Machine Compare brings together large manufacturers on a single e-commerce spare parts platform where they can both(a) find demand for, and thus sell their deadstock parts(b) find parts actually required and purchase at discounted prices with respect to RRPThe process is simple. It only requires a csv file output from your ERP system sent to us. Machine Compare will then handle the formatting, importing and matching of products within the CSV.To mitigate against a… Show more Machine Compare brings together large manufacturers on a single e-commerce spare parts platform where they can both(a) find demand for, and thus sell their deadstock parts(b) find parts actually required and purchase at discounted prices with respect to RRPThe process is simple. It only requires a csv file output from your ERP system sent to us. Machine Compare will then handle the formatting, importing and matching of products within the CSV.To mitigate against a common problem of missing data, in the first instance we have pre-populated our database with around 1 Million products from various OEM supplies. Data includes images, MPN numbers and datasheets for most products.Secondly, the system will attempt to extract MPN numbers and a brand name from a parts description. The system will ‘learn’ from these orders, storing weights and dimensions for the part, sharing it across all sellers of the part. Clients select from various pricing strategies.Financial benefits are obvious, millions of pounds can be released as Revenue you didn't know you had, from demand you never knew existed. Required parts can be purchased at large discounts, also potentially saving millions.Recycling and Sustainability is at the heart of our business model. The process means a contribution to the circular economy, resulting in a positive ESG score.• We can grade the parts on a sustainability scale• We can trace the compliance status of the parts if we can match to our master list of OEM descriptions and data sheets e.g. metals used etcThere is no real risk here, the only requirement is to sign up and then spend a small amount of time providing the csv of dead parts and there is no capital outlay. At Machine Compare, perhaps over and above the business benefits for us, is the knowledge that we will be helping create a new environment and changing part of our collective industries. We’re proud of that and it gives us perhaps the biggest motivation moving forward. Show less

Management Consultant