Obsolescence of spare parts is a major concern for industries that affect most of the equipment. The industry is facing obsolescence of raw materials due to the following factors.
Excess inventory does not only harm your company’s profits but impacts the overall economy too, as those resources can be put for better use. More you hold on to the idle industrial products, the more you lose (finally disposing as scrap or even pay to flush out scrap).
Understanding such difficulties in industries we came up with this solution called "Goospares" for liquidating unused excess idle MRO inventory improving overall Circular Economy .