Waste to Charity Accepts the donation of these products daily, following the adage "One man's trash is another man's treasure".
These products are channeled both domestically and overseas, through our partner organizations.

In days gone by, businesses faced the periodic problem of what to do with excess inventory close outs. Breaking even, let alone turning a profit, by liquidating surplus assets as close outs to wholesalers and the like was widely seen as more trouble than it was worth. Now, however, companies are finding that the best use of close outs is to give the otherwise wasted items up as charity donations.

The term "closeout products" refers to a company's merchandise that is regarded as excess inventory from an earlier fiscal quarter. Closeout products usually become that way as a result of changes in color or design or fabric or missed deliveries but other factors may sometimes be involved. In the end, many large companies are commonly stuck with billions of dollars in closeout products every year and have to sell it all off at a whopping discount.

Obviously, Closeout Products remain a regular source of tension for most companies. Products need to be removed from shelves to make way for the influx of newer models. Sometimes a shift in financial circumstances or strategy results in canceled orders or manufacturers need to downsize or move their facilities due to economic pressures. Whatever their origin, closeout products need to be unloaded quickly, regardless of cost.

To donate Restock Inventories to Waste to Charity, just click the appropriate link:

1. Non-Food Inventory   http://www.wastetocharity.org/non_food.htm

2. Food Inventory   http://www.wastetocharity.org/food.htm

What Happens to Closeout Products?

More often than not, companies simply get rid of their closeout products by auctioning or selling them off to wholesalers and other constituents of the off price industry. Discount retailers, flea market swappers, auctioneers, exporters, and myriad other companies prosper exclusively by reselling these items, especially since they're getting quality merchandise at such a steal (sometimes as much as 80 percent off the first quality retail rate). These groups presumably pass along such savings to consumers, which in a fairly loose sense may be considered an act of charity.

Donating closeout items directly to licensed charity organizations is of course another possible use of such items, although sadly it is the road less traveled. Doing so is often less hassle and inconvenience to the company, which would then go on to enjoy the public relations benefits that come with such transactions. Yet it goes against the grain of many businessmen to think in such terms, and corporations tend to be resistant to change, even when a more refined methodology would make immeasurably more sense from a business perspective alone.

To donate Restock Inventories to Waste to Charity, just click the appropriate link:

1. Non-Food Inventory   http://www.wastetocharity.org/non_food.htm

2. Food Inventory   http://www.wastetocharity.org/food.htm

Online Auctioneers and Close Outs

For a small cut of the proceeds, online intermediaries playing the role of auctioneers will now handle the conversion of surplus inventory close outs into hard cash, which makes them attractive to individuals, businesses, and charities alike. Individuals enjoy the fact that there is no learning curve to master; they simply have items picked up and converted to cash which is then donated to charity. Businesses benefit by not having to fill out reams of paperwork themselves, let alone laboriously unload pallets of unwanted merchandise by whatever means possible.

Charity is in fact the best use of merchandise close outs from the donating business's perspective, bar none. More often than not, items that wind up gathering dust in a company warehouse were unwanted by consumers for a reason. Selling this inventory off is obviously harder than selling bulk items that are in demand, which in turn means even more drainage of company resources on an inevitably fruitless venture.

Letting online auctioneers take over their close outs not only yields the more immediate benefits of added warehouse space and a chance to hone their employees' attentions on more pressing matters. It also improves the company image as a whole, not to mention the benefits to be enjoyed by those whom the charity is dedicated to helping. How companies handle close outs, in fact, should be symbolic of any company's agenda, and what better message to send than that expressed by offering up one's unwanted excess to those who could benefit from such largesse the most?

To donate Restock Inventories to Waste to Charity, just click the appropriate link:

1. Non-Food Inventory   http://www.wastetocharity.org/non_food.htm

2. Food Inventory   http://www.wastetocharity.org/food.htm