SimplexDiam: Wholesale Jewelry Liquidation Specialist

We help your business increase profitability by:
  • Supplying closeout jewelry and diamonds at 20-60% off wholesale
  • Buying excess inventory to improve cash flow and balance sheets
  • Assessing inventory with discreet real-world valuations for loans and guarantees
  • Organizing event, store closing, and going-out-of-business sales to maximize return
  • Providing manufacturing, quality control, and business process services to make global sourcing more efficient

Asset Recovery

Our Asset Recovery Division turns excess inventory into cash. SimplexDiam purchases diamond and jewelry closeouts from wholesalers, retailers, manufacturers, pawn shops, estates, and auctions. We work with major retailers and independent jewelers to improve cash flow and monetize retirement nest eggs. We work with banks to maximize their recovery from liens and repossessions. We buy everything from entire inventories of major retailers and manufacturers to single 50-carat diamonds.

Real-World Inventory Valuation

SimplexDiam provides “true” valuation services for banks and corporations to evaluate the actual, not the “appraisal” value of their inventory. These valuations are done with discretion: for many corporations and institutions confidentiality is of the greatest importance. Our valuation team is skilled in providing reserve prices to guarantee a purchase price in the event of a loan being called in or other circumstances.

Event & Going-Out-of-Business Sales

SimplexDiam organizes profitable event sales for retailers, banks, and shareholders. We created this new division at the request of our customers who complained that the company that managed their event, store closing, or going out of business sale sold its own inventory at the expense of maximizing value from existing inventory. Our events are designed to maximize the family’s nest egg or maximize the bank’s recovery percentage instead. We structure the deal so that our success is tied directly to the success of the client.

Business Process Outsourcing (BPO)

SimplexDiam’s experienced team in India specializes in expediting quality control and improving manufacturing efficiency for retailers and wholesalers. A major retailer used this team to manage millions of dollars of emergency deliveries from design to manufacturing in five weeks, arrange international credit insurance, and perfect quality control during peak manufacturing season.

Manufacturing Services

Simplex’s manufacturing division focuses on key items for major promotions for large and small chain jewelers. Their core focus is to match slow moving diamond inventory with factories in need of business and ensure timely, high quality delivery of updated styles.