At Auckland International, we specialise in helping businesses realise the value tied up in excess and redundant electronic component stock. A recent project provided an excellent example of just how significant that value can be.

Our customer had a substantial quantity of redundant electronic components that were no longer required by the business. With no obvious internal use for the stock, the components were destined to be scrapped. Instead, Auckland International was given the opportunity to find buyers for the inventory.  The result? £380,000 worth of excess stock was sold rather than scrapped.

Turning Redundant Stock into Revenue

Excess electronic components can accumulate for many reasons. Changes to production schedules, cancelled orders, product redesigns, inaccurate forecasts, minimum order quantities and discontinued product lines can all leave businesses holding components they no longer need. Over time, this inventory can be regarded as having little or no value. It occupies valuable warehouse space, ties up capital and creates an ongoing stock management burden. Eventually, businesses may decide that disposing of it is the simplest solution.

However, surplus components that have little value to one company may be exactly what another manufacturer is looking for. Auckland International has extensive experience in the electronic components market and a global network of customers and contacts. This enables us to identify opportunities for excess and obsolete components that may otherwise be difficult for the original owner to sell.

Better for the Environment

There is also an important environmental benefit. Electronic components require raw materials, energy and resources to manufacture. Scrapping perfectly usable components wastes much of that embedded value and can create unnecessary waste. Finding a new customer for those components extends their useful life and returns them to the supply chain. It is a practical example of how good inventory management can support the principles of the circular economy.

Do You Have Excess Electronic Components?

If your business has redundant, obsolete or excess electronic components taking up valuable warehouse space, don’t assume that scrap is the only option.  We can assess your surplus inventory and use our extensive industry experience and international network to identify opportunities to recover its value. As this £380,000 result demonstrates, the value hidden in redundant stock can sometimes be substantial.

There’s more about how we turn excess stock into cash here.