SURPLUS STOCK DONATION
Many businesses in the UK have a surplus and unwanted stock.
We can collect all your surplus stock across the UK.
Along with surplus stock, we can collect light-damaged stock, out-of-fashion clothing and shoe stock, handbag sample stock, end-of-line stock, customer return goods, Bric a Brac and small electrical items.
By donating your surplus stock, you are helping UK charities that rely on public funds only.
Your business can choose from one of our partner charities, or if you prefer, we can choose one for you.
For more information about our surplus collections please contact us by calling on 0333 577 0030 or emailing info@werecycleclothes.org.uk.
Our team of skilled operators are based in major UK cities.
NO STOCK IS TOO BIG FOR US
STOCK DONATION
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STOCK DONATION
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Why donating surplus stock, instead of storing it, is better for companies?
There are several reasons why it is good for companies to donate surplus stock instead of storing it. These include:
- Tax benefits: Companies can deduct the fair market value of donated inventory from their taxable income, which can result in significant tax savings.
- Community goodwill: Donating surplus stock to charities and other nonprofits can help companies improve their public image and build goodwill with the community. This can lead to increased customer loyalty and positive media attention.
- Reduced storage costs: Storing surplus inventory can be expensive, and companies can save money by donating it instead. This can free up valuable warehouse space for other purposes.
- Environmental benefits: Donating surplus stock can help reduce waste and conserve resources. This is especially important for companies that produce goods with a limited shelf life.
- Employee morale: Employees may feel more positive about working for a company that supports charitable causes. This can lead to improved employee morale and productivity.
In addition to these benefits, donating surplus stock can also help companies achieve their sustainability goals and demonstrate their commitment to social responsibility.
Companies that usually send stock of clothes and shoes to storage facilities face a series of complications and deal with various issues. Below is a brief summary of those issues and complications:
The cost comes as the first issue, as storage facilities can be expensive, especially for large amounts of clothing. This can be a significant financial burden for companies, especially those with limited budgets. Not to mention that storage facilities can also be limited in space, which can make it difficult to store large amounts of clothing. This can be a problem for companies with a lot of seasonal inventory or constantly expanding their product line.
Inventory management is more complex, and keeping track of inventory when clothes are stored in a facility is difficult. This can lead to problems with stockouts and overstocks.
Clothes and shoes stored in warehouses can be damaged if they are not properly packed and stored. This can result in lost revenue for companies.
Finally, storage facilities can be a target for theft. Companies need to take steps to secure their inventory, such as using alarms and security cameras, which just adds up to the final storage costs.
Donating surplus stock is a win-win for companies and the communities they serve. Companies can save money, improve their public image, and positively impact the world.