The Solution to the Inventory Overstock Problem Through a Circular Economy

This paper mainly uses a circular economy to solve inventory overstock problems. To begin with, the researcher discussed the background information of the overstock problem, such as how it exists and in which field it appears. Then, the researcher focuses on the fashion retailing industry to extend my research. The analysis part illustrates the problem of inventory, the system model that can be used to deal with the problem, and how to achieve such a system model. The researcher implies the potential cost of these problems to the company and how they usually are dealt with. After this, the researcher explains the circular economy at the beginning of my third part. The researcher depicts a system of inventory flow inside the company through the circular economy in detail. The researcher also offers a requirement for how to realize such a system. Finally, the researcher summarized my paper and the end of it and showed my expectations.