Yes this can be done in the following manners: 1. Avoid Overstocking: Instead of this, invest in trying out the latest products and looking for new opportunities to grow your business. 2. Get rid of your Deadstock: You need to return obsolete inventory to the supplier, bundle it together and sell it at a discounted price or donate it to free up the space in your warehouse. 3. Reduce supplier Lead Time: You need to reduce the amount of time between shipments, you will be able to reduce how much stock you have on hand. 4. Choose better Inventory Management Software: This will help centralize the control of your inventory and automated processes.