Excess inventory, Overstock, Ageing stock, or surplus inventory, is the consequence of some type of mismanagement of stock demand due to factors consisting of over-buying, Seasonal Overstock, inaccurate projections, canceled orders, bad economy, unexpected climate change, or late or early delivery of goods that has not yet been sold and that exceeds the projected consumer demand for that product.
Excessive stock is likewise connected with loss of revenue owing to additional capital bound with the purchase or simply storage space taken. Excessive inventory can result from over delivery from a supplier or from poor ordering and management of inventory by a buyer for the inventory.
When relating to overstock or excess inventory in the form of consumer goods in a retail operation, the term refers to goods that have never been purchased by a customer but that are considered excess stock or inventory from Retailers/LFR,s/Showrooms/Distributors/Wholesalers shelves and/or company or brand warehouses. Excess inventory is typically discarded of in the following ways: returned to the manufacturer, brands or original distributor/wholesalers/retailers, liquidated to companies that then resell it on the secondary wholesale or retail market, sold at an extreme discount to existing customers, sold to salvage companies which then process metals and components of value.
The prior damage caused by excess inventory is an early exhaust of cash flow, and later the loss of free disposable capital for investing.
We are into the business of revolutionizing the 30billion indian b2b excess inventory market."Through technology, analytics and transparent process of liquidation among buyers and sellers".
We enable brands to efficiently sell excess inventory to retailers in private, online showrooms and provide improved decision-making to turn inventory faster, improve cash flow, and optimize returns helping our 'sellers' (partners with excess stock) to meet potential ‘buyers’ (partners interested in excess stock). We ensure 'Anonymity', 'Neutrality' & 'Confidentiality' for 'sellers' & 'buyers' by
Excess2sell platform is a network of retailers/wholesalers/traders/distributors/brands and manufacturers' anonymous liquidation platform. The excess2sell platform enables re-sellers to shop for liquidation and overstock inventory directly from reputable enterprise retailers, all from one source. The liquidation sales are exclusive to registered retailers & approved buyers.
Thousands of re-sellers love the excess2sell platform because we provide them direct access to retailers and overstock inventory that they were never previously able to buy without middleman mark ups.
The excess2sell liquidation categories primarily include Apparel, Appliances, Cell Phones, Computer, Equipment & Software, Consumer Electronics, Home & Kitchen, Mixed Lots, Other Lots, Toys, Kids & Baby, TVs and More.