Introduction
An American multinational corporation contacted us because they needed someone to manage a distribution center liquidation. These jobs often have a tight turnaround time, and the clients depend on their decommission team to hit milestones in a timely manner to avoid unnecessary costs. In this case, the customer’s distribution center contained selective pallet racking and also needed pallet rack liquidation assistance.
In a time-sensitive situation, Conesco was able to facilitate the distribution center liquidation ahead of schedule and sold the client’s the pallet racking quickly for more than $1M. The client was extremely pleased with Conesco’s expertise, speed, project management and ROI on the project.
Situation
Our customer needed to complete their distribution center liquidation within forty-five days and included this inventory:
To complete this job to a superior standard and on time, it required:
- Outstanding Project management
- Freight trucks for material removal
- Precision Dismantling
- Bolt removal/grinding
- Coordinated Stacking
- Banding
- Truck loading of racking and other materials with complete BOLs filled out
- Facility broom swept and cleared of all material, debris, and trash
Execution
The team at Conesco knew just who to hire to get the job done quickly, and the labor crew worked so quickly that the client had to pay to take a one-week pause to catch up with inventory removal from the pallet rack shelving. Conesco provided the labor services to teardown, stack, band, load trucks provided by Conesco, and broom sweep the facility for the next stage of the tenant exit process.
Additionally, Conesco purchased the client’s selective pallet racking for over $1 million, which maximized the value to the company and reallocated funds to core operational activities. The team at Conesco had the network and resources to capitalize on market conditions and high demand to purchase well above the typical $700-$800k market range.
Results
Within 30 days, Conesco safely tore down, stacked, banded, and loaded flatbed trucks from the premises. Within the same time frame, the team facilitated the pallet rack liquidation, selling the entirety of the customers’ racking inventory to four different customers in search of quality used pallet racking.
The team at Conesco was able to locate materials customers quickly because of their extensive network within the warehouse and materials handling industry. The pallet rack customers benefitted from significant cost savings that were a result of reduced freight costs and deciding to move forward with Conesco’s warehouse layout drawing services and labor services for pallet racking installation.
Bottom Line
Conesco’s experience stands out because if the ability to coordinate the right labor to quickly perform a distribution center liquidation. Beyond labor, Conesco’s turnkey services ensure that warehouse materials are bought and sold at fair market prices, ensuring that everyone involved gets what they need in a timely manner and cost-effective manner.
Need help with your distribution center or pallet racking liquidation? Call the experts at Conesco at 303-690-9591 or request a consultation.
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