Office Supply Inventory Obsolescence Checklist

Don't let outdated stationery and forgotten tech gather dust! This Office Supply Inventory Obsolescence Checklist ensures you're only stocking what your team *actually* needs, saving space, reducing waste, and maximizing your budget. Easily identify slow-moving items, plan for replacements, and streamline your office supply management - download your free checklist today!

This Template was installed 5 times.

Item Identification

1 of 7

Confirm item details and current location.

Item ID

Item Name

Manufacturer

Current Quantity

Current Location

Date Received

SKU

Usage Trend Analysis

2 of 7

Assess recent usage patterns to identify slow-moving or outdated items.

Units Sold - Last 3 Months

Units Sold - Same Period Last Year

Trend Compared to Last Year

Notes on Usage Changes

Date of Last Significant Usage Change

Factors Influencing Usage Decline

Technological Obsolescence

3 of 7

Determine if technology advancements have rendered the item obsolete or less desirable.

Is the item functionally replaced by newer technology?

Describe the technological advancements that have impacted this item's relevance.

Estimated Remaining Useful Life (in years)

Does the item still meet current industry standards?

Date of last technology update or assessment

Which industry standards does this item no longer meet?

Supplier Discontinuation

4 of 7

Check if the supplier has discontinued the item or plans to do so.

Supplier Discontinuation Announcement Date

Details of Supplier Notification

Reason for Discontinuation (Supplier Provided)

Estimated Remaining Stock Units (Based on Supplier Data)

Supplier Communication Method

Attachment: Supplier Discontinuation Notice

Inventory Quantity

5 of 7

Evaluate current inventory levels compared to demand and potential obsolescence risk.

Current Quantity on Hand

Average Monthly Usage

Safety Stock Level

Last Replenishment Date

Days of Supply

Replenishment Strategy

Notes on Quantity & Replenishment

Potential Disposal/Liquidation Options

6 of 7

Consider methods for disposing of or liquidating obsolete inventory, such as donation, sale, or write-off.

Preferred Disposal Method

Estimated Donation Value (if applicable)

Discount Percentage (if discounted sale)

Proposed Sale/Donation Date

Justification for Disposal Method

Recipient Organization (if donating)

Supporting Documentation (e.g., donation receipt)

Record Keeping & Documentation

7 of 7

Document all findings, decisions, and actions taken regarding obsolete inventory.

Obsolescence Assessment Date

Detailed Assessment Notes

Estimated Write-Off Value

Disposal Method Chosen

Justification for Disposal Method

Supporting Documentation (e.g., Valuation Reports)

Employee Responsible

Date of Disposal/Write-Off

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