Consignment Program

The asset recovery solution for businesses looking to recover the most value from their surplus inventory.

Consignment Program Features

Our program is designed for businesses that want to maximize recovery from surplus assets, MRO and spare parts but don't have the space or resources to manage the sale process.

We have the expertise

For over 21 years, our consignment and direct purchase programs have helped our clients recover more than $650M from surplus industrial equipment.

We have the exposure

We actively list and market your equipment on 37+ marketplaces such as eBay, Amazon, Alibaba, and NRIParts.com to name a few.

We have the buyers

Our buyer base comprises over 110,000 loyal industrial equipment buyers, resellers, and distributors.

We have the reporting

Our reporting portal offers our clients complete transparency on their assets, providing them full visibility of all activities from start to finish.

We are global

We have distribution centres in Ohio (US), Ontario (CA), UAE, and Pakistan, allowing us to work with clients globally.

We are ready to respond

We provide our clients with free desktop valuations within 2-3 days. Ready to connect? Click here to request a free valuation.

Our Selling Expertise

Twenty-one years of selling experience speaks for itself.

Brands and Product Categories We Work With

We have sold new and used industrial parts and MRO from over 15,000 brands across 35,000 product categories.

Excellent Customer Service

Buyers love to purchase from us. We have received over 100,000 positive feedback with 99% customer satisfaction rate.

Complete Hands-Off Experience

From cataloging, listing, warehousing, and fulfillment to post-sale and customer service, we handle the entire process for our clients.

Recently Purchased

We acquire new and used surplus inventory on a weekly basis. Here's what we have acquired last week:

(184x) ALLEN BRADLEY 440R-N23132 GUARDMASTER 24V-AC 24V-DC SAFETY RELAY

(375x) SICK C40S-1004CA010 LIGHT CURTAIN EMITTER 24V-DC

(259x) SMC CA2L63-750N DOUBLE ACTING PNEUMATIC CYLINDER 63MM 750MM 1MPA

(188x) HARRIS NIC-L-WELD59 WELDING 5/32IN 10LB ELECTRODE

(463x) SAMPLING SYSTEMS 100537 FLOW CONTROL ASSEMBLY

(413x) JOHN DEERE AR41284 WIRING HARNESS

(113x) WESTINGHOUSE 3111255 PCB CIRCUIT BOARD

(282x) THERMO FISHER 203040-101 HIGH VOLTAGE POWER SUPPLY MODULE

(471x) RFL 81A TC PFL MODULE PCB CIRCUIT BOARD

(222x) UE UNITED ELECTRIC J120-S144B 2-20PSI 480V-AC PRESSURE SWITCH

Program Information

Frequently Asked Questions

Got questions or ready to get started? We are ready to respond.

Free Valuation

NRI provides a no-cost evaluation within 2-3 days. The client provides an asset list or a site inspection is conducted. Once a list is received a comprehensive evaluation is performed to include the desirability of the material list, recovery value range and timeframe of recovery.

Our team consistently analyzes the market to determine the current selling value of the items we list for sale. Our 21 years of historical data also enables our team to make accurate projections and the expected recovery.

The client is responsible for the cost of transportation to our warehouse. Our logistics team can schedule the freight transportation for the client, or the client can handle the freight themselves. If we schedule the transportation/trucking, we do so at our cost and deduct the expense from the client's monthly proceeds payment. If the client cannot pick, pack, and load, we can send a crew to the client's site to package and load the material. We charge an hourly fee for this service.

No. MRO and spare parts are shipped to one of our facilities to be processed and managed through order fulfillment (off-site consignment program). We can support onsite consignment sales under special project conditions.

Generally, our clients are under monthly payment terms. At the end of every month, a payout record will be generated for the sales that occurred within the month. Payments are sent before the end of the following month.

Happy Clients

Don't take our word for it. See what clients are saying about us.

NRI has helped us recoup more than $1.6M from surplus inventory. We were able to regain more than 211,000 square feet of storage space.

Consignment Client

Energy & Utilities Industry

NRI has helped us remove 29 truckloads of materials from the job site and recover more than $16.7M in less than a year from over 70,000 pieces of surplus inventory.

Consignment Client

Oil & Gas Industry

NRI has helped us remove 103,000 line items from storage and recoup more than $1.5M dollars on idle inventory and $28.5M dollars worth of tax deductions.

Direct Purchase Client

Food Processing Industry

NRI has helped us avoid costly equipment disposal fees, remove 47,000 pieces of equipment and receive more than $8.8M dollars worth of tax deductions.

Direct Purchase Client

Oil & Gas Industry

We sold more than $820K under three months from our surplus inventory through NRI's services. This also resulted in increased staff efficiency on our end.

Consignment Client

Energy & Utilities Industry

Partner with us as your asset recovery expert.

Request a free desktop valuation and move forward with your surplus inventory needs in as little as 2-3 days.