Surplus Stock Worldwide – The Irish Times

Terry Reihill is an engineer with 30 years’ industrial experience working in production, materials management and purchasing. Stocktaking was part of his job and over many years he had become aware of just how much stock becomes surplus to requirements and ends up gathering dust.

In 2004 an idea began to form in his mind to turn surplus stock into a business. When he was made redundant in 2010 this was the push he needed to see if his idea for a new global eCommerce website for industrial surplus stock could cut it in the real world.

Reihill spent around €30,000 getting Surplus Stock Worldwide off the ground and was supported by the Cavan County Enterprise Board in the start-up phase.

“My view was that there was a big market out there…

Source link