Aerospace & Jet Manufacturer Utilizes Liquidity Services Program Management Expertise

Industry
Areospace
Challenge
An aerospace and jet manufacturer was going to close a plant under a compressed timeline.
Results
Because Liquidity Services was already an installed service provider working closely with them, we could very quickly put resources on the ground for inventory and put together a strategic plan to get them out of that facility in time, helping them meet their working capital goals for $68 billion.
Our Client Success
Mike Besecker, Sr. VP, Global Sales
We've been working with, an $86 billion, global, aerospace and and jets manufacturer for the last few years, and they came to us on a specific project that had a tight timeline. And because we had a team on-site and an account manager that was working with their counterpart, they had a plant closing that was coming up.
The timeline got compressed, but because we were already an installed, service provider working closely with them, we could very quickly put resources on the ground for inventory and put together a strategic plan to get them out of that facility in time and really hit all the key milestones for that project.
Not only were we able to provide very good recovery, but we were able to meet a very, very tight timeline, which was important for the client. So, the benefit of having having us there early in that process was was key to the customer.