Tools commonly used in the Job Lot Merchandise (Wholesale) industry for day-to-day tasks and operations.

• Pallet jacks
• Forklifts
• Hand trucks
• Conveyor belts
• Shrink wrap machines
• Box cutters
• Tape dispensers
• Label makers
• Barcode scanners
• Inventory management software

Common products and services typical of NAICS Code 423990-22, illustrating the main business activities and contributions to the market.

• Discount stores
• Online marketplaces
• Flea markets
• Retailers
• Liquidation stores
• Auction houses
• Surplus stores
• Dollar stores
• Thrift stores
• Warehouse clubs

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

• Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that drivers are aware of the risks associated with transporting hazardous materials and are trained to handle them safely.
• OSHA 10-Hour General Industry Certification: A certification provided by the Occupational Safety and Health Administration (OSHA) that provides workers with a basic understanding of workplace safety and health hazards. The certification covers topics such as hazard identification, avoidance, control, and prevention.
• DOT Commercial Driver's License (CDL): A certification required by the Department of Transportation (DOT) for drivers who operate commercial motor vehicles (CMVs). The certification ensures that drivers are trained and qualified to operate CMVs safely.
• National Association Of Wholesaler-Distributors (NAW) Certification: A certification provided by the National Association of Wholesaler-Distributors (NAW) that recognizes individuals who have demonstrated a high level of knowledge and expertise in the wholesale distribution industry. The certification covers topics such as sales, marketing, operations, and management.
• Certified Professional Sales Person (CPSP) Certification: A certification provided by the Manufacturers' Representatives Educational Research Foundation (MRERF) that recognizes individuals who have demonstrated a high level of knowledge and expertise in the sales profession. The certification covers topics such as sales techniques, customer service, and product knowledge.

A concise historical narrative of NAICS Code 423990-22 covering global milestones and recent developments within the United States.

• The Job Lot Merchandise (Wholesale) industry has a long history dating back to the early 20th century. The industry started as a way for manufacturers to sell off excess inventory and discontinued products to wholesalers who would then sell them to retailers. The industry grew rapidly during the post-World War II era as consumer demand for affordable goods increased. In the United States, the industry saw significant growth in the 1980s and 1990s as discount retailers like Walmart and Target became more popular. These retailers relied heavily on job lot merchandise to offer low prices to consumers. In recent years, the industry has faced challenges due to the rise of e-commerce and changing consumer preferences. However, job lot merchandise remains an important part of the wholesale industry, offering consumers access to affordable goods and providing retailers with a way to manage inventory and increase profits.

The anticipated future trajectory of the NAICS 423990-22 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Job Lot Merchandise (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for low-priced goods. The rise of e-commerce has also contributed to the growth of the industry as more retailers are looking for affordable products to sell online. Additionally, the industry is expected to benefit from the increasing number of discount stores and dollar stores in the country. However, the industry may face challenges due to the ongoing COVID-19 pandemic and the resulting economic uncertainty.

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

• Expansion Of Online Sales Channels: Many companies in the Job Lot Merchandise (Wholesale) industry have expanded their online sales channels to reach a wider customer base.
• Introduction Of New Product Lines: Some companies have introduced new product lines to diversify their offerings and attract new customers.
• Increased Focus on Sustainability: Some companies have started to focus on sustainability by offering eco-friendly products and reducing their carbon footprint.
• Adoption Of New Technologies: Some companies have adopted new technologies such as automation and artificial intelligence to improve their operations and increase efficiency.
• Expansion Into New Markets: Some companies have expanded into new markets to increase their customer base and revenue streams.