Excess inventory is one of procurement’s most persistent inefficiencies - tying capital to parts that decline in value daily. A strategic approach that converts surplus into cash or usable credit can restore working capital and reduce waste.

Why excess happens (and why timing matters)

Destocking cycles, changing BOMs, and demand swings leave OEMs with inventory that’s costly to hold. Quick market intelligence and active liquidation prevent steep depreciation.

How Excess Genie creates value

Excess Genie assesses marketability, finds buyers, or converts inventory into Part Genie Credit for future buys - recovering value instead of letting parts rot in storage.

Pricing strategy and escrow protection

Use staged pricing, market windows, and escrow arrangements to protect both seller and buyer. Summon’s network and verification reduce the trust friction that often slows excess trades.

Sustainability and e-waste reduction

Responsible selling and channeling excess into refurbishment or secondary markets reduces e-waste - an increasingly important corporate responsibility and regulatory requirement.

 Excess inventory doesn’t have to be a recurring expense - with the right marketplace access and verification, it becomes a working capital tool. Excess Genie helps companies recapture value and reduce lifetime inventory risk.