The waste is in the form of obsolete inventory, buybacks, obsolete products, and misshipments. Americ'a corporate waste is larger than the entire Gross Domestic Product of some nations!
(PRWEB) November 24, 2004 -- Obsolete inventory write downs occur despite the greatest inventory controls, and supply chain tools ever available to business. It is estimated that US corporations waste 5 billion dollars per year of useable products.
Although recent innovations in software and business systems may be greatly effective, the turn" or sale of inventory is still driven by demand. Consumer preferences, marketing and the general state of the economy are variables that can be estimated, but no system nor person can be perfect in their ratios.
If any product not in great demand, even the savviest of merchandisers cannot always sell 100% of what they have in stock. Many industries face ever changing technologies, where todays hot item, is quickly replaced, and becomes yesterdays news. One look at the computer idustry confirms this, although the issue is applicable in just about every industry. From this problem, the founders of Waste to Charity saw opportunities to address poverty stricken areas of the world.
Waste to Charity (http://www.wastetocharity.org) assists companies with these inventory write downs. During this process our donors reclaim valuable storage, shelf space and man-hours, and in the end receive a generous tax deduction of up to twice the cost of the products donated. This is no tax loophole" but rather a deliberate act of congress to encourage donations of product to qualified , and deserving charities.
Waste to Charity handles donations from a wide array of business types, and has worked with computers, food, clothing, tools, fabric, machinery, automobiles, boats, and even real estate.We work hard to make sure that every offering is carefully considered, and then placed in the situiation which will give the maximum social benefit.
There is never a charge for this service, and in many instances the donor companies won't even have to pay freight or delivery charges.For more information, visit their website, http://www.wastetocharity.org
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