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Consignly 3PL Software
Christchurch, New Zealand
A
1-10 Employees
2020
Key takeaway
The company, Consignly, offers a platform designed to enhance connectivity and streamline operations for manufacturers, wholesalers, distributors, and 3PL providers. Their focus on intelligent warehousing and next-generation technology aims to improve supply chain efficiency and customer engagement.
Reference
Core business
About | Consignly
With more than 20 years experience in developing software solutions for transport and 3PL operators, our people understand the challenges that the industry faces.
Quick Consign
West Palm Beach, United States
B
1-10 Employees
2013
Key takeaway
Quick Consign specializes in providing digital consignment note services for both hazardous and non-hazardous waste, ensuring a fully compliant and secure means to manage waste documentation. Their commitment to superior client support and a carbon-neutral, paper-free platform highlights their dedication to innovative waste management solutions.
Reference
Core business
Digital Hazardous & Non Hazardous Consignment Notes – Quick Consign
The Competitive Edge Game Plan
Columbia, United States
B
11-50 Employees
2009
Key takeaway
SimpleConsign is a key player in the consignment industry, offering technology that streamlines operations and facilitates millions of consignment and resale transactions globally. Their robust inventory management system provides essential features for efficiently overseeing consignment processes, which can lead to increased profitability and business growth.
Reference
Product
SimpleConsign-Consignor-Central | SimpleConsign
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Consolidation Shipping & Logistics PVT Ltd.
Karachi Division, Pakistan
E
51-100 Employees
1988
Key takeaway
Consolidation Shipping & Logistics offers a wide range of integrated logistics solutions, including specialized sea and air freight services, ensuring competitive pricing and high-quality service. Their expertise in customs clearance further enhances their capability to support industrial consignment needs effectively.
Reference
Core business
Consolidation Shipping & Logistics
Consol Solutions
Thane, India
D
11-50 Employees
-
Key takeaway
The company is an integrated logistics service provider with a strong commitment to handling all types of consignments. They emphasize their rich experience and specialized processes, ensuring competitive rates and reliable services for their customers.
Reference
Core business
About us :: consoln
We bring the rich experience and specialized processes to handle all types of consignments, offering competitive rates as well as reliable services to our valuable customers. With our efficient and dedicated team of qualified professionals we ensures that our customers get the best-in-class services for their investment. And that's the reason of...
Pros Logistics JSC
Thu Duc City, Vietnam
D
11-50 Employees
-
Key takeaway
The company, GMS, offers a comprehensive range of logistics services, including freight forwarding and customs brokerage, which are essential for effective industrial consignment. Their expertise in cross-border transport and various delivery options ensures timely and efficient handling of both international and domestic shipments.
Reference
Service
Service1 - ProsLogistics
Beverage Industries
Cheraw, United States
B
11-50 Employees
1980
Key takeaway
Beverage Industries specializes in the consignment of surplus assets, particularly processing, packaging, and bottling equipment for the food and beverage industries. Their services include appraisals, surplus asset management, and plant liquidations, ensuring a quality buying environment for clients.
Reference
Service
WAREHOUSING & CONSIGNMENT – Beverage Industries
CONSOLIDATED SERVICES LTD
Hull, United Kingdom
A
11-50 Employees
-
Key takeaway
Consolidated Services offers a comprehensive range of solutions, including warehousing and storage, which are essential for effective industrial consignment. Their dedicated team ensures efficient inventory management and a seamless relocation process, making them a reliable partner for businesses in need of these services.
Reference
Service
STORAGE AND INVENTORY SOLUTIONS - Consolidated Services Ltd
WAREHOUSING AND STORAGE Vast purpose built warehouse Industry-leading facilities and procedures Highly skilled staff with relevant product knowledge Cleaning, testing & polishing services where required Listing & wrapping services on site before transportation & storage Flexible service to
ECB Worldwide Transport Inc.
Philippines
D
11-50 Employees
1995
Key takeaway
EMBRADO CUSTOMS BROKERAGE specializes in customs brokerage services, offering import and export cargo facilitation and documentation. Their experienced staff ensures high-quality service, making them a trusted partner in the warehouse industry.
Reference
Product
Warehouse Industry – ECB Worldwide Transport
Contrans Container Line Pvt Ltd.
New Delhi, India
D
11-50 Employees
2001
Key takeaway
The company, Contrans Group, specializes in transport and logistics solutions, offering services such as sea and air freight forwarding, road transportation, storage, and distribution. Their customer-centric approach and commitment to maintaining long-term relationships ensure competitive rates and high satisfaction in the freight forwarding industry.
Reference
Service
Custom Clearance – Contrans Cargo
Technologies which have been searched by others and may be interesting for you:
Industrial consignment refers to a business arrangement where goods are placed in the possession of a third party to sell on behalf of the owner. In this model, the owner retains ownership of the products until they are sold. This approach is commonly used in various industries, allowing manufacturers and suppliers to expand their market reach without the need for upfront capital investment by the consignees. Typically, consignment agreements outline the terms of sale, including pricing, duration of the consignment, and how profits are shared. This method benefits both parties as it provides sellers with an opportunity to showcase their products while minimizing risk, and buyers gain access to inventory without significant financial commitment.
Industrial consignment involves a contractual agreement where a supplier places their goods in the possession of a retailer or a third party, allowing them to sell these items on behalf of the supplier. The supplier retains ownership until the goods are sold. This arrangement benefits suppliers by reducing inventory costs and risks, while retailers gain access to a diverse range of products without upfront investments. When a sale occurs, the retailer takes a predetermined percentage of the sale price as a commission, with the remaining amount returned to the supplier. This model fosters collaboration between suppliers and retailers, ultimately aiming to optimize inventory turnover and enhance cash flow for both parties.
1. Cost Efficiency
Utilizing industrial consignment can significantly reduce upfront costs for businesses. By obtaining equipment and supplies on consignment, companies can conserve cash flow since they only pay for items once they are sold or used.
2. Risk Mitigation
This model minimizes financial risk associated with inventory. Companies can avoid the burden of unsold stock, as they are not required to purchase items outright before knowing their demand.
3. Flexibility and Variety
Industrial consignment provides access to a broader range of products without long-term commitments. Businesses can experiment with new tools and materials, adapting their inventory based on real-time needs and market trends.
4. Improved Cash Flow
With the ability to defer payments until the items are sold, companies can maintain healthier cash flow. This can allow for reinvestment in other areas of the business, fostering growth and expansion.
5. Inventory Management
Consignment arrangements often include support from suppliers in managing inventory levels. This collaborative approach helps ensure that businesses maintain optimal stock without overcommitting financially.
Various industries utilize industrial consignment to optimize inventory management and reduce costs.
1. Manufacturing
Manufacturers often rely on industrial consignment for raw materials and components. This approach allows them to maintain production without the burden of upfront inventory costs.
2. Aerospace
The aerospace sector benefits from consignment services for specialized parts and equipment, ensuring critical components are available without significant capital investment.
3. Automotive
In the automotive industry, consignment is used for spare parts and accessories, providing flexibility and efficiency in managing supply chains.
4. Construction
Construction companies utilize consignment for tools and materials, enabling them to access necessary supplies on-site without tying up funds in inventory.
5. Healthcare
Healthcare facilities often employ consignment for medical supplies and equipment, ensuring availability while controlling costs.
By leveraging consignment, these industries enhance operational efficiency and financial flexibility.
When entering into Industrial Consignment agreements, several critical factors warrant consideration.
1. Terms of Consignment
It is essential to define the specific terms, including the duration of the consignment, pricing structures, and payment timelines. Clarity on these points helps prevent misunderstandings and ensures a smooth transaction process.
2. Responsibilities of Parties
Both parties should understand their obligations regarding inventory management, shipping, and handling. Clearly outlining these responsibilities can minimize disputes and ensure that goods are handled correctly throughout the consignment period.
3. Risk and Liability
Determining who bears the risk of loss or damage to consigned goods is crucial. The agreement should address liability issues, including insurance requirements, to protect both parties in case of unforeseen circumstances.
4. Termination Conditions
The agreement should include provisions for termination, outlining the conditions under which either party can end the consignment relationship. This ensures that both sides have a clear exit strategy if necessary.
5. Pricing and Payment Terms
Establishing how and when payments will be made is vital. This includes pricing arrangements, potential discounts, and any fees associated with the consignment, ensuring transparency in financial dealings.
6. Compliance and Legal Considerations
Both parties must adhere to relevant regulations and industry standards. Addressing compliance issues in the agreement can safeguard against legal complications in the future.
Some interesting numbers and facts about your company results for Industrial Consignment
Country with most fitting companies | United Kingdom |
Amount of fitting manufacturers | 4515 |
Amount of suitable service providers | 8999 |
Average amount of employees | 11-50 |
Oldest suiting company | 1980 |
Youngest suiting company | 2020 |
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Some interesting questions that has been asked about the results you have just received for Industrial Consignment
What are related technologies to Industrial Consignment?
Based on our calculations related technologies to Industrial Consignment are Heat Exchangers, Hydraulic & Pneumatic Systems, Industrial Reactors, Industrial Packaging, Industrial Filters
Which industries are mostly working on Industrial Consignment?
The most represented industries which are working in Industrial Consignment are Logistics, Supply Chain and Transportation, Other, IT, Software and Services, Consulting, International Affairs and Trade
How does ensun find these Industrial Consignment Suppliers?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.