Inventory Management Solutions

Product Refurbishment, Reverse Logistics & Remarketing Best Business Practices Strategies

Segue Corporation Provides OEM Value-Added Reverse Logistics Services

Posted by bstocks on 03/09/2009

Benefit from Segue’s  total reverse logistics solutions

Rancho Santa Margarita, California.   Segue, an excess inventory disposition company with a reputation of integrity, profitability and fast thru-put in the industry offers the capability of physically managing OEM inventories on their premises, providing essential processing activities (test, clean, repackage and warranty) to improve the quality and yield of the product, as another means to maximize their OEM partners’ asset recovery.

Segue partners and establishes relationships with reputable transportation solution providers in all of North America to cover, track and optimize freight and shipping needs. We have established business relationship with global logistic companies. Our shipping department has the ability to process international shipment from start to finish, and work with customers brokers when necessary, as well.

Segue has established business relationship with global logistic companies like NYK Logistics baed in Arkansas. The company's partnership with reputable transportation solution providers in all of North America cover, track and optimize freight and shipping needs of their OEM partners. Their shipping department has the ability to process international shipment from start to finish, and work with customers brokers when necessary, as well.

With direct experience in hands-on sorting, testing, re-packaging, refurbishment and environmentally compliant disposal of products, Segue Corproation is  able to provide advice and direct support to streamline your at-risk inventory process.  You have the option to elect to outsource specific elements, or the entire process to Segue leaving you more time and resources to focus on your A-stock and core business activities.

SEGUE’S CORE COMPETENCIES

·   End-of-life

·   Manufacturing/Marketing

·   Spare Parts Management

·   Returns Authorization Management

·   Product Option Upgrading

·   Refurbishment/Screening/Testing

·   Replacement Management

·   Depot Repair

·   Re-Utilization  

·   Inventory Re-Marketing

·   Warehousing/Inventory Management

·   Fulfillment & Order Management

·   Customer Service

·   Warranty Management

·   Extended Service Providers

·   Transportation (logistics)

·   Recycling/E-Waste

CUSTOM DESIGN SOLUTIONS We offer customized services and/or market places to meet specs to address your unique needs. Our core competencies include: Return Center, Return Reconciliation, Sorting/Testing, Refurb/Repair, Repacking, Re-Marketing and Back-end Support

CUSTOM DESIGN SOLUTIONS We offer customized services and/or market places to meet specs to address your unique needs. Our core competencies include: Return Center, Return Reconciliation, Sorting/Testing, Refurb/Repair, Repacking, Re-Marketing and Back-end Support

         “If you are considering the outsourcing of any of your asset disposition and current reverse logistics operations, we would appreciate the opportunity to open dialogue with you.”   

                                               

                      Steve Vertun, Segue Managing Director                                

 

                          visit site @ http://www.seguedirect.com/     

                         or e-mail @ steve.vertun@seguecorp.com 

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Back-to-School Season Results Weak for U.S. Retailers; Excess Inventories Expected

Posted by bstocks on 09/03/2009

The nation’s stores missed the grade as the usually lucrative back-to-school season failed to lift sales in August, according to Stephanie Rosenbloom of the New York Times in her article dated September 3, 2009.   In her report, even though target sales for August exceeded expectations, the overall sales decline the industry posted is 2.9 percent.  A handful of some chain stores posted results on Thursday that were slightly better than July, attributed in part to tax-free shopping days. However, overall, most reported significant declines, the worst coming from teenage clothing and gear store chains.  

Empty shopping malls: The born-to-shop generation seems to have desserted the malls where if they could get frequent flier miles, they would have been eligible fo rmillions of miles.

Empty shopping malls: The born-to-shop generation seems to have deserted the shopping centers where their buying activities as well as social, family, meals and enterntainment past times were conducted in one-stop mega malls.

The retail industry posted a 2.9 percent sales decline compared with a year ago, Thomson Reuters reports, making August the 12th consecutive month of negative growth. The August decline comes on top of a 5 percent drop in July.

Despite signs that the economy is stabilizing, consumers remain reluctant to spend. That does not augur for a good holiday shopping season, a crucial time for retailers.  << Read the Full Article >>

SOLUTIONS TO UNMOVING INVENTORIES

The result of this continuing sales decline will of course, be excess inventories.  Before the retailer is faced with the eventual challenge of disposing them, it is best to plan strategically and to be ready for the future ahead. 

Retailers facing sales decline are already drowning in inventories and the year's season's are not even over yet.  Segue Corp. can act as these stores remarketing and reverse logistics partner by providing return center/refurbishment services and excess inventory disposition solutions.

Retailers facing sales decline are already drowning in inventories and the year's seasons are not even over yet. Segue Corp. can act as these stores remarketing and reverse logistics partner by providing them return center / refurbishment services and excess inventory disposition solutions.

As this summer, fall and holiday periods trudge ahead,  retailers must be prepared with an action plan to avoid unmoving  inventories crisis.  What business would want a warehouse-full of  last season’s, out-of-fashion, out-of-date inventories?  Let us not forget merchandise returns as they may be a whole lot of them.  Analysts at AT Kearney noted in a recent back-to-school report: “thrift is settling in as a habit for consumers across the board.”  So retailers, expect a volume of returns coming from buyers’ remorse.

To survive this challenging economy and avoid the same fate that did not spare the doom of some of their counterparts, Retailers, at best, should seriously consider utilizing the full turn-key services of  a reverse logistics company like Segue Corporation .  The company, with facilities located in Orange County, California, Waco, Texas, among others in different parts of the country, provide return center management, in-house refurbishments, inventory management remarketing and distribution management. 

These listed stores have all recently reported sales declines:

  • Abercrombie & Fitch, decline 29 percent
  • American Apparel, decline 20 percent
  • Zumiez, decline 12.1 percent
  • Wet Seal, decline11.2 percent
  • Hot Topic, decline 8.1 percent
  • Children’s Place, decline 8 percent
  • American Eagle Outfitters, decline 7 percent
  • Limited Brands, decline 4 percent
  • Gap, decline 3 percent
  • Old Navy, 9 percent decline last year
  • Wet Seal, decline, with undisclosed number

Department Stores:

  • Saks, 19.6 down
  • Neiman Marcus & Bergdorf Goodman, 9.6 down
  • Dillards, 12  percent down
  • Stein Mart, 8.9 percent down
  • Macy’s, 8.1 percent down
  • J.C. Penney, 7.9 percent down
  • Nordstrom, 7.6 percent down
  • Bon-Ton Stores, 5.1 percent down

Wholesalers:

  •  BJ’s Wholesale Club, 6 percent down
  • Costco, 2 percent down
  • Target, 2.9 percent down
  • Wal-Mart, stopped reporting sales figures

Outsourcing reverse logistics, refurbishment and remarketing services addresses the most typical and pressing concerns of retailers: how to get a fair market value for these assets, while making certain that the movement of these products does not negatively impact current sales and distribution channels, the cost of operations in dealing with their excess inventory and reducing these costs and last, but not least, protecting house brand.

Steve Vertun, the company’s managing director says he would welcome the opportunity to dialogue with retailers who are facing the excess inventory challenge.  “We customize our services according to our partner’s requirements”, he adds.  “Segue is a full reverse logistics and remarketing partner specializing in CE products (market knowledge/channels).  We can offer turn-key solution for processing, packaging and support of refurb products.”  Retailers looking for solutions can find these following list of Segue Corporation services:  

  • Returns center authorization/management /refurbishment depot
  • Warehousing /Inventory management
  • Processing of open box, damaged goods, E & O  
  • Repacking 
  • Repair:  screening, sorting, cleaning, testing, rework, quality inspection, kitting
  • Custom disposition / Re-Marketing
  • Fulfillment & Order management
  • Distribution / Freight / Transportation
  • Customer service 

Outsourcing the above services could may well help unload excess inventory problems and add cash for a struggling retailer’s books, so for questions and more information, contact the company at: steve.vertun@seguecorp.com

by Maria Lim                                                                                                                                                                                                        Contact the writer at:  (949) 589-5040      

RELATED:

Retailers See Back-to-School Sales Slowing 

Back-to-School sales’ mixed grades

Big Retailers Scaling Back     

Poor December at Retailers; Most Report Drops in Sales      

Retailers Face an Ominous Holiday Sign

Posted in 3PL Provider, About Segue Corp, at-risk inventory disposition, excess inventory, Total Reverse Logistics Solutions | Tagged: , , , , , , , , , , , , , , , | Comments Off on Back-to-School Season Results Weak for U.S. Retailers; Excess Inventories Expected

Segue Corp Moves to Become A Major Return Center/Repair/Refurb Depot

Posted by bstocks on 07/22/2009

June 28, 2009, Foothill Ranch, Ca-  Segue Corp, a premier reverse logistics and at-risk inventory management/ disposition company moves to  a new location with an 88,000-square-foot storage capacity.  The new Foothill Ranch facility has four times the space it had previously spread across four buildings in Rancho Santa Margarita.  

Segue Corp Headquarters, Warehouse and Return Center/ Refurb Facility

As a return center and refurb depot provider, Segue Corp is fast becoming the OEMs trusted choice for its "Recertified by Segue™ mark: refurb products that spells quality, warranty and reliability. As it diversifies its services from just being a remarketer of excess inventories into a leading refurb /repair center depot for many major OEMs' return products, the company continues to look for OEM partners as demand for refurb products from newly-created "born-for-value" consumers continues to climb.

The bigger warehouse is to meet the company’s current growth precipitated by the current recession which has left many manufacturers outsourcing their reverse logistics operations to cut operational costs and to put cash in their books.  Segue’s diversification from just being a remarketing company into a return center and refurb depot is to serve the needs of major OEMs like Microsoft, Targus (among their Fortune 100-500 partners) that are leading the current trend of outsourcing.  OEMs interested in checking the facility can make an appointment by contacting steve.vertun@seguecorp.com.  For available current excess inventories, send your list to gloria.moreno@seguecorp.com.

FOR MEDIA:

Maria Lim, phone (949) 589-5040

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Free Up Critical Resources: Consider 3PL Oursourcing

Posted by bstocks on 06/17/2009

Looking for critical customized solutions to your excess inventory headache? Segue delivers. Segue Corporation is an OEM's:  Return Center • Warranty and Call Center • Warehouse Management • Refurb House • Inventory Control • Freight Management • Inventory Remarketing
Segue Corp delivers solutions.

 Orange County, California- The whole idea of reverse logistics, which involves returns, obsolete, end-of -life, bstocks or excess with no doubt can be painful, time consuming and costly for all involved: manufacturer, retailer and even customer.  As current economic environment becomes increasingly challenging, there is an unprecedented push by manufacturers to outsource reverse logistics and remarketing services for at-risk inventories in order to free up resources for all forward logistics issues.  With the ever increasing fuel prices and with even dismal higher prices predicted in the near future, majority of manufacturers are seeking even more to reduce freight costs and incremental touch times of inventories to increase overall ROI.  Behind this ever present need to outsource reverse logistics is to actually free up available resources which can be best utilized for A-stock objectives.  Proliferating 3PLs providers -which are expected to be all the more prevalent if this economy does not recover, are becoming a vital link in delivering solutions to reverse logistics costs and returns processing.  Notwithstanding, as critical as the needs are, manufacturers require that vital criterias for 3PL outsourcing be met.   They demand greater control over where and how their at-risk products are sold to avoid damaging their A-stock values.

One such company providing a total turn-key solutions to answer the needs of manufacturers and retailers is Segue Corp, a one-time small remarketing company that is experiencing unprecedented growth due to the current reverse logistics outsourcing trend.  From its simple beginning of distributing surplus to the second-tier market, it has evolved into a premier total solutions provider offering inventory management, reverse logistics and return & repair center depot services partnering with companies like Microsoft, TargusRemington,  Cerwin Vega and more.  Remarketing their OEMs’ bstocks and returns stamped with an OEM-authorized “Recertified by Segue  mark guarantees that the remanufacturing of the product has undergone rigorous  testing that meet or exceed the original equipment manufacturer’s standards.

Higher ROI for OEM At-Risk Inventory

What makes Segue the valid solution to manufacturing companies is the value-add it brings in the handling and delivery of their partner’s b-stock disposition process.  The company is not just a mere broker or a distributor, but it acts as the extension of its partners, bringing to them the same objectives and solutions of (1) maximizing asset recovery (2) cost reduction (3) mitigation of channel conflict and, (2) protection of corporate brand and image.  Following this unique business model gives Segue the better advantage over the auction and bid method of providing the best revenue return and long-term solutions to their OEM partners.  By bringing problem inventories quickly to the secondary market through their well-established alternative distribution channel, the company has long enjoyed long-term partnership with the world’s major companies, makers of quality, well-known brands, from  consumer computers and electronics, to personal grooming, even chemical cleaners.

If you are an OEM considering 3PL outsourcing, you may contact the company at steve.vertun@seguecorp.com for more information.

Media:                                                                                                                                                                                                                         Maria Lim, telephone (949) 589-5040

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Excess Inventory Management Company

Posted by bstocks on 06/16/2009

Are you an OEM looking for a customized total solutions to your at-risk inventory? Are you considering the outsourcing of any of your asset disposition & current reverse logistics operations? Displeased with the result of having used the auction /bid method which not only provided a low return, but overexposed your products and brand causing a rapid decline in the market value of both of your A and B inventories?

 

Segue Corporation, the industry’s foremost leader in the remarketing of excess inventory, is an OEM driven, end-to-end, turn-key reverse logistics solution providing additional services of refurbishment, warranty, and customer returns processing. The company remarkets major brands of computer and consumer electronic product. Its prime focus is moving their OEM partner’s excess and stagnant inventories out the door in a fast turn-around. By bringing problem inventories quickly to the secondary market through their well-established alternative distribution channel, the company has long enjoyed long-term partnership with major companies such as Microsoft, Targus, Cerwin Vega, DuPont and Remington among others. Today’s current economic environment is becoming increasingly challenging. There is an unprecedented push by manufacturers to outsource reverse logistics and remarketing services for at-risk inventories in order to free up resources for all forward logistics issues. With the ever increasing fuel prices and with higher prices predicted in the near future, majority of manufacturers are seeking even more to reduce freight costs and incremental touch times of inventories to increase overall ROI. The reason for this need to outsource reverse logistics is to free up available resources which can be utilized for A-stock objectives. But even with this critical need, still, manufacturers are aware that to outsource this type of service requires their criteria to be met. They continue to require and demand greater control over where and how their at-risk products are sold to avoid damaging their A-stock values. What makes Segue the valid solution to manufacturing companies is the value-add it brings in the handling of its b-stocks disposition process. The company acts as the extension of its partners bringing to them the same objectives and solutions of (1) maximizing asset recovery (2) cost reduction (3) mitigation of channel conflict and, (2) protection of corporate brand and image- that comes with a stamp of approval from inventory holders that identify the long-term value of a partnership. Following this unique business model gives Segue the better advantage over the auction and bid method of providing the best revenue return and long-term solutions to their OEM partners. Segue’s strategy in delivering solutions has been streamlining, selecting and supporting only a limited number of Partners for an extended period of time. This ensures that there is no dilution in the quality of the services delivered and allows them to provide only the highest levels of focused service available to their valued partners. Their partners are from the industry’s best known manufacturers in the field of consumer, computer electronics and software.

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OEM Excess Inventory Partner

Posted by bstocks on 03/09/2009

Your organization deserves a very experienced and capable management team managing your asset disposition and reverse logistics process.

Segue management has been providing Reverse logistics and re-marketing services since 1983.  Segue’s original founding partners still manage all day to day operations.  More than half of the management team has been with Segue for 10 years or more.  The team is a highly efficient organization accustomed to working in fast paced and volatile business sectors. 

Our long-term partners have enjoyed the value-add services that Segue has provided:
Our long-term partners have enjoyed the value-add services that Segue has provided:

 Our mission statement is based on providing the highest levels of profitability and excellence in performance thru Teamwork, Innovation, Efficiency, Dedication, Integrity and providing the highest levels of customer service in the industry.

To this end, and unlike many of the larger RL providers in the industry, Segue streamlines and focus’s its’ efforts on a limited number of Partners for an extended period of time.  Adhering to this business process we have effectively and efficiently managed hundreds of millions of dollars for our partners without diluting their ROI as a result of decreased bandwidth.  Rather than taking a “just move the boxes” approach, we specialize in learning the products personality and bridging all inventories to the best paying alternative distribution channel available.  

 

Our focus on integrating with your organization increases efficiency and promotes the ease of doing business together.  For OEM /Segue Partnership inquiries, please email us:

steve.vertun@seguecorp.com >>

or.

visit our official website to know more about us and how we can be your value-add excess asset partner and a total turn-key solution to your reverse logistics needs.

 

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Steve J. Vertun: Segue Managing Director of Corporate Development

Posted by bstocks on 03/06/2009

Steve Vertun, Segue's Managing Director for Corporate Development

Starting in 1983, Steve acted as Vice President Corporate Development for the industry’s largest legacy computer electronics Business/Product line acquisition Management Company. Over the next eleven years, Steve was directly involved in more than thirty corporate entity, divisional or product line buyouts, spanning a diversity of computer and consumer electronics products from some of the largest OEM’s in the marketplace (IBM, Xerox, Siemens, HP, Memorex, Western Digital, Kennedy Tape, Shugart, Control Data).  Developing, implementing and executing unique strategies to help resolve the many common and unique issues facing OEM’s regarding the management of their legacy manufacturing and product lines, reverse logistics supply chain and excess/ obsolete inventory issues resulted in a core competency education.  In 1994, as market demand shifted towards at-risk inventory (excess, obsolete, customer returns) focus, Steve and his business partner Lyle spun out the Segue Group division and formalized Segue Corporation.

As Managing Director of Segue, Steve has dedicated the last 25 years of his career establishing and delivering the most comprehensive solutions available to meet the  ever evolving needs of OEM’s regarding their reverse logistics and at-risk inventory management challenges.  Focus is on activities essential to maximizing asset recoveries; mitigating sales channel conflict, reducing OEM costs and protecting corporate brand name and integrity. Segue Corporation continues to provide these services for many of the industries leading manufacturers including Microsoft, Quantum, Targus, Spectrum Brands, Imation and several other well know and respected market leaders.

 

Steve holds a B.S. in Business Management from Montclair University, N.J. and an MBA in Street Smarts acquired from 25 years working in the Corporate Real World.

 

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Segue Corporation, an Excess Inventory Company is Thriving, thanks to the Bad Economy

Posted by bstocks on 03/05/2009

Despite the economy, Segue plans to hire more workers and move into an 80,000 square range warehouse to house more inventories from various struggling OEMs

Despite the economy, Segue plans to hire more workers and move into an 80,000 square range warehouse to house more inventories from various struggling OEMs

Segue refurbishes these inventories, tests, re-kits, re-package and provides manufaturers warranties

Segue refurbishes these inventories, tests, re-kits, re-package and provides manufaturers warranties

Segue gets their bstocks, excess, surplus inventories from OEMs that want these inventories off their books

Segue gets their bstocks, excess, surplus inventories from OEMs that want these inventories off their books

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