Has your company considered buying or selling industrial surplus for the first time in the last few months? You’re not alone.
A lot of our customers consider buying and selling secondhand components as part of a regular business day. But for some, it’s new territory. The last year created supply chain issues for components like PCBs. This limited how fast manufacturing line upgrades could happen, regardless of social distancing needs. As a result, purchasing agents have expanded the scope of how to fix problems.
We thought it would be a good idea to write a quick guide to clear up confusion on the questions we hear most frequently. Even if you’re not a customer of ours (yet) we hope this will help you understand the process of buying and selling parts.
Industrial Surplus: What is It?
Before we get too far into this, let’s give a good definition of what industrial surplus means.
Continue reading “Industrial Surplus: What You Need to Know”
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