VMI – vendor management inventory and consignment stock solutions

VMI and consignment stock solutions

If you have large amounts of stock or excess inventory that you’re looking to sell, Vanilla can help. We offer a full-service inventory solution where we can arrange shipment of your excess stock and then advertise and sell parts to our global client base.

Our excess inventory service explained 

Our excess inventory service is a specialised solution designed to help businesses manage and sell their surplus stock.

Excess inventory refers to any products or materials that a company holds in excess of what they need to meet current demand. This excess inventory can be a liability, tying up valuable capital and warehouse space.

Through our inventory management service we help businesses recover some of the costs associated with excess inventory by providing a platform to sell these surplus goods. These services can take various forms, such as online marketplaces, auction platforms, or direct buy-back programs, and they are often used by manufacturers, distributors, and retailers within the electronic manufacturing industry.

By leveraging our respected excess inventory service, your business can free up valuable resources and focus on its core operations whilst we create profits for you through your excess stock.

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What does our excess inventory service include?  

If you find that our excess inventory service is right for you, we will arrange for the shipment of your excess to our ISO 9001:2015 and AS9100/AS9120 accredited distribution facility.

Stock is then inspected by our experienced and knowledgeable warehouse team and the following is recorded. This assists in closing orders quickly on your stock as all the information is available immediately.

  • Full manufacturer’s part numbers including packaging suffixes, etc.
  • Manufacturer
  • Condition of parts
  • Date codes and batch codes
  • Pack sizes
  • Pack types (reel, tube, tray, etc.)
  • Any other related info
  • Partial packs are re-packed

The components and parts are then recorded on our system and searches are performed for previous sales. The sales department is then responsible for contacting any previous customers. The parts are advertised globally to potential 3000+ customers

We record and report on a monthly basis all sales of your product. An order is sent every time a product is sold and you can request all sales information and full stock reports at any time, helping secure a high return on your inventory.

What are the benefits of our excess inventory solutions…?

At Vanilla, our excess inventory solutions offer several benefits to businesses looking to manage their surplus stock.

The Vanilla platform provides a hassle free way for businesses to sell their excess inventory, freeing up valuable capital and warehouse space. This allows our clients to invest money, time and effort into other areas of their operations and improve their bottom line.

Vanilla’s team of experts has years of experience in the electronic manufacturing and supply chain management industry, allowing us to provide tailored solutions that meet the specific needs of our clients.

In addition, our excess inventory service helps reduce waste and environmental impact by finding new homes for products that may have otherwise gone to waste. By working with Vanilla , your company improves its efficiency, reduces  its waste, and drives value for its operations.

Line-by-Line Purchasing

  • Vanilla bids on a line-by-line basis
  • All items are accessed on an individual basis
  • Often a low, although immediate return

Lot Purchasing

  • Moves a large volume of product quickly at one time
  • Return is often low, although stock is sold and dealt with within a short time-span

We look forward to working with you…

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