Obsolete Raw Materials or Finished Goods

Manufacturing and Converting companies often find themselves with obsolete inventory to deal with. When confronted with obsolete inventory, these companies need strategies to manage and minimize losses effectively.

In certain cases, companies may try to liquidate obsolete inventory by selling it to liquidators or through discount channels. This enables the recovery of some value from the inventory; however, selling to liquidators can often result in these materials winding up in the hands of industry competitors.

In cases where obsolete inventory cannot be salvaged through liquidation, companies may opt for disposal and write the materials off as a loss. This method entails a significant financial hit and isn’t the best environmental solution.

Overall, companies must carefully weigh obsolete inventory strategies to mitigate losses and seek to achieve the most favorable environmental and economic outcome.

IWS’s solutions provide revenue, eliminate costs associated with disposal, free up valuable space, and mitigate the accounting of unusable assets that commonly trigger year-end excise tax obligations, further affecting the bottom line.

With IWS as a trusted partner, companies gain access to tailored solutions designed to meet their unique needs. Our customized approach ensures optimal results, empowering companies to achieve their obsolete materials goals while enhancing efficiency and profitability.