Materials
Inventory Aging
Tracking how long inventory has been stored in a warehouse to manage obsolescence and turnover.
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Updated 2025-10-01
Definition
Inventory aging helps identify slow-moving or expired products and informs decisions on discounts, promotions, or disposal.
Overview
Overview
Monitoring inventory aging is crucial for cost control, reducing waste, and maintaining efficient warehouse operations.
Benefits
- Identifies slow-moving stock
- Prevents obsolescence
- Supports demand planning and replenishment
Example
A warehouse flags products stored for over 6 months for promotion or return to suppliers to free up space for new inventory.
Tags
#Inventory Aging#Inventory Management#Warehouse#Stock Control#Materials
Related Terms
Inventory Turnover
Dead Stock
Cycle Counting
