After major sales events including, Black Friday and Christmas, many retailers find themselves with excess inventory that needs to be cleared without disrupting their regular operations. Efficient retail logistics solutions can make this process seamless, helping businesses store, move, or distribute extra stock effectively. Join us as we share with you tips on effective retail inventory management, to ensure your regular operations aren’t disrupted.
- Palletised delivery for efficient stock movement
- Warehousing and managed storage solutions
- Amazon ICPC Services for online clearance sales
- Implement FIFO (first in, first out)
- Enable inventory visibility
1.Palletised delivery for efficient stock movement
Clearing excess inventory often requires moving large quantities of stock quickly and cost-effectively. At Kings Transport, we provide premium and next-day palletised delivery services across the UK to support your retail logistics, ensuring timely transportation of goods to warehouses, retailers, or clearance outlets. Our economy 48 & 72 hour options also provide budget-friendly alternatives for less urgent shipments.
For retailers looking to expand their clearance sales beyond the UK, we offer seamless import and export services to 29 European countries through our Palletline member network. This ensures smooth cross-border inventory clearance, while maintaining cost efficiency.
For heavier palletised goods, we provide a Lift Assist Service for pallets weighing between 751kg and 1000kg. This ensures a safer and more controlled method of transporting bulkier inventory, reducing the risk of damage or delays in delivery.
With a range of retail logistics services tailored to your needs available, we’ll help ensure businesses can clear inventory while maintaining operational efficiency.
2. Warehousing and managed storage solutions
Retailers looking for temporary storage solutions for excess stock can benefit from our specialist warehousing and storage facilities. From managed storage, palletised storage, bulk break, to pick-and-pack services, we’ve made it easy to organise and distribute stock as needed for effective retail inventory management.
3. Amazon ICPC services for online clearance sales
Retailers selling surplus stock on Amazon can use our Amazon Inbound Preferred Carrier Programme (ICPC) services. As a preferred carrier, Kings Transport consolidates and delivers palletised goods to over 20 UK Amazon sites daily, making it easier for businesses to sell excess inventory online, perfect for retail inventory management.
4. Implement FIFO (first in, first out)
Using the FIFO retail inventory management system ensures that older stock is sold first, reducing the risk of outdated or expired products. Organise warehouse storage and apply distribution strategies to prioritise older stock and maintain inventory efficiency.
5. Enable inventory visibility
Having real-time visibility into inventory levels allows retailers to track stock movements and make informed decisions.
Ensuring accurate and reliable inventory data is essential for effective stock management. Regular audits help confirm that recorded inventory levels align with actual stock. There are several methods to achieve this:
- Cycle counting: Implement a rotating schedule for counting specific inventory sections, ensuring ongoing accuracy and early issue detection.
- Physical inventory audits: Conduct periodic full stock checks to verify inventory records against physical counts.
- Spot checks: Perform random inspections of different inventory sections to quickly identify and correct discrepancies.
Effective retail logistics play a crucial role in managing and clearing excess inventory without disrupting daily operations. By leveraging services like palletised delivery, warehousing, Amazon ICPC, European exports, and Lift Assist, retailers can streamline retail inventory management and clearance efficiently.
Here at Kings Transport, we provide tailored logistics solutions to support businesses in optimising their stock management and maintaining smooth operations. If you’re interested in our services, get in touch with us today.
