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.