Product Destruction: Why You Shouldn’t Just Toss Old Inventory
When it comes to identity protection, businesses are not just responsible for protecting the personal information of their employees and customers – they are also responsible for protecting the identity of the business, or the brand.
What happens to overruns, expired materials, or customer returns? What about outdated fashion, or recalled items, or items that simply aren’t useful? While considered “trash,” these items cannot go into the literal trash; it would be like giving away your secrets, your innovation, and years of research to your competitors.
One aspect of product management that is rarely talked about is product life cycle. With software, we consistently see new releases with new features and new platforms to support.
In the fashion industry, trends come and go as the seasons change. Even if the product once fit into the company’s market strategy, a product no longer generating revenue should probably be retired. Of course there are overruns, prototypes, samples, and more. All of these items will eventually sit in a box, collecting dust, taking up necessary space that could otherwise be used to house newer, revenue-generating products. The solution? Destroy it.
Legal Shred is much more than a paper shredding company. Our company also specializes in the destruction of excess inventory, obsolete products, overruns, and other sensitive material for businesses.
We can help you protect the very essence of your brand by helping you destroy products in addition to sensitive documents, including:
Product Recall Inventory
Product with Logos
Destroying serviceable products mitigates the risk of diluting your brand. That is just good business practice.
Let Legal Shred help your business by ensuring that obsolete, expired, defective, mislabelled and all other excess products will never bring profit to thieves and counterfeiters.
Call us for a free quote today.