Gary C. Smith

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Gary C. Smith is the president of NAEIR (www.naeir.org). Since NAEIR’s founding in 1977, it has collected and redistributed over $3 billion worth of new, donated supplies and equipment. Over 7,000 corporations across the United States have donated merchandise to NAEIR to support schools, nonprofits and charitable organizations while at the same time taking advantage of tax deductions and reducing storage costs.

Nine inventory management mistakes—and one easy solution

Managing excess inventory is a challenge in even the most efficient organizations. Overage issues can drain profitability and take your focus away from core business priorities. When faced with excess inventory, many companies try the following common—though misguided—strategies. But there’s one solution you may not have tried.
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