Introduction to Factory Seconds and Obsolete Inventory

Excess inventory, sometimes referred to as factory seconds or surplus inventory, is the accumulation of products or materials that exceed current sales forecasts or market demand. This excess of inventory can tie up valuable resources, including cash and warehouse space, while also increasing storage costs and operational inefficiencies. For businesses, managing excess inventory is essential to maintain healthy cash flow and avoid the pitfalls of unsold or obsolete stock. By selling excess inventory to specialized excess inventory buyers, companies can unlock capital, reduce waste, and streamline their operations. Efficient inventory liquidation not only helps free up warehouse space but also supports better inventory management and allows businesses to focus on their core activities.

Picture collage of factory seconds, pallet of boxes upper left, rolls of TPO upper right, unused OCC lower left, pallets of adhesive lower right

Solutions for Factory Seconds and Excess Inventory Management

Manufacturers and distributors often face the challenge of managing excess, obsolete, unsold, or off-spec materials, making the efficient management of surplus inventory crucial for maximizing returns and minimizing losses. Rather than disposing of these potentially reusable products in landfills, we focus on linking your surplus inventory with secondary markets and alternative end-users. Whether dealing with surplus finished goods, expired raw materials, or off-spec components, our goal is to identify appropriate and sustainable outlets for these materials, efficiently manage the process, and maximize value for your business. We handle surplus products from various industries, ensuring that manufacturers, retailers, and wholesalers can find tailored solutions for their unique needs. This approach not only helps to significantly reduce waste but also enhances resource efficiency and supports more environmentally responsible business practices.

We Buy and Reuse

  • Overstock inventory

  • Off-spec product

  • Obsolete inventory

  • Raw materials nearing expiration

  • Surplus finished goods

  • Discontinued product lines

How the Liquidation Process Works

  • Material specs and photos

  • Identify reuse or resale opportunities

  • Arrange pickup or cross-dock transfer

  • Generate material diversion reporting

  • Provide certificate of destruction if required

For businesses looking to liquidate or sell excess inventory, our company connects you with a vast network of inventory liquidation buyers, liquidation companies, and closeout inventory buyers. Sellers benefit from hassle free solutions, maximum value, and the ability to liquidate inventory—including slow moving inventory, surplus products, and unsold stock. We work closely with online sellers and surplus inventory buyers to efficiently manage the process of buying excess inventory and selling closeouts. With our extensive network and experience in finding excess inventory buyers and purchasing inventory from various industries, we make liquidating excess inventory simple and effective.

How to Get Started

Getting started with selling excess inventory is a straightforward process that begins with identifying the right type of buyer for your needs. Start by gathering detailed information about your inventory, including product quantities, conditions, and pricing. Completing a comprehensive liquidation form with as much detail as possible will help attract serious buyers and facilitate a smooth transaction. By providing clear and accurate information, businesses can ensure a seamless selling experience and maximize the value of their excess inventory.

Why Partner With Us

  • Sustainable³ Framework

  • Unlock value from waste

  • Reduce disposal and storage costs

  • Lower environmental footprint

  • Custom resale agreements

As a trusted US-based service provider, we offer reliable solutions for your liquidation needs.

FAQs

  • These include expired goods, off-spec production items, overstocked raw materials that are surplus to current needs, or customer returns that cannot be sold as first-quality products.

  • Yes, we efficiently connect sellers with buyers interested in secondary use and carefully manage all the logistics involved in pickup or delivery to ensure a smooth process.

  • We carefully assess pricing based on several factors, including the condition of the material, the total volume available, the type and quality of packaging, as well as the current availability and demand within downstream markets.