|Inventory valuations on behalf of asset based lenders, company managers, and their advisors have recently taken on increasing significance. Clients often need additional valuation information beyond the scope of cost-based accounting measures. M.E.I. Corporation can provide inventory valuation services that fit these needs.
In most cases, our relatively short questionnaire (when completed by company management) will provide us with enough information to provide a fee estimate and fixed pricing proposal.
Our completed questionnaire will provide us with information related to the following areas:
- description of inventory
- location, volume, and distribution of inventory
- inventory management procedures
- inventory management system
- company distribution channels, production methods, industry, market, etc.
- competitor information
- general company accounting and specific inventory accounting information
With the above information, M.E.I. Corporation can effectively plan and prepare cost estimates that in most cases will be a competitive fixed pricing proposal for an effective and efficient inventory valuation.
In many instances, our firm can provide preliminary valuation results within five to seven business days of a site visit. In turn, we also are mindful of the time required for peer review of our work by the engaging organization before release to the ultimate client.
Our inventory valuation reports are supported by the analytical results of our site visit and company provided information, review of trade/technical press data about the industry/market in question, and blind interviewing of third party industry observers/participants. Our valuations have been tested via actual liquidation and found to be quite acceptable and accurate.
We encourage you to pose any questions regarding our inventory valuation services or our joint venture fixed asset inventory management system.
525 River Street, Suite 201
Batavia, Illinois 60510