At Cyndtek, we specialize in effective inventory management for electronic components, offering a range of services designed to maximize your returns while minimizing excess stock. Hereโs how we can help you streamline your inventory:
We accept all types of components, from individual board-level parts to finished goods. Our marketing strategy is tailored to reach the right customers, whether itโs through our e-commerce platform to eBay and through paid national distribution networks.
To ensure optimal sales, all board-level components must be new and unused. While factory reels are ideal, we can also market partial reels when necessary. The closer the component is to its original unopened condition, the faster the sale.
We work with inventory of any size, meaning thereโs no minimum quantity needed to start the process.
Outright Purchase: We begin by creating a detailed spreadsheet listing your part numbers, manufacturers, quantities, and date codes (if available). This information is sent to global inventory buyers, providing you with insights into current market values and potential bids. You have the option to accept bids from bulk buyers, and if you do, we handle everything from shipping to payment.If bids come back low or there are no offers, we recommend one of two options:
(list Excess)We can list your parts for sale on our various paid and unpaid websites. As orders come in, weโll contact you for pricing. If a buyer accepts, we send you an order for the item, and you cover shipping from your facility to ours. However, this method may result in slower sales as these items will be listed as brokered inventory.
For the highest return on investment, we recommend shipping your components to our California or Georgia locations for consignment. This option frees up your inventory space and allows us to list your products as stock inventory, placing them at the top of the listings. We handle all aspects of product presentation, including pricing, photography, & descriptions. Youโll receive a 50/50 split on sales revenue, while maintaining control over your inventory. If needed, any items can be shipped back to you for production.
Our warehouses are ESD-safe and climate-controlled, ensuring the integrity of your components. We cover all additional costs related to ESD materials, labor, packaging, shipping, and storage. You will have the flexibility to adjust pricing and offers, with the option to retrieve any or all of your products as needed.