Deadstock management is the practice of overseeing and controlling excess inventory that has not yet been sold. The purpose is to prevent material waste, reduce costs, and maximize profits by efficiently managing deadstock and increasing turnover. It involves regular monitoring of stock levels, as well as inventory planning and forecasting, to ensure that stocks are neither overstocked nor understocked. An effective deadstock management system can help businesses create more efficient processes, minimize loss, and move products faster through the supply chain. Ultimately, it helps companies make sound financial decisions when considering their inventory options.