What is excess liquidation?

sunitha chandran
2 min readAug 20, 2019

--

Liquidation generally refers to the process of selling off a company’s inventory, typically at a big discount, to generate cash. In most cases, a liquidation sale is a precursor to a business closing. Once all the assets have been sold, the business is shut down.

excess inventory liquidation

About GooSpares

Goospares is a new business which will use the web to bring the sellers and buyers of unused, slow moving and non-moving inventory (Inventory in the form of finished goods, idle plant and equipment, raw materials & work in progress and MRO spare parts) that are held as stock for long time by the business.

INDIA’s First E-Commerce B2B Platform For Unused, Excess Industrial Spare Parts

An online excess inventory marketplace that connects buyers and sellers. An easy to use platform that offers the complete solution for your NMI stocks with real-time market analysis and trends.

excess inventory — mro spares
Photo by Samuel Zeller on Unsplash

Buy & Sell Spare Parts Online — Best Opportunity To Get Up To Half Price Off For MRO Products

A smart and easy way to buy and sell your MRO spare parts online. We deal with the most reliable industrial brand and meet your requirements for all MRO categories. Big Savings on bulk orders!!

A New Concept Has Emerged | Companies Now Can Generate Money Through Excess Inventory

Generate revenue from your excess inventories now!! This platform liquidates your surplus industrial spare products and enables the right buyers to explore. Earn your money back by registering online and fix the excess tail spend.

A Wide Range Of Industrial Spares. Great Deals At Your Finger Tips!

India’s leading B2B E-commerce marketplace of industrial supplies. Make your industrial shopping easier than ever with Goospares. Browse for the catalog and bag best deals online

--

--