WCTbid.com - Web Component Trading

About Web Component Trading

• Smart Asset Management
• What is Smart Asset Management
• What is a Business Services Provider?

Smart Asset Management:
The WCT Approach to Improving Product Margin

Web Component Trading, Ltd. is a business services provider giving industry an end-to-end solution for maximizing asset recovery and minimizing component shortage exposure. Supplemented by the business processes of broker engagement, financial settlement, logistics and transportation, WCT’s patent-pending Internet-based bid management engine (WCTBid.com) accelerates and maximizes recovery and minimizes exposure with a comprehensive turnkey solution.

With deep industry expertise, a flexible web-based auction platform, a worldwide network of strategic alliances in technology, fulfillment, and value-added sourcing services, WCT provides its clients a global reach in sourcing component shortages and liquidating excess inventory, ensuring the best prices the market offers.

What is Smart Asset Management?

Web Component Trading, Ltd., offers its clients a comprehensive methodology for improving product margin in the area of asset recovery and shortage procurement. The WCT Smart Asset Management methodology consists of five key principles:

Move to a systematic process: continuously identify and disposition excess as early in the product life cycle as possible
Disposition excess inventory wherever it is – components or finished goods, in the factory, distribution centers, and in the channel (dealers, retailers, distributors)
Eliminate the administrative and operational costs of shortage procurement and excess liquidation
Strictly adhere to competitive bidding for component shortages and excess liquidation
Ensure complete transparency and a full audit trail of all transactions

What is a Business Services Provider?

A business services provider hosts your software application and provides all related administrative and operational process support. You are in charge of the key decisions (such as what inventory to liquidate and at what target price) and your business services provider - Web Component Trading, Ltd. - takes care of everything else. You have no software to install and maintain. With pay-as-you-use services you have no lengthy ROI to justify on a software license. Your people are focused on their core tasks, not on managing brokers and juggling spreadsheets, emails, and phone calls.