reduce inventory

USAGE SUMMARY

"reduce inventory" is correct and usable in written English.
You can use it when referring to the need to reduce a company's inventory of products. For example, "The company decided to reduce inventory in order to save money."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

53 human-written examples

We help reduce inventory".

The New York Times

That decision squeezed Lowe's gross margins but helped it reduce inventory in stores.

The New York Times

He said it happened too quickly to cut costs or reduce inventory coming into the stores.

The New York Times

His job was to reduce inventory losses due to shoplifting or employee theft.

The New Yorker

Kmart missed expectations, however, citing a wider-than-expected loss on its decision to reduce inventory.

The New York Times

The moves to reduce inventory mirror what other retailers are doing.

The New York Times

He said a restructuring plan was necessary to reduce inventory to meet lower demand.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

4 human-written examples

Some wholesalers say they have been able to reduce inventories.

The New York Times

Ford is also streamlining production plans to reduce inventories.

The New York Times

In order to reduce inventories, production is also being slashed.

The Economist

Holding out would reduce inventories further as oil is bought in anticipation of higher prices.

The New York Times

Expert writing Tips

Best practice

When aiming to "reduce inventory", prioritize items with high carrying costs or those nearing obsolescence to maximize cost savings and efficiency.

Common error

Avoid drastically reducing inventory without a clear understanding of demand patterns. This can lead to stockouts and lost sales opportunities. Analyze sales data and forecasts carefully before implementing any significant changes.

Linguistic Context

The phrase "reduce inventory" functions as a verb phrase with a noun. According to Ludwig AI, it's grammatically correct and commonly used. The verb "reduce" indicates an action performed on the noun "inventory."

Expression frequency: Very common

Frequent in

News & Media

44%

Science

36%

Formal & Business

20%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "reduce inventory" is a grammatically sound and frequently used phrase, primarily within business, news, and scientific contexts. According to Ludwig AI, the phrase is correct and usable in written English. It serves the purpose of describing actions taken to decrease stock levels, often to improve financial performance or operational efficiency. When using this phrase, consider alternative phrasing like "decrease stock levels" or "optimize inventory levels" to capture specific nuances. Remember to analyze demand before drastically reducing inventory to avoid stockouts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

decrease stock levels

Focuses on the physical act of lowering the amount of merchandise on hand.

lower inventory volumes

Emphasizes the quantity of inventory being managed.

cut back on inventory

Suggests a more aggressive and immediate reduction.

optimize inventory levels

Implies finding the ideal balance, not just reducing.

streamline inventory management

Focuses on improving the efficiency of handling inventory.

trim inventory holdings

Suggests a neat and careful reduction of stock.

alleviate inventory surplus

Addresses situations where there's too much stock.

draw down inventory

Implies gradually depleting the inventory over time.

mitigate inventory glut

Highlights managing a situation of excessive inventory.

scale down inventory

Suggests a proportionate decrease in the amount of stock.

FAQs

How can I use "reduce inventory" in a sentence?

You can use "reduce inventory" to describe actions taken to decrease the amount of stock a company holds. For example, "The company decided to reduce inventory to improve cash flow."

What are some strategies to effectively "reduce inventory"?

Strategies include offering discounts, improving demand forecasting, streamlining the supply chain, and implementing just-in-time inventory management. Some companies decide to halt production temporarily.

What can I say instead of "reduce inventory"?

Alternatives include "decrease stock levels", "lower inventory volumes", or "optimize inventory levels", depending on the context.

Why is it important for businesses to "reduce inventory"?

Reducing inventory can lower storage costs, minimize the risk of obsolescence, free up capital, and improve a company's financial performance. It helps in managing cash flow and increasing profitability.