What is Dead Stock?
In this glossary, Dead Stock refers to: Inventory items that have not moved or been sold for a prolonged period and are unlikely to be sold in the future, as classified in WMS, inventory audits, and write-off procedures.
How is Dead Stock used in logistics?
In logistics communication, this term appears in contexts such as: "Regular inventory audits help identify dead stock, allowing companies to initiate markdowns or write-offs in accordance with accounting policies."
Why does Dead Stock matter in logistics?
Dead Stock matters because it supports clear communication in Warehousing contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Who uses Dead Stock?
Dead Stock is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.
What category does Dead Stock belong to?
In this glossary, Dead Stock is grouped under Warehousing. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.