When having a retail business, it’s ideal to always have your shelves fully stocked – but what happens when those shelves start to get overcrowded? The problem is particularly painful for small businesses, which struggle to record and harness customer data to optimize their inventory management. Carrying some overstock is often a necessary component for running a retail business. Yet, even for those who carefully plan their purchases and stock items based on experience and quantifiable data, overstock happens to the best of small business owners. In this post, we’ll cover some strategies for dealing with excess inventory so that...