{"id":8259,"date":"2024-09-19T04:20:11","date_gmt":"2024-09-19T04:20:11","guid":{"rendered":"https:\/\/www.hashmicro.com\/ph\/blog\/?p=8259"},"modified":"2025-12-23T09:01:50","modified_gmt":"2025-12-23T09:01:50","slug":"slow-moving-inventory","status":"publish","type":"post","link":"https:\/\/www.hashmicro.com\/ph\/blog\/slow-moving-inventory\/","title":{"rendered":"Optimizing Slow-Moving Inventory for Filipino Business Success"},"content":{"rendered":"<p>A Filipino proverb once said, &#8220;Kapag may isinuksok, may madudukot&#8221; (if you save something for later, you will have something to pull out). This saying highlights the importance of balancing resources to ensure you have something reliable when needed.<\/p>\n<p>For example, a local retailer with shelves full of winter coats in a tropical country. These slow-moving items not only tie up valuable space but also capital that could be used for faster-selling products.<\/p>\n<p>By implementing effective <a href=\"https:\/\/www.hashmicro.com\/ph\/inventory-management-system\">inventory management<\/a> practices, businesses can transform this challenge into an opportunity for growth. To tackle this, effective inventory management involves using advanced tools and techniques to address slow-moving inventory.<\/p>\n<p>Specifically, real-time tracking and demand forecasting are essential strategies that can help optimize stock levels and enhance overall profitability.<\/p>\n<div id=\"toc_group_article\" style=''>\r\n\t<p style='font-size:25px;font-weight:bold; margin-bottom:0px'>\r\n\t\tTable of Contents\r\n\t<\/p>\r\n\t<ul id=\"list_toc\" class='list_toc'><\/ul>\r\n<\/div>\r\n\r\n<div id=\"placeholder-toc\"><\/div>\r\n<div id=\"toc\">\r\n    <div class=\"header\">\r\n\t<span class=\"toc-title\" id=\"toc-title\">Content Lists<\/span>\t\r\n\t <i class=\"toc-icon\">\r\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"30\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#000\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"header-icon\">\r\n          <path d=\"m6 9 6 6 6-6\" \/>\r\n        <\/svg>\r\n      <\/i>\r\n\t<\/div>\r\n    <div class=\"list\">\r\n      <ul id=\"toc-list\"><\/ul>\r\n    <\/div>\r\n <\/div>\r\n\r\n<style>\r\n\/* Simple styling for the TOC *\/\r\n\t\r\n\t#toc ul li:last-child {\r\n    padding-bottom: 16px; \/* Adjust the value as needed *\/\r\n}\r\n\r\n.td-fix-index {\r\n\t transform: unset !important;\r\n     -webkit-transform: unset !important; \r\n}\r\n.footer-contact .td-fix-index {\r\n\t transform: translateZ(0) !important;\r\n     -webkit-transform: translateZ(0) !important; \r\n}\r\n\t.tdb_single_content .tdb-block-inner.td-fix-index{\r\n\t\tposition: static;\r\n\t}\r\n\t\r\n\r\n\t\r\n#toc {\r\n  background-color: #FFF;\r\n\tpadding: 17px 24px 20px 24px !important;\r\n  margin-bottom: 20px;\r\n\/*   border: 1px solid #9C171E; *\/\r\n  border-radius: 6px;\r\n\tdisplay: none;\r\n  max-width: 100%;\r\n  transition: .4s ease height;\r\n\tmargin-left: 0;\r\n\toverflow: hidden;\r\n}\r\n\r\n#toc .header{\r\n  display: flex;\r\n  align-items: center;\r\n  justify-content: space-between;\r\n\tbackground-color: transparent;\r\n}\r\n\t\r\n\t#toc.sticky .header{\r\n\t\tpadding: 4px 0;\r\n\t}\r\n\t\r\n.header p{\r\n  font-size: 18px !important;\r\n  font-weight: 600 !important;\r\n  color: #393939;\r\n   margin-bottom: 0;\r\n  \/* margin-top: 20px; *\/\r\n}\r\n\r\n.toc-icon{\r\n  float: right;\r\n\/*   visibility: hidden; *\/\r\n}\r\n\r\n\t.toc-title{\r\n\t\tmargin-right: auto;\r\n\/* \t\tpadding-left: 20px; *\/\r\n\t\tfont-weight: 600;\r\n\t\talign-self: center;\t}\t\r\n\r\n#toc ul {\r\n  list-style-type: none;\r\n  padding-left: 0;\r\n  padding-top: 20px;\r\n  margin-top: 0px;\r\n}\r\n\t\r\n#toc.sticky ul{\r\n\toverflow-y: auto;\r\n\tmax-height: 250px;\r\n\tmargin-top: 0px;\r\n\tpadding-top: 20px;\r\n\/* \tborder-top: 1px solid #d3d3d3; *\/\r\n}\r\n\t\r\n#toc ul li {\r\n\/*   margin-bottom: 10px; *\/\r\n  margin-bottom: 10px;\r\n\tmargin-left: 0;\r\n\ttransition: .2s ease;\r\n\tcursor: pointer;\r\n}\r\n\t\r\n\t#toc.sticky ul li {\r\n\t  margin-right: 10px;\r\n\t}\r\n\t\r\n.td-post-content #toc-list li a:hover, .td-post-content #toc-list a.active{\r\n\tbackground-color: #FFF;\r\n\/* \tpadding: 8px 16px 8px 16px; *\/\r\n\tpadding: 4px 16px 4px 16px;\r\n\tborder-radius: 6px;\r\n\tcolor: #9c171e !important;\r\n\tfont-weight: 600 !important;\r\n}\r\n\t\r\n\t.td-post-content #toc-list li:hover a, .td-post-content #toc-list a.active{\r\n\t\tcolor: #9C171E !important;\r\n\t\tfont-weight: 600 !important;\r\n\t}\r\n\t\r\n.td-post-content #toc-list a.active{\r\n\tfont-weight: bold !important;\r\n\tcolor: #9C171E !important;\r\n}\r\n\t\r\n#toc a, .td-post-content #toc-list a {\r\n  text-decoration: none;\r\n  color: #ea1717 !important;\r\n  transition: .2s ease;\r\n\tfont-weight: 400 !important;\r\n\tdisplay: block;\r\n\t\r\n\tpadding: 4px 16px 4px 0;\r\n}\r\n\r\n#toc.sticky {\r\n  position: fixed;\r\n\/*   top: 73px; *\/\r\n\tbottom: 0;\r\n  z-index: 100; \r\n  box-shadow: 0 2px 5px rgba(0,0,0,0.1); \r\n\twidth: 100%; \r\n\tbackground-color: #FFF;\r\n\/* \tbackground-color: #FFF1F1; *\/\r\n\tborder-bottom: 1px solid #ea1717;\r\n\/*   border: 1px solid #393939; *\/\r\n  box-shadow: 0px 0px 14px 0px #00000040;\r\n  cursor: pointer;\r\n\tanimation: fadein .3s ease;\r\n\tpadding: 12px 16px !important;\r\n}\r\n\t\r\n\t.fadein{\r\n\t\tanimation: fadein .3s ease;\r\n\t}\r\n\t\r\n\t.fadeout{\r\n\t\tanimation: fadeout .3s ease;\r\n\t}\r\n\t\r\n\t\r\n\t@keyframes fadein{\r\n\t\t0% {\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@keyframes fadeout{\r\n\t\t0% {\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t}\r\n\r\n\t\r\n#toc.sticky .header p{\r\n\tmargin-bottom: 10px;\r\n\tmargin-top: 10px;\r\n}\r\n\r\n#toc.sticky .toc-icon{\r\n  visibility: visible;\r\n\/* \ttransition: 0.4s ease; *\/\r\n}\r\n\t\r\n\t.toc-icon{\r\n\t\talign-items: center;\r\n    \tdisplay: flex;\r\n\t}\r\n\t\r\n\tsvg.header-icon{\r\n\/* \t\tbackground-color: #9c171e; *\/\r\n\t\tbackground-color: #FFF;\r\n\t\tborder-radius: 30px;\r\n\t\tpadding: 5px;\r\n\t}\r\n\r\n#toc.sticky .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\t\r\n\t#toc .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\r\n#toc .header.active .toc-icon{\r\n\ttransform: rotate(0deg); \r\n\topacity: 1;\r\n}\r\n\r\n\t#toc .header.active + .list {\r\n\t  max-height: 200px; \/* Adjust this value as needed *\/\r\n\t  opacity: 1;\r\n\t}\r\n\t\r\n\t#placeholder-toc{\r\n\/* \t\tdisplay: none; *\/\r\n\t}\r\n\t\r\n\t@media (min-width: 768px) and (max-width: 991px){\r\n\t\t#toc.sticky{\r\n\/* \t\t\ttop: 104px; *\/\r\n\t\t\tbottom: 0px;\r\n\t\t}\r\n\t\t\r\n\t\t#toc{\r\n\t\t\twidth: unset !important;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width: 767px){\r\n\t\t#toc{\r\n\t\t\twidth: 100% !important;\r\n\t\t\tdisplay: inline-block;\r\n\t\t}\r\n\t\t\r\n\t\t#toc.sticky{\r\n\t\t\twidth: 84% !important;\r\n\/* \t\t\ttop: 81px; *\/\r\n\t\t\tbottom: 60px;\r\n\t\t\tmargin-left: auto;\r\n\t\t\tmargin-right: auto;\r\n\t\t\tpadding: 0 16px;\r\n\/* \t\t\tright: 5%; *\/\r\n\t\t}\r\n\t}\r\n<\/style>\r\n\r\n<style>\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc > li > ul {padding-left: 20px;margin-bottom: 0;}\r\n\t#list_toc{height:max-content;transition:ease-in-out}\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc_float li.active > a {color:#b1252d;background: #ffe1e3;}\r\n\t#list_toc_float li a {padding:3px 7px}\r\n\t#list_toc_float li a {\r\n\t\tdisplay: block;\r\n\t\tcolor:#000;\r\n\t\tmargin-bottom: 10px;\r\n\t\ttransition:all 0.2s ease-in-out;\r\n\t\tfont-size:15px\r\n\t}\r\n\t#list_toc_float li{list-style:none;list-style-position:inside; margin-left:0;}\r\n\t#list_toc_float a:hover{color:#b1252d;}\r\n\t\r\n\t#list_toc_float li a{margin-bottom:0px}\r\n\t#toc_group_float{\r\n\t\tline-height: 24px;\r\n\t\tmax-height: calc(100vh - 100px);\r\n\t\toverflow: auto;\r\n\t\tz-index: 99;\r\n\t\tdisplay:none!important;\r\n\t\tbackground:#fff;\r\n\t\ttransition:all 0.5s linear\r\n\t}\r\n\t\r\n\t@media (min-width:1019px){\r\n\t\t#toc_group_float {\r\n\t\t\tdisplay:block!important;\r\n\t\t\t}\r\n\t\t\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width:768px){\r\n\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t \/* custom scrollbar style *\/\r\n::-webkit-scrollbar {\r\n    width: 7px;\r\n}\r\n::-webkit-scrollbar-track {\r\n    background: #d7a2a4;\r\n}\r\n::-webkit-scrollbar-thumb {\r\n    background: #b1252d;\r\n    border-radius: 15px;\r\n}\t\t\r\n\r\n<\/style>\r\n\r\n<script>\r\n\tdocument.addEventListener('DOMContentLoaded', function() {\r\n\t\t\/\/ Function to handle click on all <a> elements with href starting with #\r\n\t\tfunction handleTitleClick(event) {\r\n\t\t\tevent.preventDefault();\r\n\t\t\tconst targetId = this.getAttribute('href').substring(1);\r\n\t\t\tconst targetElement = document.getElementById(targetId);\r\n\r\n\t\t\tif (targetElement) {\r\n\t\t\t\tconst headerHeight = document.querySelector('#toc .header').offsetHeight;\r\n\t\t\t\tconst navbarHeight = document.getElementById('tdi_34') ? document.getElementById('tdi_34').offsetHeight : 0;\r\n\t\t\t\tconst windowHeight = window.innerHeight;\r\n\t\t\t\tconst targetOffset = targetElement.offsetTop;\r\n\t\t\t\tconst scrollTo = targetOffset + (windowHeight \/ 2) + (headerHeight) - navbarHeight - 40;\r\n\r\n\t\t\t\twindow.scrollTo({\r\n\t\t\t\t\ttop: scrollTo,\r\n\t\t\t\t\tbehavior: 'smooth'\r\n\t\t\t\t});\r\n\t\t\t}\r\n\t\t}\r\n\r\n\t\t\/\/ Add event listener for all <a> elements in toc-list and list-toc\r\n\t\tconst titleLinks = document.querySelectorAll('#toc-list a, #list_toc a');\r\n\t\ttitleLinks.forEach(link => {\r\n\t\t\tlink.addEventListener('click', handleTitleClick);\r\n\t\t});\r\n\t});\r\n<\/script>\r\n\r\n<!-- ToC List for mobile -->\r\n<script>\r\n \/\/ Generate TOC based on headings\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  \/\/ Get the element that will contain the TOC\r\n  const tocList = document.getElementById('toc-list');\r\n\r\n  \/\/ Get the element with class 'td-post-content'\r\n  const article = document.querySelector('.td-post-content');\r\n\r\n  \/\/ Find all h2 elements within the article\r\n  const headers = article.getElementsByTagName('h2');\r\n\r\n  \/\/ Loop through the h2 elements and create a list item for each one\r\n  for (let i = 0; i < headers.length; i++) {\r\n    const header = headers[i];\r\n    const headerText = header.textContent;\r\n\/\/     const headerId = 'header-' + i;\r\n    const headerId = headerText\r\n    .toLowerCase()\r\n    .trim()\r\n    .replace(\/[^\\w\\s-]\/g, '')  \/\/ hapus tanda baca\r\n    .replace(\/\\s+\/g, '-'); \/\/ ganti spasi jadi \"-\"\r\n\r\n    \/\/ Set an ID for the header if it doesn't have one\r\n    header.setAttribute('id', headerId);\r\n\r\n    \/\/ Create a list item for the TOC\r\n    const listItem = document.createElement('li');\r\n\r\n    \/\/ Create a link for the list item\r\n    const link = document.createElement('a');\r\n    link.setAttribute('href', '#' + headerId);\r\n    link.textContent = headerText;\r\n\r\n    \/\/ Append the link to the list item\r\n    listItem.appendChild(link);\r\n\r\n    \/\/ Append the list item to the TOC list\r\n    tocList.appendChild(listItem);\r\n  }\r\n});\r\n\r\n\/\/ Keep height and placement of content using placeholder in place of TOC\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const placeholderToc = document.querySelector('#placeholder-toc');\r\n\r\n  function setPlaceholderHeight() {\r\n    placeholderToc.style.height = `${toc.offsetHeight}px`;\r\n  }\r\n\r\n  \/\/ Set the initial height of the placeholder\r\n  setPlaceholderHeight();\r\n\r\n  \/\/ Update the height on window resize\r\n  window.addEventListener('resize', setPlaceholderHeight);\r\n});\r\n  const tocTitle = document.querySelector('#toc-title');\r\n\r\n\/\/ Sticky TOC and update heading\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const footer = document.querySelector('.td-footer-template-wrap');\r\n  const tocParent = toc.parentElement;\r\n  const divTop = tocParent.getBoundingClientRect().top + window.pageYOffset;\r\n  const tocHeight = toc.offsetHeight;\r\n  const triggerPoint = divTop + tocHeight + 700;\r\n  const footerHeight = footer.offsetHeight;\r\n  const triggerFooterPoint = footer.getBoundingClientRect().top + window.pageYOffset - footerHeight - footerHeight - footerHeight;\r\n  const phtoc = document.querySelector('#placeholder-toc');\r\n  const headers = document.querySelectorAll('.td-post-content h2');\r\n  const navLinks = document.querySelectorAll('#toc-list a');\r\n\t\r\n\tconst panel2 = document.querySelector(\"#toc .list\");\r\n\tvar icon = document.querySelector(\".toc-icon\");\r\n\r\n  let activeLink = null; \/\/ Declare activeLink outside the loop\r\n\t\r\n  \/\/ Function to handle scroll and add\/remove .sticky class\r\n  function handleScroll() {\r\n    const windowTop = window.pageYOffset || document.documentElement.scrollTop;\r\n    let currentHeader = '';\r\n\r\n    \/\/ Highlight user progress as the heading comes\r\n    headers.forEach(header => {\r\n\t\tconst headerTop = header.offsetTop;\r\n\t\tconst headerHeight = header.clientHeight;\r\n\t\tif(window.innerWidth < 767){\r\n\t\t\ttocTitle.textContent = 'Table of Contents'; \/\/ Selalu pertahankan judul ini di mobile\r\n\t\t} else {\r\n\t\t\tif (window.scrollY >= (headerTop - headerHeight + 700)) {\r\n\t\t\t\tconst currentHeaderId = header.getAttribute('id');\r\n\t\t\t\tconst currentHeaderText = document.getElementById(currentHeaderId).textContent;\r\n\t\t\t\ttocTitle.textContent = currentHeaderText;\r\n\t\t\t\tcurrentHeader = currentHeaderId;\r\n\t\t\t}\r\n\t\t}\r\n\t});\r\n\r\n    navLinks.forEach(link => {\r\n      link.classList.remove('active');\r\n      if(currentHeader != '') {\r\n\t\t  if (link.getAttribute('href').includes(currentHeader)) {\r\n\t\t\t  link.classList.add('active');\r\n\t\t  }\r\n\t  }\r\n    });\r\n\r\n    \/\/ Update TOC title if sticky\r\n    if (windowTop > triggerPoint) {\r\n      if (!toc.classList.contains('sticky')) {\r\n        phtoc.style.display = \"block\";\r\n        toc.classList.add('sticky');\r\n        toc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n        toc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n        toc.style.backgroundColor = \"#FFF\";\r\n\t\tpanel2.style.height = '0px';\r\n\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t  if(window.innerWidth < 767){\r\n\t\t\t  tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n       \t\t  toc.style.width = '150px'; \/\/ Set width to match the parent element\r\n\t\t  }\r\n      }\r\n      if (currentHeader) {\r\n        tocTitle.textContent = activeLink ? activeLink.textContent : \"\"; \/\/ Update title only if activeLink exists\r\n      }\r\n    } else {\r\n      toc.classList.remove('sticky');\r\n      phtoc.style.display = \"none\";\r\n      toc.style.width = 'unset'; \/\/ Reset to original width\r\n      toc.style.backgroundColor = \"#FFF\";\r\n      tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n\t\tpanel2.style.height = panel2.scrollHeight + \"px\";\r\n\t\ticon.style.transform = \"rotate(180deg)\";\r\n    }\r\n  }\r\n\r\n    \/\/ Attach the scroll event listener to the window\r\n    window.addEventListener('scroll', handleScroll);\r\n\r\n    \/\/ Initial call to handleScroll to set the correct state on load\r\n    handleScroll();\r\n});\r\n\t\r\n\t\/\/ Open toggle TOC\r\n\t  document.addEventListener(\"DOMContentLoaded\", function() {\r\n\t\tvar tocHeader = document.querySelector(\"#toc .header\");\r\n\t\tvar toc = document.querySelector(\"#toc\");\r\n\t\tvar icon = document.querySelector(\".toc-icon\");\r\n\t\tconst tocTitle = document.querySelector('#toc-title');\r\n\t\tconst tocs = document.querySelector('#toc.sticky');\r\n \t\tconst tocParent = toc.parentElement;\t\t  \r\n\r\n\t\t  tocHeader.addEventListener(\"click\", function() {\r\n\t\t\tvar panel = this.nextElementSibling;\r\n\t\t\tif (panel.style.height !== '0px') { \/\/ Check if height is not 0px\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t\tif(window.innerWidth > 768){\r\n\t\t\t\t\tif(!toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = \"unset\";\r\n\t\t\t\t\t}\r\n\t\t\t\t\tif (toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = '${tocParent.offsetWidth}px';\r\n\t\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t\t}\r\n\t\t\t\t}\r\n\t\t\t\tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = \"unset\"; \/\/ Reset width\r\n\t\t\t\t}\r\n\t\t\t\ttoc.style.backgroundColor = \"#FFF1F1\";\r\n\t\t\t} else {\r\n\t\t\t  panel.style.height = panel.scrollHeight + \"px\";\r\n\t\t\t  icon.style.transform = \"rotate(0deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t  tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n\t\t\t\ttoc.style.paddingBottom = '24px';\r\n\t\t\t \tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t}\r\n\t\t\t}\r\n\t\t  });\r\n\r\n\t\t  \/\/ Close TOC when a link inside it is clicked\r\n\t\t  var tocLinks = document.querySelectorAll(\"#toc .list a\");\r\n\t\t  tocLinks.forEach(function(link) {\r\n\t\t\tlink.addEventListener(\"click\", function() {\r\n\t\t\t  var panel = document.querySelector(\"#toc .list\");\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t});\r\n\t\t  });\r\n\t\t});\r\n\t\r\n\/\/ \tmake the heading at the center of the viewport\r\n\/\/ \tdocument.addEventListener('DOMContentLoaded', function() {\r\n\/\/     \/\/ Add click event listener to all links in the TOC list\r\n\/\/     document.querySelectorAll('#toc-list a').forEach(anchor => {\r\n\/\/         anchor.addEventListener('click', function (e) {\r\n\/\/             e.preventDefault(); \/\/ Prevent the default behavior of jumping to the anchor\r\n\/\/             const targetId = this.getAttribute('href').substring(1); \/\/ Get the ID of the target element\r\n\/\/             const targetElement = document.getElementById(targetId); \/\/ Get the target element\r\n\r\n\/\/             if (targetElement) 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document.getElementById(elementId);\r\n\t\t\tif (element) {\r\n\t\t\t\tconst offset = getNavbarHeight();\r\n\t\t\t\tconst elementPosition = element.getBoundingClientRect().top;\r\n\t\t\t\tconst offsetPosition = elementPosition - offset - 40;\r\n\r\n\t\t\t\twindow.scrollBy({\r\n\t\t\t\t\ttop: offsetPosition,\r\n\t\t\t\t\tbehavior: 'smooth'\r\n\t\t\t\t});\r\n\t\t\t}\r\n\t\t}\r\n\r\n\t\t\/\/ Function to handle title link click\r\n\t\tfunction handleTitleClick(event) {\r\n\t\t\tevent.preventDefault();\r\n\t\t\tconst href = event.target.getAttribute('href').substr(1);\r\n\t\t\tscrollToElementWithOffset(href);\r\n\t\t}\r\n\r\n\t\t\/\/ Add event listener for all title links\r\n\t\tconst titleLinks = document.querySelectorAll('a[href^=\"#\"]');\r\n\t\ttitleLinks.forEach(link => {\r\n\t\t\tlink.addEventListener('click', handleTitleClick);\r\n\t\t});\r\n\t});\r\n    <\/script> -->\r\n\n<p><span data-sheets-root=\"1\"><a href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/?medium=free-product-tour\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-demo-gratis.webp\" data-desktop-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-demo-gratis.webp\" data-mobile-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/mobile-bir-demo-gratis.webp\" alt=\"FreeDemo\" class=\"responsive-image-banner\" width=\"620\" height=\"255\"><\/a>\r\n\r\n<script>\r\n    \/\/ check which image to use based on screensize\r\n    document.addEventListener(\"DOMContentLoaded\", function() {\r\n        function updateImageSource() {\r\n            var images = document.querySelectorAll('.responsive-image-banner');\r\n            var screenWidth = window.innerWidth;\r\n\r\n            images.forEach(function(img) {\r\n                var mobileSrc = img.getAttribute('data-mobile-src');\r\n                var desktopSrc = img.getAttribute('data-desktop-src');\r\n\r\n                if (screenWidth < 576 && mobileSrc) {\r\n                    img.setAttribute('src', mobileSrc);\r\n                } else {\r\n                    img.setAttribute('src', desktopSrc);\r\n                }\r\n            });\r\n        }\r\n\r\n        \/\/ Initial check\r\n        updateImageSource();\r\n\r\n        \/\/ Update on resize\r\n        window.addEventListener('resize', updateImageSource);\r\n    });\r\n<\/script><\/span><\/p>\n<table style=\"border-collapse: coacllapse;background-color: #fffacd;border-radius: 25px 25px 25px 25px\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"padding: 15px;border: none\">\n<h3 style=\"margin-bottom: 10px\"><span style=\"background-color: #990000;color: #ffffff;padding: 5px\"><b>Key Takeaways<\/b><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><b>Effective Inventory Management<\/b><span style=\"font-weight: 400\">: Addressing slow-moving inventory is crucial. Proper warehouse management and regular tracking help prevent overstocking and reduce wasted resources.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Utilize Inventory Management Software<\/b><span style=\"font-weight: 400\">: Advanced tools like HashMicro\u2019s software can provide precise stock forecasts, streamline <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/inventory-control\/\">inventory control<\/a>, and offer visual insights for better decision-making.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Optimize Marketing and Sales Strategies<\/b><span style=\"font-weight: 400\">: Align marketing efforts with inventory levels, use multiple sales tactics, and update product displays to attract and retain customers effectively.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Leverage Bundling Techniques<\/b><span style=\"font-weight: 400\">: Combine slow-moving items with popular products in bundles to boost sales and clear excess inventory. This strategy provides value to customers and helps manage stock more efficiently.<\/span><\/li>\n<\/ul>\n<p><span data-sheets-root=\"1\"><style>\r\n.button-cta-custom {\r\n    background-color: #8a0e19;\r\n    color: #fff !important;\r\n    -webkit-transition: all .3s ease;\r\n    transition: all .3s ease;\r\n    padding: 8px 24px;\r\n    display: inline-block;\r\n    border-radius: 8px;\r\n    font-size: 16px;\r\n    font-weight: bold;\r\n}\r\n.button-cta-custom:hover{\r\n\tbackground-color:#991b26\t\t\r\n}\r\n<\/style>\r\n<a class=\"button-cta-custom\" href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/?medium=cta-button\" target=\"_blank\">Click Here to Get the Free Demo!<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>1. Maximize Your Marketing Strategy<\/b><\/h2>\n<p><span style=\"font-weight: 400\"><img decoding=\"async\" class=\"aligncenter wp-image-19551 size-full\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory.webp\" alt=\"slow moving inventory\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><span style=\"font-weight: 400\">To maximize your marketing strategy, start by assessing your current efforts. Determine which strategies are working well and which aren\u2019t. You might find that you\u2019re not reaching your target audience effectively or that your product displays on your e-commerce site need improvement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition, consider using <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/cloud-inventory-management-software-philippines\/\">cloud inventory management<\/a> software to better align your marketing efforts with your stock levels. Review and update your product photos to make them more appealing. This can attract more potential buyers and improve your overall marketing effectiveness.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Once your product photos are updated, re-market them through social media, email campaigns, or the Google Display Network. Furthermore, utilize creative content to re-target users who previously viewed your products but didn\u2019t purchase. This approach can help you reach interested buyers and boost sales.<\/span><\/p>\n<h2><b>2. Try to Use Multiple Sales Tactics<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Moreover, incorporate a variety of sales tactics to enhance your marketing impact. Utilize different channels such as social media, email, and online ads to reach a wider audience. This multi-channel approach ensures you capture potential buyers from various sources.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, leverage data to refine your sales tactics. Analyze customer behavior and engagement to tailor your messaging and offers more effectively. Understanding your audience\u2019s preferences allows you to optimize your sales strategies for better results.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Continuously test and adjust your sales methods. Experiment with different promotional messages, visuals, and offers to see what resonates best with your audience. Regularly updating your tactics keeps your marketing fresh and relevant, driving improved outcomes over time.<\/span><\/p>\n<h2><b>3. Transform Store Displays<\/b><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-19553 size-full\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1.webp\" alt=\"slow moving inventory\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/slow-moving-inventory-1-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><span style=\"font-weight: 400\">To continue, changing your store displays can attract more customers. For instance, keep your displays fresh and updated to make shopping more interesting. Eye-catching setups can grab attention and encourage people to look around.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, show off key products and deal with clear displays. Use signs and arrange items to highlight your best products or special offers. Neat and appealing displays help customers find and buy what they want.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition, add interactive features to make shopping more engaging. Things like digital screens or product demos can draw in customers. These elements make the shopping experience more fun and help build a connection with your brand.<\/span><\/p>\n<h2><b>4. Bundle Products<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Another effective strategy is to bundle slow-moving products with popular items. Often, shoppers are often drawn to bundles because they offer better value than buying products individually.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Product bundles appeal to consumers as they usually cost less than buying items separately. By combining high-margin products with lower-margin ones can boost overall sales.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For instance, if you have many slow-moving items, consider packaging them together at a discounted price. This approach can make the bundle more attractive and help clear out excess inventory more quickly.<\/span><\/p>\n<h2><b>5. Optimize Inventory Management<\/b><\/h2>\n<p><b><img decoding=\"async\" class=\"aligncenter wp-image-19552 size-full\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1.webp\" alt=\"moving inventory\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/09\/moving-inventory-1-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/b><\/p>\n<p><span style=\"font-weight: 400\">Moreover, some businesses in the Philippines often overlook their warehouses, leading to <a href=\"https:\/\/www.joams.com\/2024\/JOAMS-V12N2-75.pdf\">overstocking<\/a> and wasted resources. This overstocking habit results in excess inventory that\u2019s costly to manage.\u00a0<\/span><\/p>\n<p>By integrating warehouse management into your business strategy, you align inventory with actual customer demand. Regularly tracking inventory\u2014supported by <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/hml-analysis\/\">HML analysis<\/a> (High, Medium, Low value classification)\u2014is essential to avoid holding slow-moving items too long and to prioritize control over high-value stock.<\/p>\n<p><span style=\"font-weight: 400\">As a result, unsold stock can become damaged and unsellable over time.\u00a0<\/span><span style=\"font-weight: 400\">Periodical checks help identify slow-moving items and enable timely action to manage them. Inventory management software simplifies control and forecasts customer demand accurately. Using <a href=\"\/ph\/blog\/manufacturing-inventory-software\/\">manufacturing inventory software<\/a> also helps maintain optimal stock turnover.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It reveals which products sell well and which don\u2019t, allowing you to adjust stock levels. An <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/inventory-report\/\">inventory report<\/a> can help you analyze trends and make informed decisions to optimize stock management, prevent unnecessary procurement, and keep your inventory in check.<\/span><\/p>\n<p><strong>Read More: <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/top-construction-inventory-management-software\/\">Top Construction Inventory Management Software<\/a><\/strong><\/p>\n<h2><b>Introducing Stock Forecasting with HashMicro<\/b><\/h2>\n<p><span style=\"font-weight: 400\">HashMicro is well known as a software provider of Entrepreneur Resource Planning Management system which caters to various business processes including accounting, sales, production and inventory in one single system.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">HashMicro\u2019s <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/inventory-management-system\/\">Inventory Management System<\/a> provides precise stock forecasts by analyzing historical sales data. This enables businesses to plan inventory levels accurately, avoiding overstocking and stockouts. Accurate forecasting helps streamline inventory management and optimize stock availability.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, the software visualizes future stock needs through easy-to-read graphs. This simplifies decision-making and helps businesses maintain optimal inventory levels. Clear visual insights support effective stock planning and management.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Automated restocking recommendations based on sales data reduce manual adjustments. This ensures inventory levels align with actual demand, minimizing excess stock and shortages. Improved planning enhances efficiency and customer satisfaction.<\/span><\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400\">In conclusion, addressing slow-moving inventory is essential for Filipino businesses to stay competitive. By effectively managing your warehouse and aligning inventory with customer demand, you can prevent overstocking and minimize wasted resources. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Ultimately, regular tracking and strategic adjustments will help you keep your inventory under control and optimize your operations. <\/span><span style=\"font-weight: 400\">One effective solution is to streamline inventory management is by utilizing advanced inventory management software. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Tools like HashMicro\u2019s <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/best-inventory-management-software\/\"><span data-sheets-root=\"1\">inventory platforms used locally<\/span><\/a>\u00a0offer comprehensive solutions to monitor stock levels, forecast demand, and manage slow-moving items efficiently. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Explore how HashMicro\u2019s software can help your business overcome these challenges and improve overall efficiency. Discover more about tailored solutions and start optimizing your inventory today by clicking the banner below for a <a href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/\">free demo<\/a>.<\/span><\/p>\n<h2><strong>FAQ on Slow-moving inventory<\/strong><\/h2>\n<ul>\n<li>\n<details open=\"open\">\n<summary><strong>How is slow-moving inventory classified?<\/strong><\/summary>\n<p>Slow-moving inventory is classified based on its turnover rate and sales performance. Typically, it includes items that sell at a slower rate than expected, leading to longer periods of time on the shelves or in storage. Classification can be done using various criteria, such as the number of units sold over a specific period, inventory turnover ratios, or age of the inventory. For instance, inventory that hasn\u2019t sold for several months or exceeds a certain threshold of days on hand may be categorized as slow-moving.<\/p>\n<\/details>\n<\/li>\n<li>\n<details open=\"open\">\n<summary><strong>How does slow-moving stock differ from deadstock?<\/strong><\/summary>\n<p>Slow-moving stock and deadstock are related but distinct concepts. Slow-moving stock refers to inventory that sells at a slower pace than anticipated but is still sellable and has potential for future sales. Deadstock, on the other hand, consists of items that are no longer sellable or in demand, often because they are obsolete or have become outdated. In essence, while slow-moving stock might still be viable with proper management, deadstock typically requires more drastic measures, such as clearance sales or write-offs.<\/p>\n<\/details>\n<\/li>\n<li>\n<details open=\"open\">\n<summary><strong>Can you provide examples of slow-moving products?<\/strong><\/summary>\n<p>Examples of slow-moving products include seasonal items like winter coats in a tropical climate, specialized products such as high-end electronics with rapidly changing technology, and overstocks from promotions or discontinued lines with limited future sales potential.<\/p>\n<\/details>\n<\/li>\n<li>\n<details open=\"open\">\n<summary><strong>What is the accounting treatment for slow-moving inventory?<\/strong><\/summary>\n<p>The accounting treatment for slow-moving inventory involves several key actions:<\/p>\n<p>a. <strong>Adjust the carrying value<\/strong>: Businesses must adjust the carrying value of slow-moving inventory to reflect its net realizable value. This value is calculated as the estimated selling price minus any costs associated with selling the inventory. Adjusting the carrying value is essential to account for potential losses from items that may not sell at their original cost.<\/p>\n<p>b. <strong>Create an Inventory Reserve or Allowance<\/strong>: Companies should establish an inventory reserve or allowance for slow-moving items. This reserve acts as a buffer to cover potential future losses from inventory that may not be sold at its carrying value. The reserve is recorded as a liability on the balance sheet and an expense on the income statement, helping to reflect the financial impact of these potential losses.<\/p>\n<p>c. <strong>Conduct Regular Inventory Reviews<\/strong>: Regular reviews of inventory are crucial for identifying slow-moving items and assessing their impact on overall inventory value. These reviews help businesses update their inventory records and financial statements to accurately reflect the current value and risks associated with the inventory. This ongoing assessment ensures that financial reports provide a true picture of inventory value and potential losses.<\/p>\n<\/details>\n<\/li>\n<li>\n<details open=\"open\">\n<summary><strong>What is a slow-moving inventory reserve?<\/strong><\/summary>\n<p>A slow-moving inventory reserve is a financial provision set aside to account for potential losses or write-downs associated with slow-moving inventory. Specifically, it reflects the estimated value of inventory that may not sell within the normal sales cycle, allowing businesses to prepare for possible depreciation or obsolescence. In practice, this reserve helps manage the financial impact of holding slow-moving inventory and ensures that financial statements accurately reflect the potential risk associated with such items.<\/p>\n<\/details>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A Filipino proverb once said, &#8220;Kapag may isinuksok, may madudukot&#8221; (if you save something for later, you will have something to pull out). This saying highlights the importance of balancing resources to ensure you have something reliable when needed. For example, a local retailer with shelves full of winter coats in a tropical country. These [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":17949,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-8259","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-inventory"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Optimizing Slow-Moving Inventory for Filipino Business Success<\/title>\n<meta name=\"description\" content=\"Transform slow moving inventory into growth with effective management by using HashMicro\u2019s inventory software Philippines.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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