 |
|
|
| Press Releases |
Greenwoods Cuts Through
Surplus Stock - 7th November 2002
| |
|
|
| Outsourcing portfolio now
includes cost-cutting stock management service. |
|
|
|
|
 Greenwoods
Communications, the UK's leading independent telecoms services company,
has extended its outsourcing offering with the announcement of its
new Surplus Stock Management service. The service has been designed
to assist carriers and OEMs in the management and disposal of excess
and obsolete equipment, thereby reducing storage and handling costs.
The service will see Greenwoods Communications take management of
customer's surplus stock, which will then be either re-sold or recycled,
with any revenue generated being shared with the customer under a
gain share agreement.
During the telecoms boom, inflated expectations of market growth led
to the stock piling of materials needed for anticipated network roll
out plans. However, following the slump, many carriers and OEMs found
themselves with large stores of products that they would never use.
This stock ties up capital both in un-realised value and storage,
but with telecoms companies having to concentrate on core services,
they lack the resources to deal with it. By outsourcing the management
of this stock to Greenwoods, companies can enjoy cost savings and
revenue returns on their superfluous assets in an environmentally-conscious
way.
"Carriers and OEMs have built up huge stock piles of
materials that are now surplus to requirements," said Geof Groom,
surplus equipment centre manager, Greenwoods Communications. "This
stock not only takes up expensive storage space, but much of it has
a potential re-sale value. In many cases, firms can have several million
pounds worth of value tied up in redundant stock, so it makes sense
to try and convert this obsolete inventory into revenue. The problem
is that following recent cost cutting operations, telcos haven't got
the manpower or the focus to do this - that's where Greenwoods comes
in."
"The Surplus Stock Management service enables firms
to outsource their materials management function to Greenwoods, which
increases efficiency while allowing them to concentrate on their core
business objectives," continued Groom. |
| <
Back to archive list |
|
| |
 |
Notes
to editors
Greenwoods Communications
is one of the UK's leading independent providers of custom-built
solutions for telecom network operators and OEMs. The company
supplies the major OEMs, network operators, mobile operators
and cable TV companies with a complete range of modular services,
including outsourcing of procurement and logistics, network
installation and de-installation, and custom design and manufacture.
Customers include Alcatel, Cable & Wireless, Easynet, Fibernet,
Flag Telecom, Global Crossing, Nokia, Nortel Networks, NTL,
Orange, Thus and T-Mobile. Greenwoods is actively involved in
building DSL and 3G networks throughout the UK and currently
employs 400 staff.
Client Contact:
Steven Roberts
Greenwoods Communications
Tel: 0845 2262327
e-mail: sroberts@greenwoodscomms.com
|
| |
|
| |
|
|
|
|
