Fixing Stranded Inventory: A Guide to Help You Recover From A Disaster

Things happen, and sometimes they happen suddenly. If you are a small business owner, you know all too well what that feels like. One day everything is running smoothly, and the next day disaster strikes. You wake up to a flooded basement or find that your inventory has been stolen. You don’t know where to start and no one seems to be able to help you. If this sounds like a familiar story, then you need to read this article. It will tell you how to recover from a disaster and fix stranded inventory.

What is stranded inventory?

Stranded inventory is inventory that is unusable because of a disaster that happened. It can include inventory that was ruined by a fire, flood, or natural disaster. If your business is in the process of launching, you may also have some stranded inventory. In order to recover from a disaster and get your business back up and running, you need to know how to fix stranded inventory.

Repairing stranded inventory entails locating the source of the problem and taking action to fix it. The following are typical actions you can take to fix stranded inventory:

• Verify your stock levels: Ensure sure your merchandise is well stocked, correctly labelled, and kept in Amazon’s fulfillment facilities.
• Inspect your product listings: Make sure your product listings are correct and current by checking them twice. Verify sure there are no mistakes or contradictions and that your listings correspond to your actual inventory.
• Fix any listing issues: Update your listings if you find any listing issues, such as inaccurate product information or photographs.

What to do when your inventory is stranded?           

In the event of a disaster, your business can be left stranded with inventory that cannot be sold. While it is important to maintain a sense of calm throughout the crisis, it is also important to know what to do in order to recover from the disaster. Here are some steps you can take to ensure your business will be able to sell their stranded inventory.

1. Contact the customer who bought the item in a timely manner.
2. Make sure to have a plan in place if the customer does not want to buy the item.
3. Inform the customer that the item will be available for purchase on the website.
4. Make sure to have a strategy for re-selling the item.

What to do when your inventory is stolen?

When your inventory is stolen, it can be difficult to recover from. If you have a warehouse or store, you can always replace the missing items. But for a small business, it can be very expensive to replace your inventory. It is essential to know what to do in order to recover from a disaster and ensure that you are able to move forward.

1. Contact your insurance company.
2. Get a police report.
3. Get a letter from your bank.
4. Get a letter from the bank or store you sold to.
5. Get a letter from the customer who bought your stolen inventory.
6. If you can contact the person who stole your inventory, you can try to get some of your money back.