What can you do with your Excess Components?
Nowadays, Organizations realize that supply chain process must be improved all the time. One of the recommended steps is to proper manage the excess inventory and move it forward.
Not only that reviewing own stock and procedures can help avoiding unnecessary costs, but can also create a revenue stream, when excess inventory is managed properly.
Excess Inventory, Obsolete and EOL (End of Life) components can lose their value when unattended correctly. It is essential to turn those surplus components into valuable both to your company and to those who are seeking the specific component you have waiting on the shelf.
So, what should you do to gain more out of your surplus inventory?
- Send your excess list to independent distributor - GreenTree Electronics already has a lot of experience with it. You just need to have a list of your surplus, try to include as much information as you can regarding the parts and send it over. A well experienced distributor will be able to help you gain more of your stock.
- Make sure to keep your documents – any document you have regarding the parts are important and can be very valuable. CoC and also invoice of your purchase can be very useful. Photos of original package and components can help as well in the process. Be prepared to send copy of these if asked to.
- Obsolete Components and their Increase value – If part was announced as an End of life component (EOL), market value of it might rise, and you should consult your independent distributor about it. A professional and updated distributor will be able to find the best solution for your excess parts.
GreenTree Electronics will help you with the best solution for your needs.
Send your excess list to This email address is being protected from spambots. You need JavaScript enabled to view it.
