Goospares is a new business which will use the web to bring the sellers and buyers of unused, slow moving and non-moving inventory (Inventory in the form of finished goods, idle plant and equipment, raw materials & work in progress and MRO spare parts) that are held as stock for long time by the business. If a certain technology is outdated in one part of the world, the same needn’t be outdated in every part of the world. Similarly, if one product doesn’t have demand in one part of the world, the same needn’t be the case all over the world. Both technology and demand are geography specific. Goospares uses the above concept and attempts to provide a solution to the business having excess, unused, slow moving and non-moving inventory. Goospares would ensure that slow moving and non-moving inventory find an avenue to move. The global presence of Goospares along with the subject matter expertise which it has got across multiple industrial verticals would ensure that it gives life to dead inventory.