Tuesday, March 19, 2013

What One Can Do With Excess Inventory of Electronic Components

Many manufacturers understand that excess inventory can hinder their efficiency, and therefore, their profitability. However, some are not sure of when to buy, sell or hold onto their stock. In this case, a manufacturer can benefit from employing the services of a knowledgeable distributor. When choosing the best distributor for your purposes, it is important to consider their experience, knowledge of and compliance to government regulations, and their reputation.

It is important to choose a distributor that is experienced for several reasons. Companies that have been in business for decades are typically well-established businesses with the ability to adapt to the changing market. Therefore, it qualifies them to give you advise you on various aspects of managing excess inventory. For instance, Harry Krantz Company is a reputable distributor with over 70 years of experience in excess inventory consignment.  Therefore, they are able to advise manufacturers on whether they should buy, sell, or hold onto their components. Furthermore, they are able to provide them with valuable information about market changes.

Additionally, a distributor that has been in business for decades typically has an established network of reliable buyers. This translates into a faster and more consistent sale of your excess inventory.  
 
Due to the many firm standards and regulations set by the government regarding export and sales, it is important to find a distributor that complies with them all. This will ensure that your reputation is not hindered by any legal issues regarding the sale of your inventory through a distributor. Harry Krantz Company is updated on all of the relevant export regulations and holds ITAR registration, ensuring that the customer’s business and reputation is safeguarded.

Harry Krantz Company will turn excess inventory into profit for their customer with their enduring marketing efforts and the large network of buyers they have established over the past seven decades. Their time-tested knowledge of the market allows them to confidently provide advice in the customer’s best interest.

Besides offering excess inventory consignment services, Harry Krantz is a reputable electronic components supplier for a variety of industries including military and aerospace. Their quality control and counterfeit prevention programs are rigorous and thorough to ensure the authenticity and high quality of components which are then sold to the manufacturer.

1 comment:

  1. I have to agree with your thoughts. Some manufacturing companies just throw out their excess inventory, but smart ones sell it. However, you can't expect to get large amount of money from it, but it is better than nothing --- just wasted products. Thank you for sharing!

    Fernando Mills @Alexander Liquidations

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