

Have you ever wondered what the life cycle for a piece of unwanted or unused stock might look like? Probably not. But would you read and download an infographic that was based on this theme? Hopefully.

During this infographic we aim to show how numerous supply chains across the world are rife with inefficiencies and bring attention to the huge volumes of waste currently being produced. An astonishing 83% of all organizations are guilty of holding overstocks, whilst a further 45% of executives have little or no data available on their supply chain. No wonder so much stock meanders harmlessly through life before slowly making its way to the tip; doomed to never fulfil its intended objective. Heart-breaking stuff.

If this short synopsis has so far failed to whet the appetite, stopping you download our free infographic, then perhaps some more teaser statistics will:

  • The average annual Inventory Carry Costs for a $5 Billion company is $53 million.
  • Excess and obsolete inventory costs the typical distributor a quarter of its value per year to manage, store and remove.
  • Companies will make or save $3 trillion through optimized logistics and supply chains through 2022

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