As Q2 2020 Closes, many larger OEM and CEM facilities have begun to reopen. The plethora of challenges facing Supply Chain Professionals in these times are prolific. Many orders, and corresponding builds, have been delayed or canceled altogether. New orders for different products are also on the rise as the new normal dictates.
I’ve spoken with many Purchasing professionals, materials managers, and planners at our OEM and EMS partners and there is one thing they all agree on:
“2020, not even half-way finished, is already the most challenging year that my company have faced. EVER!”
Many companies are coming back to a hangover heavy with suddenly unneeded electronic components that had been bought for reduced or canceled builds. With the lag between starting back up and delivery of finished goods, the staggered return of the workforce, and increased cost due to social distancing and PPE compliance, there are lots of new expenses for companies as well. Once the PPP funds and cash reserves are tapped, there is another potential resource.
Take some time to review your current inventory vs demand and identify the surplus components that you either need less of, or no longer need at all. Once you have your list of excess electronic components, industrial automation equipment, LCD, FPGA, Memory, or finished goods, you can simply click on the Gold button below for a “Free Excess Appraisal” and within hours one of our buyers will respond to you with an offer range for your excess.
Once we have your excel list of excess including the quantities, part #’s, mfg, datecode, and original cost, we can typically come back with an offer within 48 hours or less! We take care of all the shipping costs and coordinating the pickup. Within 1 week of reading this blog you can have your dead inventory converted back into cashflow.