| Axis
Electronics
offers 3 different solutions to assist with your excess
inventory issues. Our goal is to support our customers
specific needs and objectives. As technology changes
and your engineering and/or marketing teams decide to
cut in a BOM change this could create an abundance of
excess inventory. Our goal is to convert your excess
into working capital again or immediate CASH. Our State-of-the-Art
website and database search engine will provide domestic
and international exposure for your excess/surplus inventory.
The solutions below can get you working capital in a
timely manner to reinvest in your current business needs
and newer technology. |
Quick Links:
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Click Here to Upload Excess Inventory
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Inventory Solutions:
Lot Purchasing
Advantages:
- Moves
a volume of inventory quickly
- Converts
your excess inventory into quick cash and working
capital
-
Quickly eliminates carrying cost associated with
excess inventory
- Eliminates
time and effort trying to sell unmarketable and
custom inventory that most original suppliers will
not take back.
Disadvantage:
- Return
on investment is typically lower than other traditional
methods. Seek advice from your financial advisors
on the ability to account for a potential loss on
the difference of the LOT purchase and the original
cost of inventory. Axis Electronics will do our
best to minimize the gap.
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Consignment:
- We
arrange for the shipment of material to our facility
-
We record and report all sales activity of your
product and provide specific sales information to
you. Your consigned inventory will be stored in
a separate location in our secured warehouse. Your
product will be entered into our inventory database
under a special code for easy tracking and reconciliation.
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End-of-Life Buys:
-
We can
inventory your end-of-life product for you for up
to three years to support your mature product life
cycle.
- Carrying
costs will be negotiated based on the term and firm
schedules provided. The costs generally run 1 -
1.5% per month depending on the situation and the
contractual agreement.
- Product
will be stored in a special storage area dedicated
to your product. You will have access to view available
stock on hand at all times.
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Customer
Benefits:
- Will eliminate the need
for storage space for this time period.
- Eliminate your carrying
costs (average carrying costs range from 12-18%
for most manufacturers).
- You do not tie up your working
capital and enables your organization to reinvest
this money into immediate revenue generating activities.
- Eliminates a crisis engineering
redesign on a mature revenue generating product.
- Your product will be received
on-time per your schedule ready to drop into the
manufacturing line.
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