Thursday 12 May 2016

How to Choose A Distributor To Sell Your Excess Inventory

The most essential thing you must do when you are going to sell your excess electronics inventory is to choose an Independent Distributor. The distributor you choose always determine the return on your investment.

Make sure to visit the facility and take a good look around. When interviewing an Independent Distributor check that they have proper manpower and technical support. Certain things need to be verified before you finalize the deal:
  • ISO Certification
ISO certification tells you that Quality Management System of the company is in place and that the system has been reviewed by an outside auditor and the company's own management team. Unless the supplier is ISO certified, many buyers will not add a supplier to their Approved Supplier List.
  • Determining The Value Of A Component
Determining market price for components can be a difficult thing. Some companies check pricing of franchising a web site; while this might be a good start, open market pricing is based upon demand and supply. The type of software tools used, detailed information concerning supply, and competitive pricing help in calculating the price of the inventory.
  • How Many Unique Customers Do You Sell To Each Year?
The volatility and uncertainty of the open market makes supplier relationships really important in today's market. People do business with the ones that they trust. You'll want to evaluate whether the company hires educated, intelligent, educated, and innovative employees who are able to develop and use the tools they will need to sell your inventory. There should be atleast one engineer on staff who can resolve technical questions that could otherwise lead to lost sales.

The software the the Independent Distributor business uses is extremely important. When you visit facility of the company, ask for a demonstration of the software they will use and pay attention to how they monitor demand and supply and how they determine market price.

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