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Excess Inventory

Excess Inventory

Dead and slow moving inventory is basically money just sitting around but there are ways to turn it into real money. It is likely that your inventory is needed in someone else’s production. Let Emporium Partners handle your excess inventory, which of course will be managed in an environmental and ethical manner.

Our excess inventory solutions include:

Marketing of your local excess inventory

We market your excess inventory as available to Emporium. Based on our in-depth knowledge we define target segments that have a demand for your parts. We will follow the market trends for each line of inventory closely and your inventory will have a high priority within our specialized and proactive sales team. We have a global ‘Best in Class’ reputation.

Consignment

If you choose a consignment you will own the parts until they are sold. However, the parts will be stored at Emporium Partners, which will allow us to photograph, log part details, and packaging information. This increases our ability to satisfy the buyers’ needs.

We inspect, quality assure, package, store and market your inventory in one of our ISO, ESD, IDEA certified warehouse locations. When you store your inventory with us you will increase the likelihood of selling the product since your parts a now ‘in stock’.

Line or Lot Purchase

We buy a single dead inventory line items or we purchase your excess lot.

Emporium PartnersWaste Management

We work to ensure that your excess inventory is handled in an environmentally and economically proper way even if disposed of.

Customer case

The Challenge
Accumulation of excess both internally and at EMS provider and losing track of material consumption.
Our Solution
At Emporium Partners we designed a process where EMS providers declare complete usage and purchase to the client. Any leftover material is shipped and consolidated monthly which we report to the client after inspections. The storage of the components is using the Emporium Product Preservation for long-term storage to prevent oxidation. All results and activity can be monitored online.
Outcome
The client experienced savings in costs for developing and managing this process, but more importantly got control over material usage and accuracy. Emporium Partners redistributes excess if needed, to other facilities and assists in confirming EMS spend and usage. Every lot is documented and photographed; every line item is photographed and inspected to the proper level and stored correctly using our certified longterm storage process to prevent oxidation. We now receive regular shipments on a monthly basis. Online access and reporting gives the OEM the confidence that proper procedures are followed as we successfully sell the material. ‘Quite a challenge, but Emporium Partners did the job. It’s nice to have all excess in one place. The money recovered exceeded our expectations and we are also pleased that the goods are now stored so they don’t oxidize.’ Purchasing Manager at global communications company

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Emporium Partners has decades of experience in delivering innovative and progressive solutions to the electronics manufacturing and distribution markets. Read more >
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Denmark – Copenhagen (HQ)
Hoerskaetten 18
2630 Taastrup
Denmark
Phone: +45 7020 6110
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