Slow Moving and Dead Stock: Some Alternative Solutions

Sugiono, N.K. and Alimbudiono, Ria Sandra (2020) Slow Moving and Dead Stock: Some Alternative Solutions. In: 17th International Symposium on Management (INSYMA 2020), February 19-21, 2020, Ba Ria Vung Tau University, Vietnam.

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Slow-moving and dead stocks have been a classic problem of ceramic tile industries. Different varieties of ceramic tiles have the potentials of remaining as dead stock. Thus, this study is aimed at exploring some preventive alternatives and solutions in overcoming slow-moving and dead stock. Quite many companies experience similar problems, and companies take creative solutions. Semi-structured interviews, nonparticipant observation, and documentation analysis are data collection methods used in this study. This study showed that the demand forecast is a strategy to avert dead stock. In addition, the solution for the past dead stock is that additional services should be provided to the customers by initiating sales of ceramics with beautiful patterns and being committed to social responsibility activities through giving away the dead stock of ceramics to factory laborers or marginal communities who are renovating their houses.

Item Type: Conference or Workshop Item (Paper)
Additional Information: ISSN: 2352-5398
Uncontrolled Keywords: Slow-moving inventory, dead stock, ceramic
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Business and Economic > Department of Accounting
Depositing User: Ester Sri W. 196039
Date Deposited: 28 Jan 2021 03:25
Last Modified: 18 Jul 2023 01:45

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