Recovering Value From Excess Inventory
In the electronic components industry, an excess market arises when the supply of a product surpasses demand, causing lower value and faster delivery. This “buyer’s” market occurs when there is an oversupply of unneeded components. The definition of “excess inventory” has shifted due to rapid technology changes, with shorter periods now considered surplus. Swiftly selling surplus electronic components is critical to retain their value in this dynamic market.
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