After tea, India’s largest B2B e-commerce company, mjunction services limited, has launched its second e-marketplace for non-moving spares – mjValueMart – a one-stop and user-friendly platform for both buyers and sellers of excess inventory of Maintenance, Repair & Operational (MRO) spares.
The platform, accessible at mjvaluemart.com, connects sellers to a large number of verified MSMEs, traders and dealers, to realise the best price. At the same time, it helps MSMEs to buy unused spares at a much lower cost than that they would pay if they were to buy from the Original Equipment Manufacturers (OEMs).
For those organisations with large stocks of inventory, it is aconvenient platform for liquidation of inventory which will ensure wide reach to MSMEs, traders and dealers and optimum price realisation through a transparent process. Third party inspection of inventory also happens for the convenience of buyers and sellers.
For buyers too, it is the most convenient online channel to source genuine, unused MRO spares at a market-determined price. Third party inspection of all listed products and last mile fulfilment are other value-added services for buyers that mjValueMart provides.
“In addition to providing the convenience of digital transactions, mjValueMart has a host of Value Added Services such as inspection and logistics, among others, which are integrated with the platform to provide a seamless end to end experience,” according to mjunction MD Mr Vinaya Varma.
mjValueMart comes with the advantage of mjunction’s long years of experience in transforming businesses using e-commerce and the domain expertise in buying and selling various types of spares. This completely automated transactional e-marketplace is all set to transform the process of liquidation of industrial spares – the key challenge faced by most manufacturing companies, Mr Varma added.