Our goal is to help customers increase their profitability by allowing us to remarket and sell their inventory so they can recover what would have been lost revenue.
St. Petersburg, Fla. (PRWEB) October 10, 2012
America II Electronics, Inc., one of the world’s largest independent distributors of semiconductors and electronic components, announces its new Inventory Business Group. This 40-person team is responsible for partnering with OEMs and contract manufacturers to develop custom inventory programs that address each company’s unique business needs. While excess inventory options have been offered at America II for more than 15 years, the company has enhanced its programs and restructured its team to provide business solutions designed to assist customers with the financial aspects of their inventory levels.
For years, America II has had proven marketing channels to move a customer’s excess product, backed by one of the largest sales forces in the independent channel. Through its inventory management programs, customers have access to the Member Services online portal which allows them to view the live status of any consigned inventory, all sales activity and any recovered revenue. Now, the new Inventory Business Group is playing a more strategic role.
“We have years of experience providing assistance in managing inventories that provide our customers cost-saving and revenue-enhancing solutions,” said Bob Gruber, director, Inventory Business Group at America II. “For OEMs, the revenue recovery on their excess inventory equates to an increase in profit margins – they’re losing less money so profits go up. So the Inventory Business Group is not in the excess inventory business, it’s in the financial management business. Our goal is to help customers increase their profitability by allowing us to remarket and sell their inventory so they can recover what would have been lost revenue. In addition, they can eliminate carrying costs and redirect money to invest in other areas of growth.”
With the launch of the Inventory Business Group, America II has put a renewed focus on customized inventory programs. In one case, the company put together a creative and unique trade-in program where the customer consigned excess inventory to America II. The OEM then used the recovered revenue to purchase new parts – not having to put any money out-of-pocket. Through this program, revenue recovery combined with cost savings provided by the America II sales team further increased the customer’s profitability.
“We source parts directly from nearly 400 manufacturers, we offer authorized lines, and we have a purchasing department that sources components from thousands of approved vendors,” said Gruber. “While we’re managing your excess inventory, why not let us procure the parts you need? You’re essentially trading in your excess in exchange for new parts.”
On the managed services side, America II is offering new services as a strategic method for OEMs to improve their operations and efficiencies. If an OEM is prepared to collect excess inventory from its EMS partner, there is typically a tremendous amount of work involved in the process.
“Even if that inventory is not being consigned to America II, the Inventory Business Group can offer inspection services to the OEM,” said Gruber. “We will thoroughly analyze the excess inventory, checking for shortages or damaged product, and report the results. By outsourcing this task, the customer can rely on a company that has dedicated resources and two decades of experience. We will ensure they’re reclaiming accurate parts.”
To learn more, contact America II Electronics at (800) 767-2637 or visit http://www.americaii.com.
About America II Electronics:
Established in 1989, America II Electronics, Inc. is one of the world’s largest independent semiconductor distributors. Headquartered in St. Petersburg, Florida and with offices in the UK, Germany, China, Japan, Singapore and Mexico, the company stocks active, passive and electromechanical components from 1,900 manufacturers, while providing value-added services and inventory solutions from its ISO 9001:2008 and ESD-certified 420,000 square foot North American distribution facility. With nearly four billion components in stock and ready to ship, America II has one of the largest inventories in the industry.