ElectricSmarts.com, a search engine and information site for the electrical, voice/data, and security industries, recently added a new service for visitors: an online marketplace where contractors can buy and sell electrical surplus inventory.

Provided by SurplusChannel.com, an e-commerce software and IT developer, this service enables users to connect to an inventory of electrical items for sale where interested buyers and sellers can negotiate online. To sell an item, you fill out a simple posting form. Then items can be ready for purchase by thousands of other subscribers within minutes. The online features of the surplus marketplace replace the labor-intensive, time-consuming and paper-based processes traditionally used to unload surplus inventories.

Another important feature of the surplus marketplace is a "Spot Market" where contractors can quickly post a "Wanted Item" urgent request. The system will automatically generate e-mail notices to all qualified sellers that a buyer has posted a wanted item and invite them to enter bids. The buyer can then negotiate online with the seller or sellers of his or her choice.

"We are pleased to be providing this valuable service through ElectricSmarts.com," says Doug Kinney, president of SurplusChannel.com. "Having come from the electrical industry myself, we have designed our SurplusChannel.com marketplace with the best technology and features to solve the needs of users from the electrical industry. We have seen tremendous cost and time-savings achieved by the customers of our marketplace and business software, and we are happy to form an alliance with ElectricSmarts.com."