Dead Stock and Expired Goods Are Silent Profit Killers
Every business has slow-moving stock that's been sitting for 3, 6, or 12 months. Every pharmacy has medicines approaching expiry. Every FMCG retailer has products nearing their best-before date. Without a system, you discover these only when it's too late — when the goods are unsaleable and must be written off.
ERP software with stock aging and expiry tracking identifies at-risk inventory months in advance — giving you time to act before loss becomes inevitable.
💰 Average Loss: Retail businesses in India lose 3–7% of annual inventory value to dead stock and expired goods. ERP reduces this to under 0.5%.
Stock Aging Reports in ERP
A stock aging report shows how long each item has been in your inventory:
| Age Category | Action Required |
|---|---|
| 0–30 days | Normal — monitor only |
| 31–60 days | Watch — check sales velocity |
| 61–90 days | Alert — plan promotion or discount |
| 90+ days | Danger — urgent action required before write-off |
ERP generates this report automatically for your entire inventory — with options to filter by category, supplier, or location.
Expiry Date Tracking in ERP
For pharmacies, food & FMCG, and consumables, expiry date tracking is critical. ERP handles this through batch management:
- Each stock entry records batch number and expiry date
- ERP follows FEFO (First Expiry, First Out) — automatically selling oldest stock first
- Expiry alerts fire 30, 60, or 90 days before expiry — configurable per product category
- Near-expiry stock report enables timely returns to distributors
Actions You Can Take with ERP Expiry Data
Return Near-Expiry Stock
Most suppliers accept returns of near-expiry goods (usually 3–6 months before expiry). ERP identifies these in advance, giving you time to raise a return request before the return window closes.
Run Targeted Promotions
Discount or bundle slow-moving or near-expiry stock before it becomes unsaleable. ERP shows which items, how many, and when they expire — so you can design effective promotions.
Adjust Purchasing
If certain items consistently show in the aging report, reduce purchase quantities. ERP data makes this adjustment evidence-based rather than guesswork.
MILAAN ERP Stock Aging & Expiry Features
- Age-wise stock report (30/60/90/90+ days)
- Batch-wise expiry tracking
- FEFO selling enforced during billing
- Configurable expiry alerts
- Near-expiry stock return management
- Dead stock write-off with accounting entries
Stop Losing Money to Expired Stock!
Book a FREE MILAAN ERP demo and see how expiry tracking protects your profits.