How can electronics manufacturers and service providers recover the most possible value from surplus inventory? That’s the topic of a new podcast available on the Converge website.
The market for electronic components can change quickly, leaving companies with an excess amount of material no longer required. In a Q&A session focused on how to avoid big financial losses on unneeded materials, Converge supply chain expert Scot Hennessey, an industry veteran, answers important questions such as:
- How quickly does surplus inventory need to be addressed?
- What are the differences among the various surplus value recovery models?
- What can companies do to prepare for surplus inventory before it even happens?