Edge Knowledge Base > Inventory > Aged Inventory Management (AIMS)

Best Practices

Run AIMS every month on a consistent basis.
Educate your salespeople.
- Spiffs are a great incentive and a win for both the store and associate.
- Salespeople can advertise the fact that old items will be consistently marked down as a way to entice customers to purchase, or to come back at a later date. “Sure this is 30% off, but it’ll be 40% off next month…assuming no one else buys it.”
If you followed our recommended defaults, AIMS is only being applied to items entered within the last 480 days. Develop a strategy to liquidate merchandise older than that.
- These items can be identified using the Date Entered drop-down on Item Filter and setting Min to blank and Max to -481.
- AIMS is using a rolling date, so the first time you set it up, make note of the actual date 480 days ago and use this as a cut off for items being handled by AIMS versus the remainder of your old inventory that require manual intervention.
Consider enrolling in our 302 – Aged Inventory Management webinar class for more assistance. See the Edge Newsfeed or Calendar for the next available date.

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