How It Works
At ReelCircuit, any company with a need for or excess of cable or pipe storage drums is a few clicks away from a search around the world to find reels that their requirement, or vice versa, if you wish to convert your drums back to cash, you can now re-offer them.
The ReelCircuit platform is setup 100% B2B.
ReelCircuit works on the basis of subscriptions. Bronze, Silver, Gold and Platinum as well as a small commission.
If you are a low volume user, the subscription level is lower, but the commission per listing is higher, with a limited listing maximum.
If you are a high volume user, the subscription level is higher, but the commission let listing is lower, with a higher listing maximum.
In the a matching reel lot has been found, the transaction will be on a direct basis between the searching and the listing party.
Reel listing can simply be done by adding the relevant dimensions of the reels on offer along with their location.
Reel searching can simply be done by entering the diameter and length of the product to be spooled and adding further criteria.
As a result, you will see the matching reels around the world.
Silver members and up will have the option to create a search agent for a weekly update on new reels meeting specs.
This is used e.g. by clients in cable manufacturing industry where they move large quantities of the same reels.
On the supply side, the party having the reel(s) available, will be able to give the reel(s) another life and converting their inventory back into cash, clearing up space and avoiding scrap.
For any questions, please reach out to us at reels@reelcircuit.com