Profit from your unwanted inventory

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<h1>Profit from your unwanted inventory</h1><strong> Author: <a href='http://www.articleseen.com/profile_Alfred Oliver.aspx'>Alfred Oliver</a></strong><br /><p>Excess Inventory Management Companies help original equipment manufacturers, contract manufacturers, and original design manufacturers to convert excess, obsolete, end-of-life, customer returns and defective inventory into revenue. Because new technology is replacing the old at a blistering pace, speed is one of the most important ingredients of successful excess inventory management. Excess Inventory Management Companies offer clients a wide range of benefits, including . . . • Quick conversion of inventory into recovered value • Compliance with global environmental standards • Competitive, sustainable and scalable solutions • Flexible purchasing solutions • Rigorous quality inspections, and • Global footprint and systems to match supply and demand Excess Inventory Management Companies convert unwanted inventory into revenue employing several ways: • Outright Purchase Excess Inventory Management Companies purchase the entire unwanted inventory and remarket it through their national/international sales channels. • Consignment Purchase Excess Inventory Management Companies and clients share revenue generated from the sale of portions or consignments of unwanted inventory. • Leverage Purchase An excess inventory management company may also be a vendor managing a client's inventory. In such cases, the inventory remains in the possession of the vendor until its sale. Depending on the agreement between the two parties, the excess inventory management company may enjoy full benefits accruing from the sale of the inventory or share them with the client. The most successful Excess Inventory Management Companies have decades of experience . . . a global sales infrastructure and channel . . . leverage the reputation they enjoy with manufacturers, repair depots and others . . . and clearly define target market segments that could use your inventory. Excess Inventory Management Companies also balance supply and demand by using proprietary systems that help streamline their distribution processes and provide clients top-drawer sourcing and inventory management solutions. The proprietary system of one of the leading Excess Inventory Management Companies, for example, provides traders access to electronic component supply and demand information faster and more accurately than is possible using other systems. The proprietary system offers many benefits, including speeding up the liquidation process by cross-referencing millions of parts with the internal part numbers used by manufacturers around the world . . . identifying trading opportunities based on the clients' predetermined preferences for price and quantity . . . managing excess inventory through one centralized hub for greater forecasting, reporting, efficiency and control . . . and providing clients efficient communication and reporting with Electronic Data Interchange systems.</p><strong>About the Author:</strong><br />Alfred Oliver writes content about Electronic components surplus, <a rel="nofollow" href="http://www.converge.com/">Excess inventory management companies</a> and Supply Chain Management. For more information visit at : <a rel="nofollow" href="http://www.converge.com/">http://www.converge.com/</a><p> Article Source: <a href='http://www.articleseen.com/Article_Profit-from-your-unwanted-inventory_53043.aspx'> http://www.articleseen.com/Article_Profit from your unwanted inventory_53043.aspx</a></p>

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Keywords : Electronic components surplus, Excess inventory management companies, Supply Chain Management,

Category : Product Reviews : Consumer Electronics