Warehouse86 Intro Deck
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Transcript of Warehouse86 Intro Deck
Bringing retail full circle
Warehouse86 is a family of companies providing innovative and global solutions for the diverse vertical needs of reverse logistics and liquidation.
Leveraging significant investments in technology to ensure state of the art receiving, documentation, storage, marketing and distribution, Warehouse86 became the largest online auctioneer in the world in 2007.
Our unique combination of offerings is unparalleled in the industry, providing us with the ability to service retailers and manufacturers with liquidation solutions that are transparent, reliable and create new profit centers.
As a retailer, how can you get more out ofthe WHOLE product life cycle?
Research & Sourcing
Forecasting
Procurement
Pricing
Routing
Distribution
Online or In-Store
Marketing / Merchandising
Purchased?
YES
NO
YES
STARTREVERSE
LOGISTICSPROCESS
Happy with Product? NO
InventoryManagement
Reallocation /Distribution
Forecastingof FinalLosses /
Gains
Liquidation
FinancialReconciliation
But what if your tail end could yield higher returns…in CONTROL, EASE & REVENUE?
STARTREVERSE
LOGISTICSPROCESS Liquidation with
Warehouse86Redistribution to a Single Pont
Receiving Inventory Reconciliation
& Visibility
FinancialReconciliation
SecureStorage
Web-basedAuction
Consumer DemandDriven Pricing
Forecasting based on
Sell-through history
Real-time Item-specific Reporting
REV
ERSE
LO
GIS
TIC
SFO
RW
AR
D LO
GISTIC
S
Reverse Logistics can be really backwards…
Forecasting relatively Straightforward
One to many distribution points
Product quality uniform
Product Packaging uniform
Destination / routing clear
Disposition options clear
Pricing relatively uniform
Importance of speed recognized
Forward distribution costs easily visible
Inventory management consistent
Product life cycle manageable
Negotiation between parties straightforward
Marketing methods well known
Visibility of process more transparent
Forecasting more difficult
Many to one distribution points
Product quality not uniform
Product packaging often damaged
Destination / routing unclear
Disposition not clear
Pricing dependent on many factors
Speed often not considered a priority
Reverse costs less directly visible
Inventory management not consistent
Product lifecycle issues more complex
Negotiations complicated by several factors
Marketing complicated by several factors
Visibility of process less transparent
VS
Reverse Logistics can be really backwards…
Forward Logistics vs Reverse Logistics
Forecasting Relatively straightforward More difficult
Distribution points One to many Many to one
Product Quality Uniform Not uniform
Product Packaging Uniform Often damaged
Destination / Routing Clear Unclear
Disposition Options Clear Not clear
Pricing Relatively uniform Dependent on many factors
Importance of Speed Recognized Often not considered a priority
Forward Distribution Costs Easily visible Less directly visible
Inventory Management Consistent Not consistent
Product Life Cycle Manageable Issues more complex
Negotiation Between Parties Straightforward Complicated by several factors
Marketing Methods Well known Complicated by several factors
Visibility of Process More transparent Less transparent
Reverse LogisticsWarehouse Management SystemOnline LiquidationOnline Auctions
Warehouse 86 Offerings
Bidtopia is a liquidation friendly auction environment where we host multiple online “store owners” who conduct most of their sales one by one to the end consumers. Other auction platforms, like eBay, are restricting the ability to auction liquidation merchandise through an ‘as-is’ auction format. Overstock, eBid, and Ubid are not capable of handling the volume of business conducted by Bidtopia. Bargainland was the number one seller on eBay, out of nearly 300 million registered users, and is now currently exclusively selling on the Bidtopia platform, bringing all of its customer base to a more conducive and controllable auction site (Bidtopia).
Bargainland is our online store that lives on the bidtopia.com site, and liquidates your inventory items one by one, we achieve a significantly greater per-item revenue for you than you are getting today. We also create valuable data and reporting that eliminates fraud, detects consumer abuse, and provides line item accountability (rather than truckload guesstimates) for your liquidation process. Since our sales process includes the warehousing, description, and final liquidation of the merchandise (at no charge), our customers can often eliminate operation of their own returns center, processing center, or liquidation/storage center while receiving a larger historical return.
The Gavel is an expanded warehouse management system providing complete transparency into the entire life cycle of the asset recovery process. Where most reporting systems stop the reconciliation process at the disposition of the truckload liquidation, The Gavel continues to track each item, where and how it was sold and to whom. This includes, if necessary, tracking numbers and delivery confirmation to the end user, their name and address, a photo and detailed description of the individual item, what they paid and who were the competing bidders. All information is provided in “real time” through secure on-line reporting.
Partnering with Microsoft on a custom software that is making waves in the industry, Warehouse86 has unique the reverse logistics technology that connects everything we do. Through our national return centers and warehouse locations, we provide software systems, visibility, accountability and the physical storage of inventory.
Bargainland is an online ‘as-is’ liquidation e-tailer, handling merchandising, sales, collection of payment and customer service. Since Bargainland sells millions of different SKUs, one by one to the end user, they receive the highest possible revenues. There are 3 corporate degrees of separation from you to the end consumer (W86 / Bargainland / Bidtopia) to allow our sellers to escape channel conflict.
How We Can Deliver for You
W86 unloads the items and stores them in a secure location, until
time of sale. The Gavel captures EXTENSIVE data on each and
every item in the truck including condition of item, weight,
descriptions, model numbers, photographs, categories, etc.
Each day we individually photograph, describe, weigh, and
sort tens of thousands of items. This information is then posted
back to the customer through the Warehouse86 on-line reporting
systems.
Bidtopia is the preferred on-line auction site that houses many
sellers including our online “store” called Bargainland, which
just became the largest online auctioneer in the world.
Core Competencies
Online Auction
• Bidtopia.com• Bargainland.net
• In Source & Outsource Models
Software Solutions• National Return Center
Program Development • Lost Freight Tracking Programs• Fraud Interdiction Programs• Client Systems Integration
Tactical Programs• Item Identification• Item Tracking• Search and Recovery• Operational logistics • Liquidation & Reverse
Logistics Consulting• Customer Service
• Over 2,000,000 Auction Visits Daily
• 98.9% Sell-Through Rate • 7 Day Sell-Through
Highest Rate of ReturnFinancial Reporting
• On-Line Reporting• Real-Time Financial
Information• 24-7 Auction
Monitoring System
Independent 3rd Party Validation
• Transparent Marketplace• Redundant Public Record Keeping
Warehouse86’s single greatest achievement is the abilityto take a ‘red line’ expense division and turn it into a profit center.
Why pay a reverse logistics company to process your merchandise when Warehouse86 can work with you on a consignment model or
scale to a purchasing relationship, AND pay you significantly more money for your liquidation merchandise as part of the process?
How does Warehouse86 do it differently?