Posted by Willy Franzen on January 30, 2013. Jobs updated daily.
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Have you ever wondered where merchandise goes when you return it to a retailer? If it’s unopened, it probably goes right back on the floor, but most stores won’t risk restocking goods that are no longer pristinely packaged. Instead they send it off to a warehouse to be tested, repackaged, and sold off in bulk. But how do you sell a pallet of returned merchandise? You use Liquidity Services Inc. (here’s a video explaining how it works). They’re a Washington, D.C. based company that enables “businesses and government agencies to manage, value, redeploy, and sell excess inventory and surplus assets using the world’s most transparent, innovative, and effective online marketplaces and integrated services.” Put a little more simply, they help clients sell stuff that is typically hard to sell. Returned merchandise is just a small part of the business.
Liquidity Services Inc. calls what they do “reverse supply chain management.” The company operates in three distinct markets (Retail Supply Chain, Manufacturing/Energy/Transportation, and Government/Public Sector) and serves these markets with a number of different marketplaces including Liquidation.com, Government Liquidation, GovDeals, Network International, GoIndustry DoveBid, TruckCenter, and Secondipity. It all adds up for more than $1 billion sold through Liquidity Services Inc. marketplaces and more than 40 million web visitors. The company has seen incredible growth, so if you want to get in on it, go to their Careers page. Here are the opportunities that seem like a good fit for a new or recent grad:
If none of the jobs are for you, there’s always the option of starting a business buying stuff through Liquidity Services Inc. and reselling it.
Links to Help You Begin Your Research
What have you heard about Liquidity Services Inc.?
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