America II Founds Inventory Business Unit

Independent component distributor America II Electronics has launched a new Inventory Business Group.

It has formed a 40-person team to partner with OEMs and contract manufacturers to develop custom inventory programmes that address each company’s unique business needs. While excess inventory options have been offered at America II for more than 15 years, the company has enhanced its programs and restructured its team to provide business solutions designed to assist customers with the financial aspects of their inventory levels.

“We have years of experience providing assistance in managing inventories that provide our customers cost-saving and revenue-enhancing solutions,” said Bob Gruber, director, Inventory Business Group at America II. “For OEMs, the revenue recovery on their excess inventory equates to an increase in profit margins – they’re losing less money so profits go up. So the Inventory Business Group is not in the excess inventory business, it’s in the financial management business. Our goal is to help customers increase their profitability by allowing us to remarket and sell their inventory so they can recover what would have been lost revenue. In addition, they can eliminate carrying costs and redirect money to invest in other areas of growth.”

By launching the Inventory Business Group, America II says it is putting a renewed focus on customised inventory programmes.

The company has already put together a trade-in programme where the customer consigned excess inventory to America II. The OEM then used the recovered revenue to purchase new parts – not having to put any money out-of-pocket.

“We source parts directly from nearly 400 manufacturers, we offer authorised lines, and we have a purchasing department that sources components from thousands of approved vendors,” said Gruber. “While we’re managing your excess inventory, why not let us procure the parts you need? You’re essentially trading in your excess in exchange for new parts.”

On the managed services side, America II is offering new services as a strategic method for OEMs to improve their operations and efficiencies. If an OEM is prepared to collect excess inventory from its EMS partner, there is typically a tremendous amount of work involved in the process.

“Even if that inventory is not being consigned to America II, the Inventory Business Group can offer inspection services to the OEM,” said Gruber. “We will thoroughly analyse the excess inventory, checking for shortages or damaged product, and report the results. By outsourcing this task, the customer can rely on a company that has dedicated resources and two decades of experience. We will ensure they’re reclaiming accurate parts.”