Perishable inventory refers to items a company sells that lose their value over time until they eventually are rendered worthless. Whether it's milk that turns sour, a bouquet of flowers that withers ...
The global pandemic has expanded the definition of perishable inventory. A word that once applied mainly to food and beverages, “perishable” now encompasses a broader scope of goods that, left to ...
If your business has fixed capacity, if it’s perishable, meaning that if it doesn’t sell by a certain date it’s gone forever, and if different people are willing to pay different amounts for it, ...