That's probably a wise plan, since the costs of excess inventory are real and generally quantifiable.
"People thought they were desperate to unload excess inventory, " says Bradley Silver , CEO of Brandimensions.
The need to work off excess inventory was expected to drag on Bristol's earnings into 2003.
Buffett says he thinks the housing market could work off its excess inventory before mid-2013.
Housing is too overburdened with excess inventory and the resulting price weakness to revive any time soon.
Indeed, we do hear that some excess inventory was built during the quarter.
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But the amount of excess inventory is not as high as a lot of people think, in my judgment.
Most of the excess inventory now is gone, and what remains might not prove a drag on prices anyway.
Nike is still in the process of drawing down excess inventory in China, and saw futures orders grow 6%.
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But Sneakpeeq is not for unloading excess inventory at a big discount, in the way that some flash sales sites operate.
Lately Puma's margins have been thinning under the burden of quick expansion and excess inventory at a key vendor, Foot Locker.
But the real drivers of expansion are the giant retailers and computer makers that need a dumping ground for their excess inventory.
But is also could be a sign that WMT has some excess inventory to move, and wishes to do so before Christmas.
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During the heart of the economic slump, many retailers slashed prices in hopes of luring cash-strapped consumers and ridding themselves of excess inventory.
That allowed carmakers to sell off much of their excess inventory after sales collapsed from 13.2 million vehicles in 2008 and 16.1 million in 2007.
The furniture and decorative pieces are usually culled from excess inventory a manufacturer is willing to sell to One Kings Lane at a significant discount.
This prompted TXN to cut production and clear out excess inventory.
The wholesalers apparently bought more of the medicines than they needed, and Bristol has said it could take a year to work off the excess inventory.
The company, having sold far fewer e-readers and tablets than expected during the 2012 holiday season, is likely in need of getting rid of excess inventory.
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As a result, Ken Perkins, president of RetailMetrics, a research firm, said that some stores offered aggressive discounts to get rid of excess inventory of spring merchandise.
Greg Rosenblatt, vice president of Stark Carpet, says he has been working with One Kings Lane about five times a year to liquidate the company's excess inventory.
FBHS, a Fortune Brands spin-off that manufactures faucets, cabinets and security products, is poised to explode if the housing market chews through its excess inventory begins to recover.
For Q1, the company sees reduced sales of six-inch wafers, noting that its largest LED customer has excess inventory and will not need additional capacity until the second quarter.
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Excess inventory is the enemy of home-builders, as it means adding to the supply (their business) would only serve to further misalign supply and demand, in time lowering prices.
Even as energy prices rose and nuclear power plant capacity was boosted in the late 1990s and early 2000s, excess inventory and uranium from decommissioned Russian warheads kept prices low.
Sure, sitting on excess inventory is a costly proposition.
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Although inventory levels at our customers are in decline, there continues to be excess inventory throughout the supply chain limiting our visibility on future orders for two through four inch sapphire cores.
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Just last month, Jefferies analyst Peter Misek already cut his estimate for iPhone shipment volumes for the first quarter of 2013, saying Apple had to "balance excess inventory" by cutting orders to suppliers.
Excess inventory sold by several dozen big companies--including Home Depot, Dell Financial Services, IBM and Sharper Image--accounted for 4%-plus of gross merchandise sales in the first quarter, up from about zilch a year earlier.
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