Supply chain solution blog

Back to Basics: How to Sell Excess Electronic Components


Business Consultant, Angharad Storrie, interviews CEO of Component Sense, Kenny McGee, regarding selling excess electronic components. AS: What are the basics you need to know about selling excess electronic components? KM: Our clients are primarily focused on building electronic products. Selling excess is a by-product of what you do. When you are building a product there will always be excess or surplus components. There will be components that become obsolete or redundant for your purposes and that is just the natural order of things. Over time stock accumulates and it begins to harm your business. There are many different reasons...

3 pitfalls to avoid when selling excess electronic components


Did you realise that as a PCBA manufacturer, at least 1% of your revenue is tied up in obsolete or redundant stock? Furthermore, you are probably sitting on 10% of revenue in slow moving stock! Read on to discover solutions to common pitfalls when selling your excess electronic components. Avoid scrapping your stock. Don't wait until your stock is so old and worthless that you need to scrap it and write it off your books. As an Independent Distributor we can advertise your stock in many ways allowing you to get money back either as an outright purchase, consignment or...

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