Slow-moving items are goods or products with a low turnover rate and are stored in the warehouse for much longer period. Due to the slowness in selling the goods, the slow-moving items are store or take space for long.
Generally, slow-moving items include the goods that are stored for more than three months and takes time to be sold. In contrast to slow-moving items, fast-moving items have a high product turnover rate and are sold very quickly.
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