Tools commonly used in the Surplus & Salvage Merchandise (Wholesale) industry for day-to-day tasks and operations.

• Pallet jacks
• Forklifts
• Hand trucks
• Box cutters
• Tape dispensers
• Strapping machines
• Shrink wrap machines
• Scales
• Barcode scanners
• Label printers
• Baling machines
• Wire cutters
• Screwdrivers
• Hammers
• Crowbars
• Pry bars
• Bolt cutters
• Safety gloves
• Safety glasses

Common products and services typical of NAICS Code 423930-38, illustrating the main business activities and contributions to the market.

• Used furniture
• Overstocked electronics
• Damaged clothing
• Building materials surplus
• Returned merchandise
• Liquidated inventory
• Discontinued products
• Off-season goods
• Factory seconds
• Closeout items

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• RIOS: Recycling Industry Operating Standard is a certification that ensures that the company is following the best practices in the recycling industry. It is provided by the Institute of Scrap Recycling Industries (ISRI).
• R2: Responsible Recycling is a certification that ensures that the company is following the best practices in the electronics recycling industry. It is provided by Sustainable Electronics Recycling International (SERI).
• ISO 14001: Environmental Management System is a certification that ensures that the company is following the best practices in environmental management. It is provided by the International Organization for Standardization (ISO).
• OSHA: Occupational Safety and Health Administration is a certification that ensures that the company is following the best practices in workplace safety. It is provided by the US Department of Labor.
• DOT: Department of Transportation is a certification that ensures that the company is following the best practices in transportation safety. It is provided by the US Department of Transportation.

A concise historical narrative of NAICS Code 423930-38 covering global milestones and recent developments within the United States.

• The Surplus & Salvage Merchandise (Wholesale) industry has a long history dating back to the early 20th century. During World War I, the US government established the War Industries Board to oversee the production and distribution of war materials. After the war, the board was dissolved, and many surplus goods were sold to the public at discounted prices. This led to the emergence of surplus stores, which sold a variety of goods, including clothing, tools, and military surplus. In the 1930s, the Great Depression led to an increase in the number of surplus stores, as people looked for ways to save money. During World War II, the government again established the War Production Board, which oversaw the production and distribution of war materials. After the war, many surplus goods were sold to the public, leading to another surge in surplus stores. In recent history, the industry has seen a shift towards online sales, with many surplus stores now selling their products through e-commerce platforms.

The anticipated future trajectory of the NAICS 423930-38 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Surplus & Salvage Merchandise (Wholesale) industry in the USA is expected to experience steady growth in the coming years. The industry is expected to benefit from the increasing demand for affordable goods and the growing trend of sustainability. The industry is also expected to benefit from the increasing adoption of e-commerce platforms, which will enable wholesalers to reach a wider customer base. However, the industry is also expected to face challenges such as increasing competition from other industries and the rising cost of raw materials. Overall, the industry is expected to experience moderate growth in the coming years.

Recent groundbreaking advancements and milestones in the Surplus & Salvage Merchandise (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Increased Adoption Of E-Commerce Platforms: The industry has seen an increasing adoption of e-commerce platforms, which has enabled wholesalers to reach a wider customer base and increase their sales.
• Growing Trend Of Sustainability: The industry has seen a growing trend of sustainability, with wholesalers focusing on the recycling and repurposing of goods. This has enabled wholesalers to reduce their environmental impact and appeal to environmentally conscious consumers.
• Increasing Demand for Affordable Goods: The industry has benefited from the increasing demand for affordable goods, with wholesalers offering a wide range of products at competitive prices.
• Expansion Of Product Offerings: The industry has seen an expansion of product offerings, with wholesalers offering a wider range of products to meet the diverse needs of their customers.
• Growing Focus on Customer Service: The industry has seen a growing focus on customer service, with wholesalers investing in training and development programs to improve the quality of their customer service.