Thursday, July 25, 2013

Are You Looking to Sell Electronic Parts?

Selling electronic components can be a challenging task, especially if you are not experienced in doing so. Many manufacturers make the mistake of thinking that since they are able to compose a product that they know the value of the components in the market. Unfortunately, the electronic component market is highly fluid and changes almost on a daily basis. This is becoming increasingly evident as the growing demand for newer, more efficient technologies is pushing many components into obsolescence, seemingly overnight.

Because of this, more and more manufacturers across all industries are realizing the need to manage their inventory efficiently. However, most are not knowledgeable in which components to sell, keep or buy more of. In this case, it is beneficial to hire a professional distributor that offers excess inventory consignment services.

Excess inventory consignment is the safest way of profiting from your unused components. An experienced distributor first evaluates your inventory and educates you on when to sell electronic parts, or when to keep them or buy more. This evaluation will give you a better idea of the market trends and the relative profit you can expect from selling your components. While engaging a distributor does not guarantee that you will make a profit on your components, it does raise your chances.

Once you decide to put your excess inventory for sale, the distributor will start using their marketing resources and extensive network to promote your components. However, the components remain under your ownership until the point of sale, allowing you to take them off the market if you need to. It is suggested, however, to take the advice of the distributor in order to make the most profit. The distributor will also provide you with invaluable knowledge about when to purchase more of any components you may need. Selling your components or products through consignment allows you a certain level of control which is a comforting aspect considering the often unpredictable nature of the electronic components market.

Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

Monday, July 1, 2013

A Reliable Way to Sell Electronic Parts

An increasing number of manufacturers are looking to outsource the management of their electronic components. This is largely due to the fast pace at which technology changes, causing the need for electronic parts to change as well. Manufacturers who are unsure about the most profitable way of selling electronic components they no longer need should hire a reliable electronic component distributor.

In order to sell electronic parts profitably, manufacturers would benefit from finding a distributor that is experienced in inventory management, has a large network of buyers and I knowledgeable in market trends. Furthermore, they should be in compliance with all legal and quality standards. This will ensure that your reputation is not hindered by any mistake due to the negligence of the distributor. Typically, companies that have been in the industry for over a decade have the necessary expertise to help you sell your electronic parts profitably and in a timely manner.

It is important to thoroughly research your options of distributors that can offer you excess inventory consignment services. When examining their compliance and quality standards, be sure to examine their counterfeit prevention program as well. This will ensure that any components that you buy or sell through them will be examined thoroughly and will not adversely affect your production or your reputation.

Another important factor to research and compare is affordability of their services. Typically, distributors take a percent of the components they sell. In order to sell electronic components for the manufacturers, distributors use their marketing efforts and network. However, manufacturers own the components until the sale is complete, which allows for them to withdraw the components through the market rather easily at any time.

Harry Krantz Company is a reputable electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

To protect their customers’ reputation, they comply with all of the government regulations. Harry Krantz Company holds the ITAR registration and is ISO9001:2000 and AS9100:2004-01 UL certified. Additionally, they help sell finished products as well as electronic parts.