PRO 221

PRO 221 Services

At PRO 221, we provide a means for companies and individuals to sell and purchase product in an easy and effective manner through the internet. Located in Southern Indiana, PRO 221 is a “bricks and mortar” company that uses internet technology to quickly and effectively link buyers and sellers in many different industries.

Buyers can look at new or obsolete/overstock products. Sellers can list new or obsolete/overstock products.

Companies face an endless challenge of dealing with obsolete/overstock inventory: returned goods, over-runs, factory rejects/scrap and dead stock on finished goods, sub-assemblies and components.

Obsolete inventory has an enormous affect on company profitability:

  • Resources to manage (direct and indirect labor)
  • Valuable warehouse space made unavailable
  • Interferes with effective manufacturing models and techniques

PRO 221 Business Process Outline:

  • Seller and PRO 221 Inc. become contractual partners in the management of the Seller’s obsolete inventory (OI).
  • Seller submits OI information through web portal template.
  • OI posted in web store.
  • Buyer purchases OI through web store and pays PRO 221 Inc.
  • Web store updated (inventory quantity reduced or item removed from store if there is no remaining inventory.)
  • Transaction information sent to Seller (i.e. item, qty, shipping method, etc.)
  • Seller ships inventory and sends acknowledgement to PRO 221.
  • PRO 221 Inc. pays seller.

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