Asset Valuation Challenges
“I am concerned that my inventory might be over-valued. It would be great if I could monitor my parts and be alerted when there are price changes.”
“As the CFO, I would like to know we have visibility to our excess inventory. And I need to know its value in today’s market, not our original purchase price.”
The cost pressures of the global economy mean that your company needs to save every penny possible to achieve profitability. But if you maintain an inventory of electronic components, chances are you are sitting on significant potential losses or gains.
Rapidly accelerating supply and demand cycles, prompt product changes, production shifts and end-of-life cycles all add up to fast obsolescence and costly inventory write-downs. Add Sarbanes Oxley compliance to the mix, and the challenge increases.
Finding market value for your excess inventory is difficult, maybe impossible, without an automated system that gives you visibility into the global open market on a part-by-part basis.
New Momentum's Asset Valuation module provides--visibility into the global, open market on specific parts, giving you accurate, current market prices.