Today, there are many businesses across New Jersey that are predominantly ecommerce retailers, although they may also have brick and mortar locations. As a consequence, inventory may be held in 3rd-party warehouses or distribution centers where it is shipped out to customers across the globe. This is especially true for companies that are smaller.
Read More »One of the many recurring themes among business clients that partner with Ideal Trading on the excess inventory liquidation needs is the fact that every other potential solution to maximizing return on that inventory is at best a guess. The first thing that we say to new client is that when you sell to us, your excess inventory will bring a specific return so that you can fiscally plan for inventory moving forward.
Read More »While excess inventory can ultimately impact a manufacturer’s bottom line, they often resort to high-overhead marketing promotions, rebates, or complete inventory write-offs to deal with it. Inventory in manufacturing is a dependent variable based on the inputs of many factors including: demand and demand variability, supply lead time and lead time variability, supply chain design, manufacturing capabilities versus customer purchase characteristics, transportation modes, and desired service levels. With such a confluence of variables, excess inventory is bound to happen from time to time where a supply chain or market correction is not evident on the horizon.
Read More »Bankruptcy auctions for manufacturers can be highly varied as each manufacturer is different, which is true even in the same vertical. Machinery and equipment Appraisals bring their own special challenges, which must be dealt with early in the process.
Read More »When a business goes bankrupt, inventory liquidators must have the experience and the contacts to be capable of obtaining the highest return. This experience and the broad industry contacts for liquidation will also determine the firm’s ability to deliver the highest value to the company declaring bankruptcy when buying their inventory. While there are many avenues and buyers that can be tapped by a skilled liquidation company, there are three primary profiles of inventory buyers that can be tapped. This of course depends on the nature of the inventory to some degree.
Read More »Business liquidation can be a stressful time for a lot of reasons when you’re closing a business, so it’s in your best interest to have a detailed plan of execution to make the process more trouble free. The need to maximize your return and recoup as much money as you can is certainly a major aspect of inventory liquidation that can make the aftermath of closing a business much easier in terms of settling any debts. Here are five tips that can help make the business liquidation process simpler and less stressful.
Read More »Today, there are many situations where a business needs to liquidate assets and inventory where an auction is part of the process in recovering the highest return. For trusted New Jersey liquidators, liquidation via auction has proven to be a highly effective means of moving more expeditiously through assets for a business. Just as every business’ assets and every business are different, so too is every auction. Consequently, leading liquidators may use a mix of strategies for the auction process to suit the specific needs of each individual business and its assets.
Read More »It’s been nearly impossible for other businesses to notice the bankruptcy filing of Sports Authority as reported in a recent Bloomberg news article. Although the recent bankruptcy of the country’s largest sporting goods chain has seen a steady tick in buyers for its onsite bankrupt inventory sales, it’s no model for the majority of businesses facing bankruptcy and inventory liquidation. For many businesses, their much smaller size, name brand recognition, and a host of other factors are things that make bankrupt inventory liquidators the best choice for liquidating inventory.
Read More »There are a wide variety of reasons that a business would be in a position to sell excess inventory ranging from location consolidation, unsold holiday merchandise, and a number of others. The major question that most businesses have is whether they have the resources to sell it on their own or if they need the support of a professional inventory liquidator. At Ideal Trading Corporation, we partner with businesses of all sizes in all types of business verticals who are looking to liquidate inventory. The reality is that they understand that the inventory is really just money that is tied…
Read More »When people think of liquidation they often think of bankruptcies, but in the retail sector these can consists of store liquidations, product liquidations, or both. While businesses in the retail sector may have avenues for dealing with product liquidations, they often turn to a skilled liquidation company for store liquidations. There are many reasons why businesses liquidate stock ranging from customer returns, “shelf pulls” and “warehouse pulls” of products that for different reasons come back into their warehouse. The largest of these businesses have detailed systems in place for liquidating the stock quickly and at a premium return. While large…
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