Liquisto provides a data-driven platform that enables manufacturers to identify, manage, and resell excess inventory, effectively reducing material waste. The company also facilitates the repurposing of unused industrial materials through a collaborative digital space, while offering customized analytics to uncover resource efficiency opportunities.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Manufacturers often accumulate excess inventory of raw materials, components, or finished goods due to forecasting errors, production overruns, or changing market demands. Managing and disposing of this excess inventory can be costly, time-consuming, and environmentally unsustainable. Traditional methods of liquidation often result in significant losses and contribute to material waste.
Solution
Liquisto offers a data-driven platform designed to help manufacturers optimize the management and resale of excess inventory, promoting circular economy principles. The platform provides a digital marketplace where manufacturers can list and sell surplus materials to other businesses, reducing waste and recovering value. Liquisto also facilitates the repurposing of unused industrial materials by connecting manufacturers with innovators and researchers who can find new applications for these resources. Furthermore, the platform offers customized analytics to identify opportunities for improved resource efficiency and waste reduction within manufacturing processes.
Target Audience
Liquisto primarily targets manufacturers across various industries, including automotive, aerospace, electronics, and consumer goods, who are seeking to reduce waste, recover value from excess inventory, and improve resource efficiency.
Features
- Digital marketplace for listing and selling excess inventory to a network of potential buyers.
- Matching algorithms that connect sellers with buyers based on material specifications, quantity, and location.
- Secure transaction processing and logistics support for efficient material transfer.
- Open innovation community for sharing ideas and finding new applications for repurposed materials.
- Customized analytics dashboards that track inventory levels, waste generation, and resource utilization.
- Integration with existing enterprise resource planning (ERP) systems for seamless data exchange.
- Reporting tools for tracking environmental impact and sustainability metrics.