FreeFlow Expands Channel Strategy For Excess Inventory With Andlor Partnership
FreeFlow, a recognized global leader in inventory asset management services, recently announced a strategic channel partnership with Andlor, a provider of reverse logistics software for manufacturers, distributors and third party logistics providers. The partnership pairs FreeFlow's award-winning solution for dispositioning returned, excess and obsolete inventory with Andlor's growing roster of customers that depend on its technology to manage the end-to-end process for returned products in the reverse logistics pipeline.
Traditionally, OEMs view reverse logistics for returned goods as a cost center, a necessary evil of doing business. Today, FreeFlow and Andlor are proving that by pairing reverse logistics software, which tracks and monitors returns with a fully hosted auction solution, with strategic business services, which dispositions the returned inventory, manufacturers can instead create a new revenue stream. Returned products that once sat idle or were recycled, because of the lack of a simple but strategic process for reselling the inventory, now are auctioned through the channel mechanism appropriate to the condition, status, and location of the inventory.
"Enterprises depend on FreeFlow to extract the highest possible value for their excess inventory. We provide the research and business services that identify the best market and the highest price that our customers can command for their inventory," noted Alan Scroope, FreeFlow's CEO. "A channel partnership with Andlor highlights the importance of an established process to not only track returned inventory but to strategically liquidate the products with the most strategic group of buyers globally."
"Our customers are looking for an easy way to recover value from their returned inventory. They are focused on the new products in the pipeline, and they simply do not have the time to think about excess and obsolete inventory," noted Paul Rupnow, Andlor's Director of Reverse Logistics Systems. "FreeFlow provides an opportunity for OEMs to transform that inventory into real revenue by finding the best channel for liquidation and bringing a unique market of buyers to the table for each auction."
With FreeFlow and Andlor Systems together, companies that are serious about turning their Reverse Logistics Department into an efficient, best-in-class process, now have a clear-cut choice in the marketplace.
FreeFlow has proven to be a top supply chain partner by addressing its customers' need to disposition aging or end-of-life finished goods and components, wherever those products are located. The company's branded and anonymous auctions provide a private forum where only approved brokers can view and bid on a company's inventory. Auction and 'member privilege' dynamics are deployed to improve bidding performance, returning higher recovery rates on all goods. FreeFlow's inventory asset management solution is utilized in the high-tech, automotive, consumer package goods, telecommunications, and apparel industries. With its auction platforms, detailed market analysis and related business services, FreeFlow provides a low-cost, high recovery alternate channel for excess and at-risk inventory in all stages of the product lifecycle.
About Andlor
Andlor Logistics Systems, a private company incorporated in 1994, has experienced staff who have partnered with Logistics Industry operations for over thirty years. Andlor implements and supports three major software solutions for the Logistics Industry. BacTracs is the Andlor WEB based Reverse Logistics System for the processing of product returns by providing, improved customer service, real time visibility, faster turn around time and standardized processes for all locations and partners.
Andlor also has a fully integrated and modular Warehouse Management System (WMS) for 3PLs with E-Track, a WEB based front end for full visibility throughout the supply chain. Additionally, Andlor provides modular packages, customized functionality, business process consulting, third party software interfaces, hardware/networking integration, customer training and on-going support. Excellent customer support is the Andlor trademark. For more information, please visit www.andlor.com .
About FreeFlow
Founded in 2001 and profitable since inception, FreeFlow improves its customers' product profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the channel mechanism most appropriate to that asset. Some of FreeFlow's customers include Apple, Creative Labs and SanDisk. FreeFlow's leadership in the supply chain arena has been recognized with a string of industry awards, including Gartner's Cool Vendors in Supply Chain Management and Procurement, Global Logistics and Supply Chain Strategies magazine's Top Supply Chain Partners, and Manufacturing Business Technology magazine's Top 40 Emerging Software Vendors. Privately-held, FreeFlow has headquarters in San Jose, California and Tralee, Ireland with offices throughout the U.S., Europe, and Asia. For more information, please visit
www.FreeFlow.com.
SOURCE: FreeFlow