Surplus Goods (Liquidation Goods) Industry
The process of selling off surplus goods inventory is often called liquidation. This process is typically undertaken when an asset has become a hindrance to the corporation’s balance sheet. Most corporations liquidate surplus inventories to get the best return that they can. Many large corporations have found that by using a barter exchange, these surplus goods can be turned into credits which can be used to offset the cost of their expenses, while allowing the corporation to conserve their cash reserves. The surplus goods (liquidation goods) and the barter industry are often very closely interrelated.