Excess inventory, obsolete and end-of-life (EOL) material will typically diminish in value the longer it sits idle. In short, this material becomes a non-performing asset tying up otherwise valuable resources and capital.
We recognize the importance of turning surplus electronics into recoverable revenues. We also recognize that not all situations are equal and that certain market conditions may require different approaches. This is why Globaltek offers the following flexible solutions for your consideration in managing excess inventory.
- Consignment – Globaltek takes possession of your inventory for resale and all net revenues are shared based on a predetermined split.
- Purchase / Consignment Split – An upfront transfer fee is paid to relinquish material. As material sells the initial proceeds are used to recoup the upfront cost of material and all remaining revenues are shared based on a predetermined split.
- Purchase Program – Globaltek will buy the excess inventory outright.