Managing Your Excess
Managing and forecasting your requirements is an imperfect science. With new technologies constantly being released, existing parts being discontinued, consumer demand switching on a sixpence or Mother Nature wreaking havoc, contending with excess stock is a problem that all companies are likely to have to contend with at some point. As these leftover inventories start to age, its value to your business begins to rapidly depreciate.
For over twenty years, Cyclops has been helping companies and businesses with their excess inventories. We have a dedicated division whose core business is helping our partners overcome the problems associated with this surplus stock.
The leftover stock that is a drain on your resources may not hold much commercial value to your company, but we are specialists in realising equity in redundant components.
Our specialist team will happily look over your inventory, provide you with an estimate of the stock's value and discuss the best solution to manage your surplus lines moving forwards.
Should you choose to work with Cyclops' Excess Inventory division, you will enter a partnership with a company that has a long history of handling excess stock, from small manufacturers and large international distributors alike.
We understand the drain that excess inventories can have on your company and we ensure that this will be kept to a minimum.
What do we do with your excess components?
We can offer you a number of selling options.
Each has their own unique benefits and can be tailored to suit your own company's need and stock quantity.
Where to send your excess stocklist
If all of this sounds good to you, then email your stocklist over to our team straight away.
Alternatively, call our head office on +44 (0)1904 436 444
What is End-Of-Life Stock?
End-of-life (EOL) refers to parts that have reached the 'end of their production life'. This normally occurs when the component manufacturer decides to cease production and identifies a final date for OEMs and CEMs to place orders.
After the cut-off point, the parts will enter obsolescence.
What is Obsolete Stock?
Once a component has stopped being manufactured completely, then the part becomes obsolete.