Newchip recovers the value of your excess inventory by maximizing your potential return.
Lot buys offer you a quick way to move excess inventory off your warehouse shelves and your balance sheets. Under this model, Newchip buys your inventory lot outright and can assist with shipping and packaging of your excess.
Consignment offers you an opportunity to free up warehouse space and receive the greatest return on investment for marketable excess inventory. Depending on your preference, consigned inventory can be stored at Newchip’s ESD-safe warehouses in Houston, Amsterdam, or Hong Kong. Once consigned, Newchip will market and resell inventory and ship product direct from stock. Profits are shared at an agreed-upon percentage.
Newchip’s Non-Consigned Inventory Sales Model allows you to maintain ownership of your inventory and continue daily warehousing responsibilities while your inventory is marketed to Newchip’s vast network of potential buyers. Both our consignment and non-consignment solutions benefit from Newchip’s aggressive direct-marketing model.
Determining the current market value of excess inventory requires component knowledge and market expertise. Experts in supply sources and market values, our Commodity Managers provide analysis of excess lists to measure resale potential and identify the best strategy for asset recovery. Hybrid programs involving elements of lot buy, consignment, and non-consignment sales programs can be customized to meet your specific needs.
Newchip matches buyers and sellers by utilizing longstanding relationships with major electronics OEMs and EMS providers and up-to-the-minute market knowledge. Our traders upload excess lists into our internal database and market them all over the world using strategies such as cross-selling, part-number linking, product-application identification, and industry mapping.