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This is a question often asked, “what is industrial surplus?”
When considering industrial equipment, supplies, and inventory, then industrial surplus can be defined as extras: seldom used equipment or supplies, excessive inventories and/or warehouse products? Industrial surplus can be defined as items that your company no longer needs or wants.
Some examples of industrial surplus and how industrial surplus is created:
- A company product line changes and now there is equipment, scrap metal, or machinery that is no longer needed.
- A company over produce items that now just resting as unused inventory
- A company decides to close its business will generate industrial surplus — equipment, machines, fork lifts, etc.
- A company purchases new equipment and now has to dispose of old equipment is no longer equipment
Some examples of industrial surplus items:
- Forklifts, Pallet Lifts, Lift Trucks
- CNC machines, Lathes
- Valves, Fittings
- Scrap metal
- Light Fixtures, Electrical Equipment, Circuit Breakers, Electrical Panels
- Excess Inventory
- Generators, Motors
Industrial surplus is any and all items that a company no longer needs or wants.
Many companies can turn industrial surplus items into cash/revenue by contacting an industrial surplus company.
- Re: Surplus Equipment? (eevblog.com)
- Tips in Purchasing Surplus Electronics Parts (electricalcomponentsblog.wordpress.com)
- Recycle the Scraps: Produce a Greener Environment (scrapmetalenfield.wordpress.com)