Excess stock occurs due to various factors such as deviations in market demand planning or unplanned changes in product life cycles as well as unused buffer stocks.
CHIPS.AC eliminates ongoing burdens such as warehousing costs, capital commitment, administration costs or insurance costs and simultaneously offers extremely promising sales opportunities – even for products at the end of their actual life cycle.
Electronic waste worth 16 billion dollars gets annually dumped into landfills and preventing that is of such high importance to us that we decided to dedicate a whole new branch to this cause. CHIPS.AC finds customers for your excess stock through our international sales channels and global partners, while also focusing on reducing the impact on nature.
We then place the goods for sale, on our own website CHIPS.AC, various other online platforms and exclusively via our global partner network. Prior to this, of course, the market is analyzed and evaluated automatically via our artificial intelligence in order to offer an attractive price for the potential customer.
If a prospective customer is found, we handle the sale of the goods completely autonomously. The achieved margin is divided between you – our client – and ourselves by means of a profit split.
Our model of outsourced excess stock management automatically implies several additional services besides increased focus on environmental support. You benefit from enormous advantages regarding storage costs and capital commitment, since expenses only accrue when we sell parts of your excess stock. Further administrative costs, including insurance costs, are also minimized without any additional risks.
As soon as your goods have been dispatched to us, the subject matter is settled for you as the customer – we take care of all further steps completely autonomously. Sales results are automatically conveyed via monthly settlement of the goods sold.
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