Reducing surplus
Description
Reducing surplus involves systematically identifying and minimizing excess production, inventory, or resources to prevent waste and inefficiency. This strategy targets overproduction, unsold goods, and redundant assets by implementing demand forecasting, inventory management, and redistribution mechanisms. Its practical intent is to optimize resource use, lower costs, and mitigate environmental impacts, while ensuring that surplus items are repurposed, recycled, or redirected to areas of need, thereby addressing both economic and social inefficiencies.
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Facilitates
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Commerce » Merchandise
Content quality
Yet to rate
Language
English
1A4N
J7065
DOCID
12070650
D7NID
203830
Editing link
Official link
Last update
Dec 3, 2024