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Magellan evaluates and pays cash for inventory on a line item or lot basis when a client has an immediate need for asset recovery. This disposition method typically results in a relatively lower return on investment (ROI) than a shared revenue solution. However, competing client considerations such as control, complete inventory disposition, and/or rapid financial settlement may, at times, override ROI considerations.
Magellan will: evaluate a client's excess inventory list, submit a bid based on a fair market valuation, submit a purchase order (upon client acceptance of the bid), and arrange for inventory transfer to a Magellan facility. Line item purchases can often be arranged same-day; lot purchases, in as few as 72 hours.
Client Benefits:
- Fastest reimbursement of all inventory management solutions
- One-time transaction with no long-term involvement
- Solution encompasses entire excess inventory lot (or line)
- Minimizes/eliminates scrapping costs.
If you are interested in selling inventory on a line item or lot basis, please contact a Magellan Excess Inventory specialist at (617) 399-7900, Ext 212, or email excessinventory@magellandc.com.
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