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Science

Supply Chain Glossary

Stale Inventory

    Stale Inventory


    Stale inventory:Inventory that is no longer selling at the expected rate. Stale inventory can tie up capital and lead to storage and obsolescence costs.

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    “Asahi Beverages is Australia’s largest brewer, supplying a leading portfolio to wholesalers and retailers, including some of Australia’s most iconic brands. Last year Asahi Beverages acquired Carlton & United Breweries, which is its Australian alcohol business division. To harness the strength of our expanded portfolio, we partner with our customers to run multiple and frequent trade promotions throughout the year, delivering long-term growth for both our business and theirs. Given the inherent complexity in optimising promotional plans and our continued focus on revenue and growth management, we have selected Complexica as our vendor of choice after a successful Proof-of-Concept of its world-class optimisation capabilities.”

    Kellie Barnes
    Group Chief Information Officer
    Asahi Beverages
    Asahi

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