Market Performance Report - JUNE 2022

  • Tight supply conditions and strong end-user demand continue to drive increasing used equipment values in both the retail and auction markets.

TOP 10 BEST SELLING CATEGORY



Automation (AC VFD Drives) was by far the most demanded category of all in the last month of May and will continue to be our strongest category. This data is based on the number of buying enquiries across our platform.

Category Avg Sold Value
Automation & Controls > Motor Drives > AC VFD Drives $3,028
Automation & Controls > HMIs and Displays > Operator Interface Panels $1,745
Automation & Controls > Servo > Servo Drives and Amplifiers $2,412
Automation & Controls > PCB Circuit Boards $709
Automation & Controls > PLC and DCS Modules > Input Modules $390
Electrical > Electric Motors > AC Motors $357
Automation & Controls > PLC and DCS Modules > Controller Modules $966
Automation & Controls > PLC and DCS Modules > Other PLC and DCS Modules $627
Automation & Controls > PLC and DCS Modules > Power Supply Modules $919
Automation & Controls > PLC and DCS Modules > Processor Modules $1,229


Higest STR
3.75%
Average STR
2.515%

This past month was a record one for NRI INDUSTRIAL, by any measure. Positive price trends across all sectors were reported, while NRI PARTS records high total sales, active users, and overall sales prices.

  

TOP SELLING BRANDS

% of sales & average sold value by top brands



Automation (Controller Modules) was by far the most demanded category of all in the last month of April and will continue to be our strongest category. This data is based on the number of buying enquiries across our platform.

Brands Avg Item Value % Total
ALLEN BRADLEY $439 11.24%
GENERAL ELECTRIC GE $771 5.37%
GUDEL $484 4.35%
FISHER $1,393 3.04%
ABB $468 2.28%
  

By enhancing transparency in the supply chain in this fashion, you're enabling your business to analyze product requirements and take proactive steps to prevent shortages. It also brings more efficiency to your operations by allowing you to analyze your assets more closely, which generates the most important advantage of all: giving you a genuine chance to optimize your operations in all areas, including planning, resourcing, and even implementation.

Any step that allows you to do any of those things - let alone all of them at the same time - is one worth taking, which is why asset recovery must become part of the very DNA of your supply chain process moving forward.

THE NRI INDUSTRIAL APPROACH



For nearly two decades, the team at NRI Industrial Sales has been helping companies all over the world liquidate and manage their surplus MRO and obsolete parts, along with other capital equipment, through direct purchase and consignment. Our solutions are designed to be turnkey and minimize the impact on your day to day operations while at the same time maximizing the value of your surplus MRO and spare parts.

Whether you are looking for a quick solution to sell your surplus inventory such as our equipment purchasing solution or, you wish to maximize your recover value but remove your surplus inventory from your warehouse with our consignment solutions, we have the right approach to help your organization through our consignment program or our inventory purchasing solution.

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Message from our CEO
  • SAIF SYED

    01.

    “Simplifying the asset recovery process for our clients is the ultimate objective. Our expert knowledge and resources let you focus on your core business while still maximizing recovery from redundant assets."

    June 15, 2022

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