Got Inventory? Move it on RHOBI!

Posted April 22nd, 2010 by Paula Williams and filed in Business Management, Business Networking, Inventory Management
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Got inventory?One of the effects of the current sluggish economy is that many suppliers are left with surplus inventories.

Some of their customers have gone out of business, others are simply buying less.

These suppliers need to find new outlets for their surplus inventory.

When supply exceeds demand companies need to unload their surplus inventory. The Web, it turns out, has become one of the greatest liquidators of all–whether it’s a truckload of running shoes or a Martian meteorite. The sites that stand out from the rest are those that provide multiple options: auctions, consignment and instant outright sales.

– Drew Limsky, Forbes.com

One very economical way to move your excess inventory is to get listed on an online system that connects suppliers with companies that need these supplies. This used to be done by “word of mouth, ” but many salespeople and company leaders are finding that the people they currently know is too small of a pool.

If many of your contacts are in an industry or a geographical area that has been hit hard by the current economic situation, you may need to venture further and wider to find new contacts.

Online marketing, including social media, is a very cost-effective way to fill this gap. By listing your company profile and listing your inventory by using a system like RHOBI, you can let many companies know what you have and find new buyers.

RHOBI provides many of the features of a traditional inventory management system, while it also provides the means allows users to make certain portions of that information “public” to other companies that are also using the system. It even includes some features like instant messaging (to allow members to answer one another’s questions quickly.)

You don’t have to be a web technology engineer (or even a rocket scientist!) to make this work for your company. We’ll be happy to help you every step of the way.

RHOBI is a new system and we are actively building our network at an exciting pace. More than 60 companies of all sizes are already using RHOBI. Here are a few of them. (You can see the whole list at our Members page.)

Aerodirect Sterline Helicopter Western Aircraft

Mid State Aviation Parts Defense Logistics Agency

If you’re in the market for an inventory management solution, doesn’t it make sense to use something that costs less and offers more?

We’d be happy to talk with you about your inventory management needs. Call Tammy Brown (VP Sales) at 1-903-876-5448 or email tbrown@rhobi.com for a free, no-pressure discussion about how RHOBI can help with your current situation.

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