13th of December 2011
News Release 2011
CCL’S inventory management solutions can release vital cash flow….fast.
Read about the benefits of CCL's Consignment Partnership Programme, taking the stress out of inventory management issues for the electronic equipment manufacturer.
To survive and even prosper during the economic downturn companies need to do everything they can to cut costs, fine-tune their operations and to maximise returns where possible. Efficiently managing overstock is an often overlooked but extremely fast and effective way to provide vital working capital.
Increased cash flow
Computer Components Ltd (CCL) has successfully managed excess inventory of active and passive electronic components for major OEMs and CEMs worldwide since 1997. With over 4000 trading partners in 40 countries CCL provides a powerful route to market by liquidating excess electronic component inventory into usable cash flow.
CCL’s Consignment Partnership Programme is by far the most efficient and stress-free solution to managing excess inventory. CCL Managing Director Adam Chinery explains the concept behind this programme:
“(Consignment Partnership) is a mutual contractual agreement whereby clients work with CCL as a strategic partner with CCL doing everything possible on the client’s behalf to secure maximum revenue for their excess or redundant stock.”
Higher returns are made possible by CCL’s in-depth market knowledge, in-house expertise, focus and investment in technology which combine to help deliver financial returns far in excess of what is achievable through the standard auction/bid process.
The ‘no risk’ factor in Consignment Partnership
The client maintains ownership of their inventory whilst CCL assumes total responsibility for the logistics and resale. At no cost to the client, CCL will insure, transport, warehouse, market, sell and ship the client’s product at maximum market value, thus providing clients with complete peace of mind in the knowledge that there is an efficient end-to-end solution to their excess inventory problems. This solution can be entirely tailored to the needs of individual clients and carries minimum risk whilst having the potential to produce revenues of up to 100% of the original value of the excess stock.
CCL operates an open-book policy keeping clients informed about progress every step of the way. Clients receive fast payment for their excess stock which could otherwise continue to gather dust and lose value. The agreement is very flexible as clients have the right to recall their products at any time as well as to route free excess through to CCL as and when required. This allows clients to take advantage of short-term changes in market demand.
“In my 25 years in the industry I have not seen a better way of handling this age old problem. Finally, the client can get on and manage their business happy in the knowledge that they have a professional and financially sound solution in place.”
To find out more about the benefits of CCL’s Consignment Partnership programme contact us via email or telephone:
t: +44 (0) 1404 540300