Selling of obsolete stock

obsoleteReducing obsolete inventory is often a struggle, scrapping the parts is a waste of money and resources - but to whom to sell of the inventory?

MAG45 actively runs programs to help our customers to sell obsolete stock using a variety of channels:

  • An obsolete part at one site is not always obsolete part for another. Using our virtual stock pooling we are able to identify other customer sites that still need your obsolete items.
  • Sell inventory to other MAG45 customers.
  • Return parts to the original supplier supported by back to back agreements .
  • Use traders or brokers to sell obsolete parts.