Love is in the air in the electronics manufacturing industry!
To celebrate Valentine's Day, Component Sense is playing matchmaker, connecting tier-one electronic manufacturers with the perfect excess and obsolete (E&O) component stock solution.
Meet InPlant™
Age:
Over 23 years in the making and continuously evolving to meet your supply chain demands.
Location:
InPlant™ operates from within your warehouse. You can choose to have a trained Component Sense operative on-site or train your own team to manage the process.
Looking for:
Serious, long-term, committed partnerships with tier-one OEMs (original equipment manufacturers) and EMSs (electronics manufacturing services).
Job title:
A unique and highly profitable way to redistribute excess electronic components.
Interests:
- Reducing electronic waste (e-waste) in the electronics sector
- Promoting a circular economy
- Helping electronic manufacturers generate an effortless revenue stream
- Optimising warehouse space
Anthem:
- ‘Easy Money’ by Billy Joel.
- ‘The Logical Song’ by Supertramp.
- ‘Chain Reaction’ by Diana Ross.
Instagram:
https://www.instagram.com/componentsense
Zodiac sign:
Virgo (logical, systematic, and efficient)
About me
Hi, my name is InPlant™, and I am here for a good time AND a long time. I am a one-of-a-kind E&O inventory solution looking for tier-one electronic manufacturers that need help managing their surplus stock. Did you know that a company’s E&O component stock typically holds a value equivalent to 10% of its overall revenue?
By combining intelligent software with Component Sense’s 23+ years of industry expertise, I identify surplus electronics parts at the earliest possible stage, seamlessly using standard reporting from material requirements planning (MRP) systems for real-time insights.
By redistributing excess components earlier, I help manufacturers recover 100% of the cost price and, in some cases, generate additional profit.
Here are just a few reasons why InPlant™ is the perfect match for tier-one electronic manufacturers:
Safe, secure, and transparent
Your inventory data is private and confidential. Like all Component Sense redistribution models, InPlant™ ensures security and complete transparency. InPlant™ utilises standard reports from your MRP system, and our online portal provides complete visibility throughout the sales process. Non-disclosure agreements are also available.
Another key benefit of InPlant™ is that your stock stays in your warehouse until sold on the secondary market. Should your production priorities change, you can retrieve and use surplus components. If you prefer, it can also be arranged to store your E&O offsite locally during redistribution.
Effortless returns
InPlant™ is an automated system, meaning effortless redistribution for you. Leveraging decades of market data and real-time insights, InPlant™ ensures your stock is sold for the best possible price. Expert insights from our sales team also influence pricing to ensure you achieve the best possible returns. The sales portal updates in real-time as stock is sold, including key performance indicators (KPIs) to track success.
Components are a depreciating asset. InPlant™ helps parts sell early to consistently achieve a positive purchase price variance (PPV) by ensuring they reach buyers of electronic components at the right time. You also avoid having to write off stock or even pay disposal fees in the future.
Preventing e-waste
Sustainability is now a key pillar of corporate responsibility. Reducing waste is a significant part of this, as e-waste is the fastest-growing solid waste stream in the world. By choosing InPlant™ as your E&O solution, you can rest assured that you are choosing one of the most ethical methods to reduce e-waste in your supply chain and promote circularity.
In addition to ensuring that perfectly usable components are put to their intended use rather than ending up in landfills, InPlant™ prevents unnecessary transport of parts by keeping your E&O stored locally in your warehouse until they are sold.
Freeing up warehouse space
Optimising warehouse space directly impacts profitability. Do not let surplus electronic components take up valuable shelf space. InPlant™ maximises resale opportunities, freeing up space for high-value components and new projects.
By taking control of your E&O inventory, you also minimise or eliminate insurance, labour, and storage costs associated with unwanted stock. These costs can add up quickly, and addressing them proactively can have a significant impact on your bottom line.
Want to get to know InPlant™ more?
While some other options on the market offer a quick sale for just 5-10% of what you originally paid for the parts, InPlant™ is a partnership for the long haul. Utilising market-leading technology and Component Sense’s 23+ years of experience, we help you recover the full cost of your excess stock, and sometimes even more by matching your stock with electronic component buyers.
InPlant™ is trusted by tier-one OEMs and EMSs worldwide. It could be the perfect solution for more effectively managing your E&O stock.
Will you swipe right?