About Seller
Our seller is a renowned producer of metals encompassing mining, refining, smelting, power generation, etc., and has been emerging to be a global player in the mining and metal business.
Seller Pain Points
The vendor was not able to consume the current inventory because of the plant closure.
The seller came to us with the inventory, where the major list consists of MRO (Maintenance, Repair, and Operations) spares without knowing the direction on how to get out of their facility.
How does Goospares help?
Goospares strategy has made products more visible to relevant buyers and as a result the inventory was sold in a period of 6 Months and the realization percentage is around 34.5%.
How Goospares helped in CO2 Emission Control
Industries are now operating at their fullest effort in reducing carbon footprints. And Goospares has been tirelessly working with its “Circular Economy” model, educating the importance of excess inventory and influencing buyers around the world to invest in the same.
Do you know the production of the above-Sold inventory was responsible for 11.4 MT of CO2 Emission? And Goospares has just kept the seller away from scraping it and the buyer away from buying brand new products again resulting in the emission of more CO2.
Note: Numbers represent are approximate and interpreted from the source recyclingtoday.com
Summary
- 60% realization value for major inventory items for seller
- Liquidation of inventory in a period of 6 months
- 53.2% Profit Margin for buyers
- 11.4 MT of CO2 emission controlled through this liquidation