Our client, a national furniture retailer found themselves with a challenge with returned product, needing a sustainable monetisation solution.
Hilco designed a solution which has become an ongoing arrangement, delivering a sustainable long-term solution for the client.
The client’s needs for management of returns include:
A complete ‘take-all’ approach to the inventory.
A commitment to handling inventory in a sustainable and responsible manner.
Ability to work with stock from multiple sites with multiple stakeholders on site.
A partner with capability to manage the process end to end on an ongoing basis.
Ability to operate to short and strict lead times on collection of stock.
An immediate cash solution in the purchase of the inventory.
Hilco APACs unique ability to deploy capital in the purchase of bulk parcels of stock, in addition to capability in managing logistics end to end provided our client an ideal solution as an ongoing basis.
With Hilco’s vast buyer network and auction platform, we believe there is value in all assets, and avoid disposal channels that contribute to landfill.
Hilco purchases the stock on a take-all basis, ensuring that the client has an integrated solution.
The work delivered by the Hilco APAC team directly assisted the corporation to maximise the borrowing base, through its deep understanding of the industry, asset class and risk concerns of the Lender.
Hilco, in providing an integrated solution, has delivered a repeatable process, and a collective no-landfill approach to remarketing the furniture.
the Asset Smarter way
Have an excess, obsolete or returned stock challenge? Talk to us.
Rochelle has forged a career as a Retail inventory specialist over 18 years across auctions, marketplaces, eCommerce and Retail, locally and internationally. Having worked for both high growth start-ups and Australia’s largest retail corporations, Rochelle has seen the myriad of challenges faced by Retailers in complex inventory environments.
As Director, Wholesale at Hilco Global, Rochelle translates this expertise in buying, sourcing and trading, offering clients strategies that can be deployed immediately in solving inventory challenges at scale.
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