Dead stock: admitting what is never going to sell
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
Safety data sheet management fails in two predictable ways — the sheet on file is an old revision, and nobody can find it in the ninety seconds that matter.
Safety data sheet management is the work of keeping a current safety data sheet for every hazardous substance on site, accessible to the people who handle it. The sheet comes from the supplier in a standard sixteen-section format, and the employer’s duty is not to write it but to hold it, keep it current and make it available — which sounds administratively trivial and is the reason inspectors find so many failures.
Older documentation still calls them material safety data sheets, and the term MSDS survives in everyday use, but the globally harmonised sixteen-section SDS is the current form. If your file contains a document with a different structure, it is old enough to be worth replacing.
Print or cache the sheets for substances stored where the network is unreliable. A library that lives only online is unavailable exactly when a spill has taken the power out, and that is the scenario the duty exists for.
A common and expensive misunderstanding is that holding the supplier’s sheet discharges the employer’s duty. It does not. The sheet describes the substance in general; the assessment describes what happens when your people use that substance in your process, in your quantities, with your ventilation. Section eight of the sheet gives exposure controls, and the assessment decides which of them apply to you — that step is covered separately in coshh assessment.
Ettex Records holds one entry per substance with the sheet attached, the revision date visible and the review date tracked, so a stale sheet is identifiable at a glance rather than during an inspection; Ettex Sheets carries the inventory and locations; and Ettex Forms handles the request-and-replace loop when a new product arrives on site without a sheet.
Being direct: this is a records tool, not chemical management software. There is no supplier feed pulling revised sheets automatically, no classification database, no label authoring and no regulatory content. Dedicated products do those things and, for a site with hundreds of substances, are worth the cost. What this replaces is the binder nobody has updated.
The same purpose, different format. The globally harmonised safety data sheet has a fixed sixteen-section structure; older material safety data sheets did not. A sheet in the old format should be replaced.
Whenever the supplier issues a revision. Since revisions are not pushed to you, review the library on a cycle — commonly annually — and request a current sheet whenever a product is reordered.
The supplier provides them; the employer holds them, keeps them current and makes them accessible to workers who handle the substances.
Keeping them is prudent. Occupational exposure claims can arise long afterwards, and the sheet in force at the time is the document that describes what people were working with.
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
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