Excess inventory can become a significant challenge when parts sit on the shelf with no clear path back into the supply chain. Storage, handling, and the ongoing effort to manage all of it can eat up resources that would be far better spent on active manufacturing needs. Resion offers residual inventory solutions designed to help industrial, commercial, and military clients manage material with little or no current demand.
One of these solutions is the Consignment Inventory Program, which provides companies with another way to manage excess or residual electronic components while creating opportunities to return that material to the marketplace.

Tackling the Problems Residual Inventory Creates
Inventory that's stopped moving costs more than what you paid for it in the first place. Storage needs, handling expenses, and capital that's just sitting there tied up all add extra pressure to manufacturing and supply-chain operations.
Resion's residual inventory programs are designed to help clients address these issues by clearing out material with no current demand from existing inventory channels. The company partners with industrial, commercial, and military clients to support improved inventory management and reduce the risks associated with obsolete or underperforming stock.

How Consignment Inventory Programs Make a Difference
Consignment Inventory Programs are one of several tailored options Resion offers for managing residual inventory. The company's residual inventory solutions also include lot purchases, providing businesses with options for managing excess or inactive electronic components.
For businesses sitting on excess electronic components, having flexible inventory-management options makes it easier to determine the right path forward for material that no longer meets current demand.

Getting a Handle on Costs and Resources
Even if it doesn’t contribute to production, managing residual inventory can need care. “Some of the ways non-performing inventory can hurt a business are carrying and handling costs, storage costs, and program funding or overrun costs,” Resion says.
Taking a more structured approach to excess inventory can free up resources that would otherwise go toward unused materials, allowing personnel to refocus on higher-priority operational activities.

Keeping Supply Chains Moving
Managing residual inventory isn't just about reducing storage. Resion frames its programs as a way to shift material between supply chains and recreate demand for inventory that still has a role to play in a product's lifecycle.
This kind of approach can matter a lot in industries where components stay relevant long after demand has faded in their original supply chain.

About Resion
Resion provides residual inventory management solutions for industrial, commercial, and military clients. Services include Consignment Inventory Programs, lot purchases, and other inventory-management solutions. The company also supports the reintroduction of products meeting DFARS and AS6081 standards.
To learn more about Consignment Inventory Programs and residual inventory solutions, visit Resion or call (516) 742-6300.