Sunday, March 24, 2013

Getting The Most Out Of Your Excess Inventory Of Electronic Components

The rapid pace at which technology changes today creates the problem of excess inventory for many manufacturers. As certain components become obsolete or no longer necessary for production, they take up room in the manufacturer’s warehouse and create a loss of profit. Many manufacturers continue to keep these components or even finished products because they are not sure of when to sell, buy, or hold onto their stock. Furthermore, once they decide to sell, it can be difficult to find buyers, especially for components that are no longer wanted by majority of the manufacturers.

The issue of excess inventory can be resolved by hiring a knowledgeable electronic component distributor such as Harry Krantz Company. With over 70 years of experience in excess inventory consignment, Harry Krantz can offer their customers a reliable service and invaluable advice on when to sell, buy, or hold their inventory. Companies with time-proven experience are typically knowledgeable about the market trends and are able to adapt to changes. This ensures that your excess inventory is in expert hands.

Excess inventory consignment services allow the manufacturer to own their components until they are sold by the distributor. This is the safest way of selling components that you may need in the future. By utilizing the services of a trustworthy distributor, you are ensuring that you are getting fair market price for your parts and products. Furthermore, selling components is easier through a distributor as they take care of marketing your product and contacting their vast network of buyers to sell your components. Overall, they work to get your components sold fast and for a profit.

When researching your options for a distributor that can help you manage your excess inventory, be sure to check their compliance standards. This will help ensure that your reputation is protected and you are not faced with any legal issues in the future. To protect their customer’s business and reputation, Harry Krantz Company is updated on all of the relevant export regulations and holds ITAR registration.

Harry Krantz Company has utilized the successful combination of their ongoing marketing efforts and large network of reliable buyers to help turn excess inventory into profit for their customers. Their time-tested knowledge of the market allows them to confidently provide advice in the customer’s best interest.

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