Yes, refurbished IT hardware can address supply chain issues
Maybe not all issues but, refurbished hardware can certainly solve some of the issues AND, the products are readily available!
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Do you find yourself in a position where
- It will be weeks, even months before the IT products you ordered are delivered?
- Upper management is constantly calling you, asking where the products you ordered are?
- Lengthy backorders are costing your business thousands of dollars everyday?
- The IT supply chain issues are causing you to lose market share?
Answered yes to any of these questions?
You are not alone!
Nowadays, information technologies play a critical role in achieving that goal. However, the chip and semiconductors shortages have caused a lot of turmoil in the IT industry. Being that a lot of those products are manufactured and shipped from China, the situation was only made worse by the Covid-19 pandemic.
Lockdowns in China have stopped production lines and shipping has slowed down to a crawl. Everything needed to make a bad situation worse!
As a business owner, a senior executive or a board member, it’s your responsibility to find ways to grow your business and its revenues. It’s also your responsibility to find ways to solve or, at the very least, find workarounds, that will address situations that negatively impact your business and its bottom line!
This being said, there is one way to help solve the problems you’re faced with. You can buy and use refurbished IT hardware products! They can and do provide you with a solution to the current dilemma you are faced with.
What exactly are you supposed to do here?
Wait until the situation is resolved and everything gets back to normal? Maybe in some cases that's the only option BUT, what if you don't have to?
"Possible" solution to supply chain issues!
Refurbished hardware “may” provide the solution you need
Facts are facts!
You’re faced with a situation where it will be weeks, even months, before the IT products you ordered are delivered?
Even if they are discontinued or EoL, the refurbished products currently available “may” still be able to meet your needs for years to come!
As far as supporting the products is concerned, if you’re dealing with a reputable supplier, that supplier will be in a position to support you for as long as you use the product(s).
Short answer to that statement is; so what?
If it meets and exceeds your needs, it just means you won’t need to replace it for years!
Bottom line, not having to replace the hardware for years means you’re saving money! As a business owner, saving money should appeal to you.
Lengthy IT hardware backorders are costing your business thousands of dollars everyday?
Again, there may be refurbished products available in the secondary market that will meet, maybe even exceed, your requirements.
Even if it’s a temporary fix until you get the hardware you ordered, using those products enables you to get your project going and, stop loosing money!
And who knows, once you finally receive the product you ordered, further to seeing how the refurbished equipment you brought in works, it is conceivable you may find another use for those products.
If not, your supplier, or someone else, may be willing to buy it back from you.
The situation is that even if they are refurbished, the products available are still too expensive!
If the backorders are penalizing your business and the simple facts are:
- Your production has stalled because you can’t get the products you ordered in a timely manner.
- You’re losing revenues and market share.
Just ask yourself; How much is my business worth?
If the refurbished product meets your needs, chances are that your business is worth far more than the price of the refurbished products being offered to you!
Also, as previously mentioned, once you get the products you ordered, your supplier may be open to buying back the hardware that was supplied to you.
In our article “Cut costs! Buying refurbished is good business”, we talk about the benefits refurbished hardware offer businesses of all shapes and sizes.
Having said that, in these turbulent times we live in, in order to continue operating at peak performance, it’s time to think outside the box. Otherwise, you may find yourself paying a steep price!
When it comes to finding the hardware you desperately need to keep operating at peak performance, thinking outside the box may mean looking at what’s available in the refurbished market.
Who knows, refurbished hardware "may" indeed help solve some of the IT supply chain issues you’re faced with.