SmithTrade, our exclusive online marketplace, provides a secure and easy solution for buying, bidding on, and selling excess components, peripherals, and equipment. Our flexible and customisable online marketplace efficiently and effectively matches your surplus inventory or demand with verified buyers and sellers. All transactions on SmithTrade are thoroughly evaluated by Smith’s commodity experts, and all products undergo our comprehensive inspection and testing process to ensure order accuracy.
“Surplus inventory has been an ongoing struggle for companies across every industry, and Smith has spent the past 40 years helping our customers find easy and effective strategies to manage their excess,” said Marc Barnhill, Chief Executive Officer at Smith. “The addition of SmithTrade to our comprehensive suite of supply chain solutions allows us to better serve our global partners.”
Sell on SmithTrade
Unpredictable market shifts can leave your excess electronic components sitting in a warehouse, losing value. SmithTrade can help you generate new revenue and recoup the value of your surplus inventory. As a trusted leader in the industry, SmithTrade’s secure deals are backed by Smith’s terms and conditions. Set your prices, sell when it suits you best, and easily update your excess lists and watchlist as your needs change. Use our customisable watchlist to track upcoming demand and enjoy tailored support from your dedicated SmithTrade account manager.
“Smith’s expertise in matching supply and demand across the global electronics landscape is unparalleled,” said Mike Pursley, Chief Revenue Officer at Smith. “Our SmithTrade™ platform is one of many tools we utilise to address excess inventory challenges and create balance in the supply chain.”
Buy on SmithTrade
SmithTrade’s auction-style platform helps you stay under budget for the electronic components you need to complete your build. Our flexible purchasing options and best-in-class quality assurance provide a seamless and efficient user experience. Gain real-time visibility into global inventory levels and view thousands of excess parts from approved sellers. All sellers are thoroughly validated through our stringent supplier-approval process to ensure product meets your specific requirements.
“SmithTrade’s watchlist feature provides exclusive access to real-time market information,” said Jennifer Kabbara, President, Americas at Smith. “Stay up to date on pricing trends to help you make informed procurement decisions and buy when conditions are most favourable.”
This article originally appeared in the Jan/Feb issue of Procurement Pro.
