Which Redistribution Method Is Best For Your Business?

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Which Redistribution Method Is Best For Your Business?

Each electronic manufacturer is unique.

When it comes to redistributing excess and obsolete (E&O) component stock, there is no one-size-fits-all approach.

Answer these simple multi-choice questions to find out the best method to generate revenue from your excess.

How important is it for you to retain ownership of your E&O stock during redistribution?

I want to retain full stock ownership and keep it in my warehouse during the redistribution process.

I prefer to keep full stock ownership during the redistribution process but do not want to keep it in my warehouse.

Not at all. I need the stock off my books as soon as possible.

How much of your warehouse space is being taken up by E&O stock?

Far too much. The space taken up by excess in my warehouse is preventing me from achieving immediate goals.

A lot of space. If I leave my excess levels this high, it will cause issues for future projects.

It's an acceptable level, but I would still like to get rid of it soon.

How quickly would you prefer to sell your E&O component stock?

I am in no big rush and prefer to wait for a reasonable amount of time to maximise returns.

I am not in a hurry. Going forward, I would prefer to set up a long-term solution to sell excess as it arises.

I need to sell my excess as soon as possible to hit financial KPIs (key performance indicators).

How would you prefer payment for your E&O stock?

I would like the money upfront for my excess, even if it means I will get less for it.

I want to set up a long-term automated system to manage my excess better. I am happy to receive payments in regular instalments.

I would prefer monthly instalments for my excess as it is redistributed. I do not want to commit to a long partnership, however.

How involved would you like to be with redistributing your E&O stock?

I prefer minimal input to redistribute my excess.

I do not mind being involved with redistributing my excess, as long as it is gone as soon as possible.

I do not want to be involved with the redistribution of my excess. I would rather set up a long-term solution that is automated.

What return on investment are you expecting from redistributing your E&O stock?

I want the highest return from my excess as possible, at least 100% of the cost. I do not mind waiting for this.

Obviously, I want the highest return possible, but I am in a rush to sell and understand that this may limit my options.

I want the highest return possible from the redistribution, but I also do not want to wait too long or create too much extra work to get this.

Do you want a long-term solution to managing your E&O stock?

Yes. I understand that putting a long-term excess strategy in place will save my business time and money in the long run.

I would like to trial a shorter-term solution. I could be interested in a longer-term excess strategy if it proves successful.

Not at this stage. I urgently need to get rid of the excess I have in the warehouse.

Is sustainability an important reason for redistributing your E&O stock?

It is not my top priority. If my excess is not removed from my warehouse soon, I will just scrap it.

Yes. That is why I want to set up a long-term solution to prevent as much of my excess as possible from being scrapped.

Yes. I do not mind waiting a while for my excess to be redistributed if it means it will not be scrapped.

What is your business’s rough annual revenue?

Under $100 million.

Under $1 billion.

Over $1 billion.

How old is the excess in your warehouse on average?

The vast majority of my excess is under two years old.

I have no idea, but some of it is at least 5 to 10 years old.

Most of it is over two years old.

One more thing

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Your business is best suited to InPlant™!

InPlant™ is Component Sense’s premium redistribution model, best suited for large businesses with over $1 billion in revenue.

This redistribution model is fully bespoke and automated, with the guarantee of a minimum of 80% return on cost prices.

InPlant™ fully integrates with your MRP (material requirements planning) system to identify and resell excess stock early, maximising return.

Component Sense can station an employee in your warehouse or train one of your team members to operate the InPlant™ system .

Click here to learn more.

If your business does not meet the $1 billion revenue threshold, but you have a single site with revenue in excess of $500m, InPlant™ could still be for you. If not, you are most likely suited to Component Sense’s consignment option.

Your business is best suited to Consignment!

Consignment is Component Sense’s market-leading redistribution option.

Thanks to our partnership with DSV, we can uplift excess from your warehouse for local, secure storage within 48 hours.

Ownership of stock remains under you, so you can get the parts back if your priorities change.

We handle the redistribution of your excess and pay you every month.

Click here to learn more.

Your business is best suited to Outright Purchase!

Outright Purchase is the perfect redistribution option for electronic manufacturers that need to sell excess quickly.

Component Sense can make a cash offer for your excess within 24 hours.

If accepted, we guarantee to uplift the entirety of your listed excess within 48 hours.

Click here to learn more.