When Canceled Production Builds Leave Surplus Inventory
The Covid-19 production shutdowns in 2020 showed how quickly planned inventory can become surplus. Canceled orders left EMS companies, contract manufacturers, and OEMs holding components purchased for builds that no longer went ahead. The resulting idle stock tied up warehouse space and working capital.
An inventory review starts with identifying which components and finished goods are no longer needed for production. Separating stock that can be used in future builds from stock with no planned use helps teams decide what to retain and what to release.
For stock with no planned use, prepare a spreadsheet with part numbers, quantities, and condition. Our excess inventory selling options explain how iBuyXS approaches recovery and what information to provide for an evaluation.
