Feeds

UK start-up to take surplus stock out of channel

Will keep channels clean by targeting overseas markets

  • alert
  • submit to reddit

Reducing security risks from open source software

XS Technology, a new UK company re-selling surplus channel stock, will start next month. XS said it will take unsold and unwanted kit from vendors, distributors and resellers and sell it in immature markets. Thereby keeping everyone's channels clean, it claims. Based in Milton Keynes, XS will start with five staff, and plans to take just about any PC or component. Stock will be sourced from Europe, and sent out to Africa, Asia or America. Its three directors will be Martyn Parsons, ex-IBM at Greenock, Nigel Lippard, currently MD of manufacturer and distributor Pine Technology, and Keith Williams, also from Pine, where he was head of European sales. Rival surplus stock dealer PST was unfazed. Peter King, PST sales director, said: "We've been in business for 25 years, and have a very sound relationship with our suppliers. Manufacturers must be confident about what's going to happen with their surplus stock and I think they will be wary about a company setting up in this sector." King said there were many small-time brokers in the UK, which were not seen by PST as competitors. Williams stated: "XS will not be a broker, but a trader. We will re-work, or re-sell, new or second-hand surplus machines." Lippard added: "There is definitely room in this market for another company. As we see increased financial pressure on inventory, vendors will be under increasing pressure to hold inventory rather than put it through the distribution channel and companies like XS will give them way out for discreet disposal." ®

Eight steps to building an HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.