Chip 1 Exchange

Excess Management

Chip 1 Exchange offers a number of standard solutions for inventory management and reduction. Below are four of our most popular programs, however, we are always open to designing a custom solution that better meets the requirements of your business.

Lot Buy:

 This solution is for customers that would like to sell their entire excess inventory at once and remove the product from their books, warehouse etc.

Consignment inventory:

 You would send us a list of the product you would like to remove from your inventory. We would then market the product worldwide through our vast network of customers and Internet based sites. We presently have tens of thousands of customers in our database and we will market the product to this extensive list of customers. This is a slower approach than the first solution; however, in some cases it may yield a better return for you.

Line buy:

 In this option you would send us a number of items that you would like to remove from your inventory. We would then bid on each line item separately.

Customer in-house-consignment:

In this solution you would keep the inventory in your warehouse and we would market the product as we would in in option number two above.