Idle Asset Auctions
Online asset disposition is yet another significant service provided by the company. We at mjunction were quick to realise the growing concerns related to idle or obsolete assets.
Industrial development is taking place at a pace never witnessed before, with a sharp focus on improving productivity. This focus can be maintained only through constant technology upgradation, leading to a huge pile of industrial surplus, which needs to be disposed off in a manner which brings about maximum economic earnings. This is where we come in. From run-down production equipment to old computers or even excess office furniture, there is little that lies beyond our purview.
Through mjunction, assets are sold directly to end users via the e-marketplace enabling the sellers to interact straight with them. Our channel also helps in creating a large pool of potential buyers which helps the sellers in getting a better price for their products.
We are now mjunction
Over the years we have grown in every respect - services, people, reach, infrastructure and revenue. As we continue to grow and add value to the supply chains we serve, we have broadened our horizons beyond the world of steel and metals.
We thus felt that the time was ripe to give ourselves a new name, a new identity to reflect our metamorphosis. So we heralded the new year with a new brand name and logo, and we have become mjunction services limited from metaljunction services limited. Other business units under the mjunction umbrella continue to have identities of their own.
Though our name has changed, and our horizons widened, our values haven't. We will continue to bring greater efficiency, convenience and transparency to even more supply chains in the future with the innovative use of IT and the Internet.
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