If you have a slow moving inventory problems which is generally defined as goods with no sales for 12 months or more, then you need to get rid of this inventory.  It is costing you at least 2% per month to hold onto these goods.  This is not a static problem.  Items in your inventory die every day!!  Assign someone in your organization to manage this problem!  Have them follow the below advice from industry experts

• Distress sales of goods
  • Use Deadstock Network or other means to discount the items and get them sold
• Donate the items to charity and get the tax break
• Destroy the items and get the tax break

In any event you should be proactive in your management of this on going issue.

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