Archive for April, 2011

FreeFlow Releases New Buyers’ Portal, Streamlines Online Access to Top Brands

Tuesday, April 5th, 2011

San Jose, California (PRWeb), 4 April, 2011 – FreeFlow, the world’s leading provider of alternative channel solutions for at-risk consumer electronics inventory, today announced the release of its new buyer portal at http://www.freeflowauctions.com increasing visibility of available inventory and streamlining the purchasing process for global wholesale electronics buyers.   The new buyer gateway complements the company’s award-winning technology and services for sellers that include market research and pricing advisory, site merchandising, demand generation and buyer registration, customer support, logistics support and financial settlement.

With the new online portal, buyers can register once and gain access to any or all of FreeFlow’s 30-plus branded wholesale consumer electronics private marketplaces listing manufacturers’ surplus stock. Filtered browsing allows buyers to select by brand, by global region, by category or by their budget.  Thumbnails of all products currently on auction across all seller marketplaces are showcased on the portal, giving buyers single-click access across brands.

“Today’s secondary marketplace buyers are running multi-million dollar businesses in online retail and they’re seeking the best CE brands.  We have the right brands at the right price point, but we needed to make it easy for buyers to search, browse and purchase across multiple marketplaces,” observed Alan Scroope, FreeFlow CEO.  “At the end of the day, helping buyers actually benefits our sellers, and that’s who we work for.”

In the new release sellers retain their ability to partition the buying community to maintain channel control, a key differentiator for FreeFlow.  For example, a seller may restrict product to be sold only in North America, or vice versa – do not sell in North America.  Or they may provide a “do not sell to” list of companies and those companies will be screened in the registration process.

“Today’s release is in response to buying trends we’ve observed over the past year, that is, buyers registering on more than one and in some cases all of our branded marketplaces,” Scroope elaborated.  “We needed to make bidding on FreeFlow auctions a highly productive and efficient experience for this class of global buyer. This release achieves that objective while extending the market reach of our sellers.”

FreeFlow has proven to be a trusted partner for consumer electronics companies by building secure alternative channels for selling at-risk inventory.  Slow-moving, aging or end-of-life finished goods as well as consumer returns inventory sold as-is or refurbished is a multi-million dollar market for FreeFlow’s Global 1000 customers. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction and member privilege dynamics are deployed to improve bidding performance, resulting in higher financial recovery. With market and pricing analysis, integrated performance metrics and end-to-end business support services, FreeFlow provides low-cost, secure, high recovery alternative channel solutions for excess and at-risk inventory in all stages of the product lifecycle.

About FreeFlow

Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including back-to-back recognition by Deloitte in their Best-Managed Companies competition in 2010 and 2011, the Supply & Demand Chain Executive 100 and the Ruban d’Honneur European Business Award for Information and Communication Technology Effectiveness in 2009.   Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California.  For more information, visit www.FreeFlow.com.

Press Contact:
Anne Patterson 
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com

FreeFlow Repeats as Best Managed Company

Tuesday, April 5th, 2011

Tralee, Ireland, March 9, 2011 – FreeFlow, the world’s leading provider of alternative channel solutions for at-risk inventory in consumer electronics companies, announced this week that for the second consecutive year it has been named as a winner in the Deloitte Best Managed Companies Awards competition. The company, which was first recognized for superior business performance in March of 2010, was recognized at a gala awards dinner in the Burlington Hotel in Dublin earlier this month.
The Deloitte Best Managed Companies Awards Program, in association with Irish Life Corporate Business, recognizes companies across Ireland which are operating at the highest levels of business performance. The independent judging panel reviewed a broad range of criteria including strategy, capability, commitment, financials and growth potential across all key functions of the business.

Commenting on the award, Alan Scroope, CEO, FreeFlow said, “Over the past year the entire FreeFlow team has been devoted to make FreeFlowAuctions.com the global go-to B2B marketplace for branded consumer electronics online. Deloitte’s repeat recognition this year reinforces that uniting a global team around a single over-arching goal is the winning strategy of the best of companies.”

Commenting on the winners of the Deloitte Best Managed Companies Awards Program, Pat Cullen, Managing Partner, Deloitte and judging panel member said: “Despite the negative sentiment that currently prevails, the Best Managed Companies Awards Program shows that Irish companies are a cornerstone of growth in the Irish economy and can and will play an important role in Ireland’s overall recovery. For proof of this, you need look no further than this year’s winners.”

FreeFlow has proven to be a top Sales and Supply Chain partner by addressing its clients’ needs to build secure alternative channels for at-risk inventory. Slow-moving, aging or end-of-life finished goods as well as consumer returns inventory sold as-is or refurbished is a multi-million dollar market for FreeFlow’s Global 1000 customers. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction dynamics improve bidding performance resulting in higher financial recovery. With its proprietary market analysis and pricing advisory support, integrated performance metrics and end-to-end business support services, FreeFlow provides low-cost, secure alternative channel solutions for excess and at-risk inventory in all stages of the product lifecycle.

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies program, in association with Irish Life Corporate Business, promotes and recognises excellence in Irish owned and managed companies. It is the only competition in Ireland that considers a business’ performance from every perspective. Entrants to the program compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Program sponsors are Irish Life Corporate Business, the Irish Management Institute and the Sunday Business Post.

For further information, visit www.deloittebestmanaged.ie.

About FreeFlow
Founded in 2001, FreeFlow improves its customers’ profitability by helping them identify excess and at-risk inventory and dispositioning the inventory through the alternative channel best suited for that inventory. FreeFlow’s customers include Apple, Creative Labs, Microsoft and SanDisk. FreeFlow’s leadership in the supply chain arena has been recognized with numerous industry awards, including Gartner’s Cool Vendors in Supply Chain Management and Procurement, the Supply & Demand Chain Executive 100 for 2009 and the 2009 Ruban d’Honneur European Business Award in the category of Information and Communication Technology Effectiveness. Privately-held, FreeFlow has headquarters in Tralee, Ireland and US headquarters in San Jose, California. For more information, visit www.FreeFlow.com.

Press Contact:
Anne Patterson
FreeFlow
860.705.0285
Anne_Patterson@FreeFlow.com