Industrybuying’s New Ecommerce Platform to Clear Excess Inventory

Industrybuying's New Ecommerce to Clear Excess Inventory
Rahul Gupta, Co-Founder,

Ecommerce B2B platform has launched a B2B inventory liquidation ecommerce platform.

The platform lists excess inventory from industrial and B2B manufacturers and OEMs on a monthly basis and puts it online to be sold to customers all over India announced the press release. Industrybuying provides nationwide delivery to fulfill these orders.

It is estimated that upto 10-15% of manufacturers’ inventory gets classified as “dead” or “obsolete” and needs to be liquidated to release cash. Most OEMs implement end of month or end of quarter schemes to clear this excess inventory and make way for newer products and models.

The company has over 3000 products under its “Hot Deals” Inventory liquidation program, and is adding more every day.

Rahul Gupta, Co-Founder,, commented, “Our focus is to address every gap in the industrial B2B space via ecommerce – Excess Inventory is a relevant and large component of the B2B story that has not been addressed before. Our aim is to provide the fastest liquidation possible to manufacturers and the best prices to customers so it’s a win-win for everyone.”

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Most Popular

The Red Mark has been established as a news portal to act as a conduit between the booming startup economy and the established, traditional players. Today's startups are tomorrow's small and medium business or large enterprise and we believe that no one can afford to be an island; if both work in tandem they can learn a lot from each other.

Contact Us

Address : 570, first floor, sector 22B , Gurgaon - 122015

Contact No. : 0124-4377494

For Any Query Please write below

Editorial :

Advertisement :

Subscribe to Our Newsletter

Copyright © 2016-2017 The Red Mark. All Rights Reserved.

To Top