Excess Inventory

How do you end up with surplus inventory? It could be the result of numerous things. Your products may not have sold well as you had imagined or the buyer may have overestimated the need for your inventory items. There is another possibility that the product line may have gone through some unexpected return of inventory due to a production fault. Whatever the factors may be, surplus inventory will start to eat up from the profits in your business. You can sell that excess inventory in different markets through the help of liquidators rather than allowing the inventory to use up more space in your warehouse. It can save you money and help your business. There are liquidators that you can wholly trust as there are some who have been doing this business for decades now.

Their job is to arrive at a price that is deemed fair to both the sellers as well as the buyers. They will also arrange to move the inventory out of your warehouse. They can be good partners on a long term basis to take care of sales when you have excess inventory scenarios in the future. A surplus inventory could work in your favor or against you depending on the type of goods that you have piled up. If it is electronics, then closeout may help raise the value of your goods in time. But, if your goods are perishable and are bound by an expiry date, then you are in trouble and the surplus will turn into a liability for you.

You do not have to think in terms of really dipping your prices down in a closeout situation as you can be bailed out by a company whom you can sell your excess inventory to.

That company will handle the sale or liquidation of your surplus inventory. The liquidators will buy your stock in bulk at a lump sum rate and pay you in a single transaction.