Wednesday, September 18, 2013

The Benefits Offered By Surplus Chemical Buyers

The Benefits Offered By Surplus Chemical Buyers

By Dawn Williams


One of the fundamental endeavors of a product handling, manufacturing and distribution company is to cut down on idle stock. This is not very easy, and due to various inevitable factors, redundant and surplus products will be present. The next hurdle is the actual disposal of these items. Fortunately, surplus chemical buyers are on hand to purchase the redundant stock.

One of the primary sources of excess chemicals is order cancellation. After a client makes the order, then fails to collect for a number of reasons, the company has to find ways of disposing it. The specificity of some chemicals sometimes makes it harder to resell to other clients. This is where the excess chemical purchasers come in handy. They will handle the collection from your industry then dispose of it as they deem fit.

Another reason for presence of excess materials is expiry or discontinuation of products. When such happens, the company seeks to recover the expenses as well as make some money out of it. Industrial chemicals will usually have a different use elsewhere. This saves the company from the losses associated with disposal.

If a company has redundant stock at hand, the main challenge is to seek the right buyer. Fortunately, the purchase of such products has caught on, with numerous companies getting on board. Simple networking can source the right party to collaborate with. Typical purchasers include similar companies that use the products in their operations, and companies that purely deal with purchase and resale of such products.

Benefits abound for the company selling the chemicals. The primary one is the disposal of redundant stock. This greatly reduces the costs associated with inventory, storage and handling. It also opens up space for more profitable products.

A well-established purchaser has a streamlined system of transport facilities and skilled personnel. Most will collect the materials from the warehouse. The cost of transport befalls the buyer. This means that the seller is well saved from the expense.

Public awareness on proper materials and chemical handling has grown over the years. The result is a number of tough policies governing their handling and clearance. Gone are the days when haphazard disposal was the norm. These days, hefty fines and lawsuits abound for any careless company. A registered and well-equipped buyer thereby comes in handy in the collection and disposal. The seller is then able to concentrate on other aspects of their business.

The surplus chemical buyers usually purchase the chemicals at a lower price than the current market rate. This allows them to cover the transport plus redistribution costs. This is also beneficial to the seller. The arrangement allows them to make money from otherwise redundant stock. The money so gained is then used to pursue ventures that are more profitable. To be on the safe side though, both parties should be duly registered, insured as per the set rules and regulations.




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