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Science

Supply Chain Glossary

Obsolete Stock

    Obsolete Stock


    Obsolete stock: Obsolete stock is inventory that is no longer needed or wanted by a company. This can happen for a variety of reasons, including changes in consumer demand, technology obsolescence, or the discontinuation of a product line. When inventory becomes obsolete,it can tie up valuable resources that could be better used elsewhere. As such, it's important for companies to manage their obsolete stock levels carefully.

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