Helping a toy company get greater value from surplus inventory
Situation:
A leading manufacturer of kid’s ride-on toys was left with an inventory of high end scooters well into the peak holiday season – which would be difficult to sell-in next year. The wholesale cost of the inventory exceeded $1.6 million.
Solution:
Trade X Partners was able to quickly remarket the inventory to client approved channels just prior to year end… enabling the company to avoid a loss and receive full wholesale value for the inventory.
Results:
Client received $1.6 million in restored value through trade credits being used to fund a range of goods and services including ocean freight, sales meetings, POS and printing. Trade credit usage is be expanded to include planned media.