Teleplan and FreeFlow announce Partnership for excess inventory
Schiphol (Amsterdam), the Netherlands 6 June 2012 – Each year, billions of dollars in excess inventory creates a massive bottleneck in the global supply chain, with the electronic and wireless segments contributing significantly to the problem. The ripple effect of this excess inventory is staggering. Consequently, Teleplan has developed a solution to this multi-billion dollar issue.
In partnership with FreeFlow, Teleplan is now offering a global solution for the strategic disposition of at-risk inventory. According to Patrick Ring, Chief Sales & Marketing Officer for Teleplan, ”Working with FreeFlow enables us to enhance our end-to-end after-market services, helping our customers maximize their product lifecycle.”
“Excess inventory, whether end-of-life, refurbished or overstock, is a massive problem but also a huge opportunity. We are able to help companies move these assets off their balance sheet, reducing cost while increasing revenue,” said Alan Scroope, CEO, FreeFlow.
Using a patented IT infrastructure, Teleplan and FreeFlow provide a 24/7, real-time, customized marketplace requiring no IT integration. These private e-commerce sites can either be branded or unbranded and allow companies to sell excess inventory at auction or at fixed or minimum pricing. Additionally, channel controls can be put in place to ensure product does not affect current market relationships. The proprietary system delivers real time metrics and market intelligence by customer, by regional demand, and by product, enabling supply chain managers more effective control and visibility into their excess inventory.
“We are now offering the highest margin, tightest control option for disposition of excess, active inventory. This is a one-click solution to the unsold inventory problem,” added Ring.
About Teleplan International N.V.
Teleplan International N.V. is one of the leading global providers of high-tech end-to-end after-market services and provides total lifecycle care solutions for the world of Computers, Communications and Consumer Electronics (“3Cs”). The lifecycle care concept ranges from simple repairs to the most sophisticated technological and electronic solutions. Headquartered in Amsterdam/Schiphol, the Netherlands, Teleplan currently operates from 24 sites in Europe, North America, Asia and Australia with approximately 5,300 employees.
For further information please visit: www.teleplan.com.
About FreeFlow
Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including repeat recognition by Deloitte in their Best-Managed Companies competition in 2010, 2011, and 2012, the Supply & Demand Chain Executive 100 and the Ruban d’Honneur European Business Award for Information and Communication Technology Effectiveness in 2009. Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California. For more information, visit www.FreeFlow.com.
