Latest News

Westcoast Asset Management at the Westcoast Retail Show

August 2010

The team were out in force at the inaugural Westcoast Retail Show at Vinopolis, London last month. Key suppliers joined with Westcoast customers to hear and see the many new products and initiatives being launched for the fourth quarter.

Highlights included a new range of Haier LED TVs, and a new range of HMDX iPod products offering a superb combination of value and cutting edge design. Top brands such as Belkin, BT, Samsung, Toshiba, Microsoft, and HP were all out in force demonstrating their key products for the peak season.

The show offered a unique opportunity for our many vendors and customers to meet the Westcoast and Asset Management teams and appreciate the unique combination of products and services Westcoast can offer.


New Member of the Team

August 2010

Westcoast Asset Management, a leading player at the heart of the UK returns market, has appointed Gary Ediker as Business Development Manager responsible for developing growth through Third Party Logistics, (3PL) providers serving Retail, Consumer Electronics and IT sectors.

Gary brings a wealth of retail experience to his role at Westcoast, having worked extensively with UK's leading retailers in developing Supply Chain solutions for Sainsbury's, John Lewis, Marks and Spencer, etc. With a deep understanding of retailers global logistics, gained from a leading 3PL, Gary will focus on extending Westcoast Asset Management's unique service and value based solution to 3PL organisations and their clients.

'Working with leading retailers I became increasingly aware of the success and value Westcoast create for their clients while handling returns, and was delighted to have been successful in joining this exciting and innovative organisation', said Gary. He went onto explain how Westcoasts long-standing relationships with OEM's and major Retailers, and flexible approach to meeting client needs, has created a strong service and value based solution, which aligns perfectly with the key drivers of 3PL providers.

Westcoast Asset Management specialise in recovering maximum asset value from Consumer Electronics and IT equipment, sourced from consumer returns and excess stock positions. The development of a 'total' in-house solution, from pick-up to fault checking, and final disposition, guarantees handling and repair costs are minimised, dramatically increasing return revenues. Controlled disposition of stock, through a managed network of established sources, ensures brand and market protection is maintained for retailer and OEM.

With many retailers experiencing return rates of 20-30 percent by volume, increasing regulations on WEEE, RoHS and recycling, Westcoast solve the problem of returned, excess and obsolete stock creating additional valuable margin, simply, quickly and consistently.

For further information on Westcoast Asset Management and services, please contact Gary Ediker, on direct telephone number: 0118 912 6219, or email on gary.ediker@westcoast.co.uk


Westcoast Asset Management at the Gadget Show, NEC Birmingham

April 2010

The team attended the Gadget Show this year, held at the NEC in Birmingham. A wealth of new technology was on display. In particular 3D solutions for both TV and Gaming were in abundance along with a plethora of new mobile technologies, such as the PSI PDA Mobile PC.

Wireless TV's were on display from Panasonic, allowing customers to wall mount their TV without the need for cables, and ultra slim LED TVs were on display from LG offering stunning picture quality.

The team were also fascinated by the display of products from the 80's and 90's such as the Commodore 64, and some rather large 'mobile' phones. This demonstrates that however new the latest technology might appear, tomorrows gadgets can quickly become yesterday's unwanted products.

Westcoast Asset Management have continued provided solutions for manufacturers seeking a rapid and discrete disposal route for excess and end of line inventory, and are confident that this service will be in great demand for years to come.


Analogue-Digital Switchover gathers pace

April 2010

As the analogue-Digital switchover gathers pace, Westcoast Asset Management has teamed up with a digital set-top box manufacturer to bring a range of digital TV solutions to the range.

This range also includes Freesat HD models to take advantage of the massive growth in HD Ready TVs which are now available.

So far, the West and far North of England have already been switched over. Wales was the most recent region to switch off analogue signals, and parts of Scotland and the Channels Islands are due to be completed this year. The bulk of the East and Central England, London, the Home Counties and the South of England are due to be completed by 2012. This process represents a huge opportunity for electrical retailers to take advantage of the demand for both equipment and advice.

Contact our Sales team now to find out what offers are available.


Analogue Radio switchover queried by Lords

April 2010

The Government's timetable for a digital radio switchover has been questioned by the House of Lords. Although a target date of 2015 for radio to switch to digital has been set, the Lords' Communications Committee argued that people were still buying analogue radios. It is estimated that there would be up to 100 million analogue radios still in people's homes and a further 20m in their cars by 2015.

Clearly, much confusion and uncertainty remains, but whatever the outcome, upgrading to DAB whether in-home or in the car allows users to enjoy much better sound quality, enhanced features and a wider choice of stations. Westcoast Asset Management have teamed up with a market leading DAB brand and are well-placed to be able to offer portable, hi-fi and In-Car DAB radios for our customers.