Inventory Mate Ideas

Implement a feature designed to identify and manage excess and obsolete inventory, minimizing financial impact and optimizing warehouse space. This tool should analyze inventory levels, sales trends, and product life cycles to flag items at risk of becoming obsolete. By providing actionable insights and recommendations, the feature will assist in reducing carrying costs and facilitating strategic decisions on inventory disposition, including markdowns, donations, or recycling options. The goal is to enhance inventory efficiency and reduce waste.