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Mining

Mining

AI to Reduce Excess & Obsolete Inventory for Mining

The short answer

To reduce excess and obsolete inventory, identify slow movers and dead stock across every location, redistribute what another branch needs, and monetize the rest at fair market value. Maintained ranks every SKU by risk and value and recommends the highest-recovery action — you approve it.

Last updated September 2026

The problem in mining

Remote, capital-heavy operations where idle equipment and spares tie up cash far from any resale channel. Slow movers and dead stock pile up across branches, quietly costing about a quarter of their value every year while nobody decides what to do with them.

How Maintained gets the outcome

  • Surface slow-moving, excess, and obsolete SKUs across all branches in one view
  • Redistribute stock to the branch that actually needs it before buying new
  • Price and monetize true dead stock at fair market value
  • Right-size reorder points so excess stops rebuilding

The numbers behind it

~25% / year
Excess and obsolete inventory costs the typical distributor about 25% of its value every year in storage, shrinkage, and cost of capital.
Industrial Supply Magazine
20–30% / year
Inventory carrying cost typically runs 20–30% of inventory value per year (often 25–40% for wholesale distributors).
Institute for Supply Management (via NetSuite)
20–30%
AI-driven optimization can cut inventory 20–30% while holding service levels, and reduce forecasting error up to 50%.
Epicor / MDM

Frequently asked questions

Who owns reduce excess inventory in Mining?

Usually the CFO & VP Finance, VP & Director of Supply Chain, MRO & Inventory Manager, Chief Digital & Transformation Officer, Plant & Site Manager and VP & Director of Operations. Between them they are measured on Cash conversion cycle, Days sales of inventory, Working-capital-to-sales, Write-down reserve and ROIC, so the case has to hold up in operations and finance terms at the same time. Clear the graveyard aisle and stop the write-offs.

How is progress measured, and where do the numbers come from?

Progress shows up in E&O reserve, Turns and Inventory Carrying Cost. Mining has published benchmark ranges for Turns, each cited to an industry source on its own benchmark page.

See what your inventory is really costing you.

Tell us where the cash is trapped — excess stock, idle surplus, slow RFQs — and we'll show you the outcome Maintained can unlock.

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