Dead stock is estimated at 20 to 40 percent of total inventory in sectors where goods do not rotate as much - such as cosmetics - while the percentage is slightly lower for hypermarkets. "After deploying our system, it is realistic to halve the volume of dead stock. But you can't practically keep the so-called dead-stock at zero. New dead-stock is immediately created and needs to be dealt with again," says Roland Džogan, co-founder and CEO of Ydistri.
To ensure availability of offered goods in stores, shops usually order a little more. This often results in 'dead' stock or goods that are unsaleable. Czech startup Ydistri is tackling how to deal with such a problem and has now received a €2.5 million injection of funding from foreign and domestic investors to expand. This translates to more than 63 million czech crowns.