Surplus stock buyer & seller for Electronic components
It gives us extraordinary delight to present our organization “ Pro Yard Technologies” as one of the greatest Excess Inventory Buyer and Stockiest of Electronic Components with an encounter of numerous years in this field. Pro Yard Technologies has been buying excess inventory for over 30 years. We help manufacturers balance their inventory levels and are happy to entertain buying complete lots. Pro Yard Technologies is privately held, with significant cash resources available for opportunistic buys. Call us with your excess electronic inventory or factory overrun situations and we’ll help you solve it quickly and hassle-free.
Pro Yard Technologies has buy & sell electronic component inventory from the following product categories:
Integrated Circuits (ICs)
Sensors & Transducers
Discrete Semiconductor Products
Connectors & Interconnects
Inductors, Coils, and Chokes
Memory Cards, Modules
Fans & Thermal Management
Motors, Solenoids, Driver Boards/Modules
Crystals and Oscillators
Potentiometers, Variable Resistors
Optical Inspection Equipment
Cables, Wires – Management
Discrete Semiconductor Products
Also deals in : Laptops & Accessories, Mobile Phones, Components & Peripherals, Telecom & amp, Mobility Accessories, Tools & Hardware, Scanners & Accessories, Desktops, Lights, Internet server & Networking Devices, Electronic Appliances, Audio & Video Tools and CCTV Cameras.
SELL EXCESS OR OBSOLETE ELECTRONIC COMPONENTS
In the world of Electronic Manufacturing we find no two businesses are the same. For this reason, Pro Yard Technologies have created several different strategies that can be further customised to suit your company’s aims and objectives when disposing of excess or obsolete stock.
Whether you are a $10M single site company or a multi-billion dollar Global organization we have a solution that is right for you.
Selling Excess and Obsolete Stock
Did you know that electronic manufacturing companies have at least 1% of turnover / revenue tied up in excess or obsolete stock? When we first highlight this to a company director, they typically don’t believe it. Initially it seems like a crazy figure, how could a well-managed company possibly have that much excess or obsolete stock? Usually it takes only one or two phone calls from the director to confirm that we are underestimating the value of this stock. Many companies have as much as 5% of revenue tied up in useless stock! Think what that equates to in terms of profit if you could turn it back into cash?
We have been managing excess and obsolete stock for some of the largest manufacturing companies in the world for over 30 years now. In this time we have learned some invaluable lessons on supply chain management. We have numerous examples in the “case studies” section below that highlight some of the common occurrences we see when visiting and working with our clients. The key here is to accept that this is a truth that needs action. You are certainly not alone.
Excess and obsolete is part and parcel of manufacturing. None of us operate in a perfect world. Forecasts are really best guesses and however scientific your system or process there are always unforeseen circumstances that can catch you out.
We have designed a solution to better manage this inevitable cost to your business.
For some companies Out-right purchase is the preferred option for a fast clean sale. If this is your preferred option we guarantee to respond quickly to your request (usually within 24 hours) with a cash offer. We can normally have your stock collected and off your hands in 48 hours or less!
Outright Sale of Excess or Obsolete Electronic Component Stock
We want to buy your Surplus or Obsolete Electronic Components
- We are happy to provide a cash offer when appropriate. We believe we pay the best prices in the industry for job lot buys. Our offers range from 3 – 15% depending on the age and type of stock (Based on multiple line, multiple commodity lists). Some individual items could return much more.
- Most Electronic Component Brokers will “Cherry Pick” the best of your stock and leave you with all of the “less desirable stock” that no one wants taking up space in your warehouse. We bid on all of your stock and uplift the whole problem for you.
What are the benefits?
The number one benefit of the outright purchase option is that you get rid of the stock quickly and get the cash back in to your business. Many accountants and finance departments prefer this because it gets the products off the books cleanly. Some very large companies choose this option as they have already provisioned for the loss on the stock.
Why partner with Pro Yard Technologies for an outright sale?
“We can bid on your stock within 24 hours and have it uplifted and paid for in 48 hours” Divakar Motwani, Director of Pro Yard Technologies
- Honesty and Integrity are cornerstones of our business culture.
- We will appraise your stock and submit a bid within 24 hours and can usually uplift within 48 hours where ever you are in the World.
- We focus on building lasting relationships that evolve and strengthen over time.
- Integrity and mutual benefit, win-win cooperation
- More than 30 years in the electronics industry, High-cost recycling your excess inventory
- Fast evaluation, offer & removal of your stock into cash
- Professional Expert Valuation Let your inventory sell at the ideal price
Preparing your stock list for an outright bid
- In simple terms as long as we can identify the Manufacturers part numbers and quantities then feel free to send us a list of your stock. If you can draw your cost prices from your system it speeds up the process for us to value the stock.
- We have a bespoke pricing system that will value the stock quickly and accurately using the millions of prices we have collected over the last 30 years. Occasionally there are parts that cannot not be found so if you have prices it helps us to fill in any blanks in terms of value to make sure you are getting the most you can for your stock.
- Any further information you can give us on date codes or the last-time-buy date will give us an indication of how old the stock is too. Also if you know whether the product is compliant with the Restriction of Hazardous Substances (RoHS) it can increase the offer we can make.
A guide to our valuations
The highest prices are paid for current stock, less than 18 months old. This is because many large companies, particularly EM( Electronic Manufacturing) companies will not accept stock over 2 years old. If your stock is less than 18 months old it gives us a small window of opportunity to sell into this market.
For slightly older stock that is also RoHS compliant our bid will be in the 10-15%. For an outright buy the more data you can give us the better the offer.
If you send us a very basic list we have to assume the worst case scenario that the stock is very old and non-RoHS compliant therefore your bid will be low. Any stock buyer will apply similar principles to the bidding process so any work done on your list will be rewarded with better offers from whoever you send it to. It is worth doing a little bit of work and getting the information correct.
If the product is not RoHS or over 10 years old then the bid will tend to be lower and near the 5% range.
Don’t have the resources to catalogue your stock?
You do not need to stock check the product as that is a huge amount of work and this puts a lot of companies off selling obsolete and excess stock. Pro Yard Technologies has a very efficient process for stock checking so we can take that burden from you. All you need to do is ship the stock to us and we will take care of it for you. Once we have catalogued your stock for you we will make a cash offer or consign the stock for you.
“Don’t beat yourself up for inaction, action now is the key” Divakar Motwani, Director of Pro Yard Technologies
It is common for companies to sit on stock for years and years. We often visit companies that have sat on stock for 10 to 15 years and finally get to a point where there is no room in their warehouse and they are falling over it. When this much time has passed identifying the stock becomes a huge job which further delays action.
Still seems like too big a job?
Get in touch with us and we will help you get started. The first step is the hardest, we will carry you through to the end.
BUY Electronic Components WITH CONFIDENCE
When you buy electronic components from Pro Yard Technologies you can relax in the knowledge that we can protect you from counterfeits. We offer our unique “100% Anti-Counterfeit Guarantee” because we only source product from large Electronic Manufacturing companies that have very high levels of safety built in to their supply chain process. Most of our stock is traceable back to the original manufacturer giving unparalleled levels of confidence. We don’t stop there! All of our warehouse staff are fully trained in counterfeit detection and have access to all the latest equipment to ensure that every item we sell is of the highest possible standard.
All of our stock is sourced from high quality Franchised, OEM and EMS companies. We further protect our customers by applying all the latest recognised anti-counterfeit techniques as well as proprietary techniques we have developed in conjunction with Herriot Watt University in Edinburgh.
Everything we sell comes with our legendary no argument 100% money back guarantee.
At Pro Yard Technologies quality begins with caring. We truly care about our customers and genuinely care about your business. We strive for the highest standards in everything we do. We have a sense of responsibility which permeates throughout the whole business. Quality is literally built into every stage of the process.
Our systems are designed with quality in mind. ISO standards are great, but we go much further than that. Our system captures, monitors and manages every single interaction with our customer. We have servers all over the world collecting and managing data that help us deliver a superior quality of service far surpassing any ISO standards. Continuous Improvement is a way of life here at Pro Yard Technologies. If any individual in the business has the slightest issue with any part of the process they are working on, they raise it in real time for our innovation team to come up with a fix. We have invested hundreds of thousands of dollars on our system because we demand standards that are not achievable with an off the shelf package. Our culture is represented by three pillars; Service, Honesty and Quality built upon a solid foundation of systems and processes. This ensures our customers consistently receive exceptional service with every interaction.
The quality of components begins with the source. Many brokers are buying from franchise to protect their customer, this really limits your ability to get the best prices. If your broker is buying from franchise and adding a margin there is only so much that can be achieved. We want to bring you fully traceable stock at prices that you cannot get in the normal market place. We are selling excess for some of the biggest companies in the world with quality built. We know exactly where the stock has come from and have full traceability back to the manufacturer. In almost every case our suppliers are buying direct from companies like Fairchild, Microchip and Analog Devices etc. so the traceability is transparent. We have enormous confidence in the quality of our stock however, we do not take this for granted. We still have very high anti-counterfeit procedures and employ highly trained personnel in anti-counterfeit detection techniques.
Our confidence in the product we sell is so high that we give an industry leading, full 12 days, no quibble warranty. We are always happy for a customer to return stock for any reason at all, provided the stock matches the photographs and lot codes we capture and is within the 12 days warranty period. This is a warranty that few others cannot provide.
Contact Us :
Address : LGF-28, Ansal Fortune Arcade, Sector -18, Noida-201301, U.P (India)
Phone : +91-9711125266, +91-9953807005
Email : [email protected]