Electrical liquidators are like the one-stop shop for all your electrical needs. They act as a bridge connecting buyers and sellers. They can be considered as electrical surplus buyers who sell the electrical products at highly competitive prices. If you don’t partner up with them, you would be missing out on numerous benefits. In this article, we will address four such benefits.
- Risk Protection
Most of the manufacturers have minimum order quantities which require installers and resellers to purchase the products in pre-defined minimum number, store it and prepare it for transport, whenever required. This process usually comes with an inherent risk. For instance, if the module prices drop, then the inventory in the warehouse would be worth less than the amount you would have paid for it, which puts the buyer at risk. The impact would be multifold if you have to cancel some jobs, which means you would have to sell the product at a loss.
When you tie up with consolidated electrical distributors, the product would be ordered only when the job is contracted and it would be shipped directly to the job-site. It makes it a simpler and safer option. Moreover, it is cost-effective as it would reduce your warehouse requirements, prevent against lack of inventory and minimize time spent on logistics. Since you won’t be needing the staff to manage purchasing, receiving, warehousing and shipping, it would bring down the personnel costs as well.
- Receive Valuable Market Guidance
The electrical industry is growing at a rapid pace and is sensitive to policy changes — which means that keeping up with the latest knowledge pertaining to market opportunities and unexpected challenges can be difficult. An electrical liquidator is someone who stays informed of the current market conditions through webinars, workshops, training or e-mail updates. They share the knowledge of sales opportunities, latest market trends and relevant legislative information with you.
- Buying Power
When you need to purchase electrical surplus and warehouse it, the distributors would benefit from the economy of scale. This secures the vast amount of product for the lowest cost possible. When you throw in teams dedicated to negotiating the lowest-possible prices, you can enjoy more cost-effective warehousing, product-testing and shipping. All this results in high-quality products with extremely competitive prices.
- Easy Material Handling
Regardless of how experienced or careful your staff is, there might be shipping errors and delivery of goods might be delayed due to unforeseen reasons. Material handling would become much easier if you team up with an electrical cable liquidator. If you need some materials urgently, for instance, contracted customers like schools and hospitals that come with stipulated times and conditions, the liquidator ensures that the electrical maintenance is performed as per the required standards, on time. You do not have to worry about dealing with last minute requirements, transportation, etc., as it will be taken care of by the liquidator.
Choosing the right electrical liquidator helps you maintain electrical surplus inventory, with a promise of high-quality goods and services.