One of Australia’s biggest retail department stores had slow moving stock. They were looking to recover full value of the stock.
Active purchased the stock at its original list price using Trade Credit. The Trade Credit issued to the Department Store was three times the assets fair market value.
Active remarketed the stock through a market sale.
Active then identified with the client’s areas of their procurement spend to utilise their Trade Credit which best fitted with their business requirements.
The client was then able to use this as part payment towards a number of their procurement areas, particularly media and freight.
The Department Store was able to realise full value for the stock by receiving the full market value of the stock.
They were able to use a Trade Credit to deliver value in a number of their procurement areas.
Delivering to the client better returns on excess stock and driving value back into the business in key procurement areas.
- The client realised the full value of their excess stock
- The client was able to use their Trade Credit to deliver value in a number of their procurement areas.
- Generated profit from the sale of the slow moving stock.