A new online service offers substantial savings advantages to industrial distributors of cutting tools.
Do you have a significant surplus inventory sitting on hand doing nothing but depreciating? It doesn’t make financial sense to continue to hold on to old inventory that will never be used or sold, but there are few options for distributors to liquidate unused supplies besides selling for minimal compensation through scrap metal dealers or online auctions. This creates a difficult situation for industrial cutting tool distributors looking to maximize profits and minimize losses.
Get Direct Access to Potential Buyers with ToolingMarketPlace.com
Thankfully, there is now a new option that easily puts distributors in contact with a marketplace of potential buyers. ToolingMarketPlace.com connects buyers and sellers of cutting tools. Through the website, distributors can sell surplus inventory directly to buyers and end users. This provides distributors with a significant opportunity to recuperate surplus costs that normally would have been written off at bottom-dollar.
The process is simple. Distributors register with ToolingMarketPlace.com and are able to easily post any surplus inventory they wish to sell. These listings are then instantly available to a marketplace of potential buyers looking for cutting tools. Transactions through the website are secure so both the seller and the buyer can have peace of mind about the legitimacy and security of the sale and payment information.
Additional Benefits to Cutting Tool Distributors
Selling surplus inventory is not the only benefit ToolingMarketPlace offers industrial distributors. The website is also a valuable resource for companies who want to offer integrated supply or commodity management programs. This is because it allows industrial distributors to provide brands they may not represent. Traditionally, companies would have to either purchase the supplies from another distributor, or register as a “site specific” supplier in order to be appointed as the commodity manager or integrator. Now, thanks to ToolingMarketPlace.com, industrial suppliers can purchase the necessary tools directly from other suppliers at discounted prices. Rather than having to pay new retail prices, buyers can take advantage of other distributors’ surplus inventory and get the tools they need at a more profitable price.
Quit losing money on surplus inventory and spending more than necessary on customer-specific purchases. Turn these losses into profits and make your customers happy at the same time! Rarely does an opportunity this great come along, and now is the time to take advantage of it. Learn more about this unique marketplace online at ToolingMarketPlace.com.
Industrial Surplus Solutions, Inc. strives to be the industrial community’s premier online resource by building a marketplace that serves as a hub for buying, selling, marketing and exchanging products, ideas and information in the industrial community. Our mission is built on the foundation of our values; honesty, integrity, social responsibility and ethical business practices, which distinguish us and guide our actions. We value our customers, and deliver on our promises, in an effort to create sustainable growth in the industrial community through our services and solutions. Our combined leadership brings over 100 years of industrial experience. www.toolingmarketplace.com is just the beginning.