Machine Compare, the B2B marketplace for industrial equipment, has now added e-commerce to its mix, following the successful soft launch of its spare parts platform, Marketplace.
DS Smith, Stora Enso, Nestle, JBS, Ülker and UCIC are among the growing list of manufactures showcasing unused, obsolete and surplus stock via the e-commerce platform. This model is an interesting proposition for the manufacturing industry.
Over 15 multi-national manufacturers have partnered with the Marketplace to sell surplus inventory, taking the number of individual brands, including spare manufacturers and sector specific OEMs on the website, to over 260. Offering over £7m worth of product lines across electrical and mechanical spare part categories like semiconductors, capacitors, circuit protection, bearings, bolts and gears, Marketplace provides a dedicated channel that enables brand equity to be maintained when clearing stock, whilst also identifying new revenue streams by turning surplus spare parts into capital.
