US Airforce have over $16million worth of excess parts!

If even the US Air Force can over order components, then anybody can! There’s several million dollars worth of excess parts used on the C-130 Hurricane at bases across the United States. An annual audit brought to light the sheer number of parts, valued at an estimated $16 million – phew, that’s a lot of excess parts!

Without making some significant changes to their inventory management, the Defence Logistics Agency will continue to obtain inventory that exceeds their orders. According to the Department of Defence Inspector General, ‘the parts will be hard to get rid of because funds will have to be spent to manage and store the excess inventory, which in turn will drive up costs to customers.’

While you may not have quite as many excess parts as the American Air Force, it shows how easy it is to over order, over estimate or just simply not require the parts ordered anymore. But what to do with these parts? You could leave them in the warehouse on the off chance they might come in handy one day, but realistically you know they will sit there for years, gathering dust and taking up valuable space. How about making some money from your excess instead?

Selling your stock to an inventory specialist is a win-win situation for you and your company. The parts are removed, giving you back storage space and you get a cash injection into the business. And it couldn’t be easier to do. Send in your stock list, get an appraisal, sign the paperwork and it’s done – and if you choose Trading Specialists you’ll get a choice of 3 payment options:

Immediate Payment
• We assess your stock for immediate purchase
• Once purchase is agreed your stock is quickly removed
• You get immediate cash, complete removal of goods and no ongoing liability

Full Consignment
• We sell your stock to maximise market value
• Your surplus stock is marketed to over 16,000 OEMs, CEMs and Distributors worldwide
• Your stock is relocated to our ISO approved warehouse

Part Payment & Consignment
• We buy your stock for immediate cash and a percentage of future sales
• Your surplus stock is removed and marketed worldwide
• You maximise return by getting immediate cash and ongoing revenue

What are you waiting for? Send your stocklist to web@trading-specialists.com today!

Source:
Standard Examiner

Can excess stock help you save the environment? We think so.

Feeling inspired by Earth Day yesterday? How about if we told you that you can help the environment just by sorting out your stock?

Not only does excess stock inventory take up space which you could be using for something else, by ensuring it is properly dealt with you can lessen the impact it has on the environment. Think about it, you're paying storage fees for something you no longer need, incurring electricity/heating costs which cost you money – and isn't exactly friendly to the environment either!

And what happens when you need to get rid of your excess components? If you hold onto them for too long the stock will become completely useless, need disposing of and this in turn will cause more damage to the environment, and your profitability.

So what can you do instead? By contacting Trading Specialists we can assess and take your excess components away, freeing up your warehouse space, helping lessen the environmental impact and giving your company a cash injection at the same time.

Send your stocklist through to web@trading-specialists.com or feel free to call us if you need more information on +44 (0)1904 436550

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