Sentence examples for obsolete inventory from inspiring English sources

"obsolete inventory" is correct and commonly used in written English
It refers to items or goods that are no longer useful or relevant, often due to being outdated or replaced by newer versions. Example: "The company decided to clear out their obsolete inventory to make room for new products."

Exact(12)

That is called obsolete inventory, which will probably be calculated when you — or your descendants — sell your inventory during a liquidation sale, for pennies on the dollar.

Included in Nortel's loss this quarter are charges of $750 million for obsolete inventory, $750 million for provisions related to customer financing and receivables and $400 million for the decline in value of investments.

Now companies will have to do things like quickly write off obsolete inventory and uncollectible receivables.

In the end, Ann Taylor wrote off a host of obsolete inventory.

GXS, a business-to-business supply chain consultant, estimates that the industry loses $2.5 billion annually on obsolete inventory.

Distributors would no longer get stuck with preconfigured PCs nobody wanted, and IBM wouldn't have to eat obsolete inventory.

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Similar(48)

It was designed to replace previous techniques for managing inventories based on reorder points and economic order quantities.The problem with these systems was that they were backward looking and resulted in an excessive inventory of obsolete stock.

Many highway agencies are adopting a paradigm shift to Mechanistic-Empirical pavement design practices, obsoleting huge inventories of resilient modulus database used for empirical design.

For supplies that may expire or become obsolete, calculate the inventory turnover (cost of goods sold divided by inventory) and make sure the time to expiration/obsolescence is well below the period of time implied by the turnover.

In The New York Times, Vincent Canby noted that same month "the fickle tastes of the movie-going audience have made a large part of [studios' film] inventory obsolete".

The technology was improving, leaving Turnstone with an inventory of obsolete merchandise that had to be written down.

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