"Unlike fine wine, most inventory doesn’t get better with age — it gets costlier."
Effective stock management is the backbone of any successful business that deals with inventory. Without a clear understanding of how long products have been sitting on the shelves or in the warehouse, businesses risk overstocking, understocking, or mismanaging capital.
Some assets do become more valuable with time — vintage wine, aged whiskey, classic cars, luxury watches, and fine art. But inventory? That’s a different story. For most products, aging leads to hidden costs, cash flow issues, and operational inefficiencies. This is where the Inventory Aging Report becomes a vital tool.
An Inventory Aging Report categorizes inventory based on how long each item has been in stock. It typically breaks inventory down into aging buckets such as:
1–20 Days
21–60 Days
61–90 Days
90+ Days
This report gives businesses a crystal-clear view of how long their stock has been sitting in the warehouse, enabling them to decide when to move, discount, or liquidate stagnant items.
Aging inventory can quietly drain your resources. Here’s how this report can transform your stock management:
Inventory that sits too long ties up capital and incurs storage costs. The aging report highlights slow-moving items so you can take action — such as discounts or promotions — to free up cash and reduce waste.
The report provides insight into stock movement trends. Businesses can adjust purchasing decisions to match real demand, avoiding overstocking low-sellers or running out of fast-moving items.
Products that linger in inventory too long run the risk of becoming outdated or unsellable. Aging reports help you act before it’s too late — markdown, bundle, or return to the supplier.
If a product sits unsold for 90+ days, it’s time to rethink your strategy. Aging data helps you make data-driven calls on pricing, marketing, product lines, and customer demand.
Prioritize fast-moving items and reduce time spent on low-velocity inventory. With improved turnover and fewer dead items, your warehouse becomes leaner and more efficient.
A report is only as powerful as how you use it. Here’s how to maximize its impact:
Monitor Regularly: Make the report a routine part of your stock review process. Stay on top of inventory age and trends.
Align Sales & Marketing: Use aging data to drive promotions, sales campaigns, or bundling strategies to move aging stock.
Integrate with ERP: Systems like NetSuite allow automated tracking, real-time dashboards, and alerts when inventory crosses aging thresholds.
"Fine wine appreciates with age. Inventory depreciates."
This one line captures the key insight for modern inventory management. Aging reports aren’t just a snapshot — they’re a strategic weapon that can:
Boost profitability
Improve responsiveness
Reduce overhead
Free up capital
At Maayins Technologies, we specialize in helping companies make the most of their NetSuite ERP systems — including building custom Inventory Aging dashboards, automated alerts, and actionable reports tailored to your business. Whether you’re managing consumer goods, raw materials, or finished goods, we can help you gain control of aging inventory and take smarter action faster.
Don’t let your inventory sit on the shelf hoping it turns into something more valuable. Take control, stay lean, and let your data guide better decisions.
Contact Maayins today to learn how we can implement an Inventory Aging solution customized to your operations.