SLOB
Inventory Management
SLOB (Slow-Moving and Obsolete Inventory)
Slow-Moving and Obsolete Inventory
Combined category of inventory with low movement or no future economic use.
Examples
- 01The year-end review finds EUR 1.1 million of SLOB, mainly spare parts for old machines and unused packaging.
- 02Finance and the material planner review SLOB by item class every quarter and set aside money for likely write-offs.
- 03A clear SLOB process with sales offers and scrapping decisions reduces it by 35 % in one year.