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Clearance stock ­ How does this work? Would you like to find out more on the stock clearance supply chain? Here are more details on  how this works:  Also   known   as   the   reverse   supply   chain,   the   process   of   stock   clearance   represents   the   process   of   management   (collection,   upgrade,   disposal,   reselling   and   logistics)   of   all   categories of  ‘secondary’ inventory:  ­ Slow moving surplus stock (new unsold products) ­ End­of­life and obsolete stock (unsold old model products) ­ Manufacturer first and second choice products (rejected on the production lines because of   substandard design features) ­ Refurbished (customer returns or products displayed on store shelves that have been tested  and restored technically and aesthetically)  ­  Raw   returns  (retail   products   returned   by   end­users   within   return   policy   terms   and  conditions) ­ Used products (previously sold and put in used products, may present clear signs of use) The stock clearance reverse supply chain usually starts from manufacturers’ and resellers’  need to dispose of large quantities of unsold consumer goods, of their recurrent raw customer  returns and of obsolete stocks created by industry innovations and by changes in consumer  demand trends.  Brand   manufacturers   and   retailers   usually   work   with  dedicated partners for the disposal of their clearance stock  that  is re­sold  in  wholesale on  the  secondary  market  or is  recycled.  Companies   like   for   appliances   and   DIY  tools or Anovo for multimedia devices, handle both upgrading  of   raw   returns   (by   professional   refurbishing   and   repair   of  faulty products in  ISO accredited facilities) and  reselling  of  surplus   stock  to   their   network   of   international   wholesale  buyers and traders. The different types of clearance stock are then sold in local markets to  clearance resellers and retailers.  In   some   cases,   depending   on   the   suppliers’   network   of   distribution,   retailers   and   local  resellers can buy clearance stock directly from these dedicated wholesale suppliers, which  gives   these   small   businesses   a   great   advantage   on   the  deals and the potential margins they can make from selling  surplus stock to end­users, in outlet­type stores and on big  e­commerce platforms like Finding great clearance stock deals worldwide is especially 

possible thanks to the development of the online environment. On the web you can find online   trading businesses that offer various quality services for retail businesses in search of good  suppliers   of   clearance   stock.   These   services   start   from   contact   sourcing   and   business  development,   to   online   publishing   of   buying   and   selling   leads,   promotion   of   stock  opportunities and of other companies’ services and online purchasing of surplus stock in bulk.  To give you some examples, international online marketplaces (e.g. allow buyers  and   sellers   in   the   stock   clearance   industry   to   find   stock   opportunities,   connect   and   start  remote business relationships; online auction websites (e.g. allow resellers  and   suppliers   to   publish   their   own   offers   online   and   sell   them   through   automatic   bidding  systems; big stock clearance companies (e.g. have their own e­commerce   platforms where buyers can buy surplus stock by pallets or by truckload. 

Clearance stock - How does this work?