The first trusted marketplace for short-dated & distressed stock
LotXchange connects vetted FMCG suppliers with vetted buyers through structured listings, competitive bidding, and escrow-backed transactions — replacing phone calls, WhatsApp groups and spreadsheets.
Right now, this market runs on relationships and spreadsheets
Large volumes of short-dated and distressed stock sit with suppliers while salvage retailers and wholesalers hunt for exactly that stock — with no structured, trusted marketplace connecting the two.
No central marketplace
Stock moves through phone calls and WhatsApp groups, not a place suppliers and buyers can both rely on.
Discovery is manual
Buyers have no single place to see what's available across suppliers, compare it, and act fast.
No structured way to transact
Deals close on trust and relationships alone, with no vetting or payment protection either side.
How it works
One platform, two straightforward paths — vetted from the start.
- 1
List your stock
Add product details, expiry date, case and pallet configuration, and a product photo — as straight stock or a bid-able parcel.
- 2
Get vetted once
Sign up and get approved by our team, protecting your brand and channel control from day one.
- 3
Sell at a fixed price, or let buyers bid
Straight stock sells at your listed price. Parcels are opened for competitive bidding against your reserve.
- 4
Get paid on fulfilment
Funds are held in escrow and released to you once collection or delivery is confirmed.
- 1
Get vetted
Sign up and get approved before you can browse and transact — so you know every listing is legitimate.
- 2
Browse & subscribe
Filter the marketplace by category, or subscribe to be notified the moment matching stock is listed.
- 3
Buy instantly, or bid
Purchase straight stock outright at the listed price, or place bids on parcels within the seller's window.
- 4
Collect or receive
Pay into escrow, then collect from the DC or receive delivery — funds only release once that's confirmed.
Built on vetting and escrow, not blind trust
Distressed stock carries reputational sensitivity. These two mechanics are core to the platform, not add-ons.
Vetting
Every supplier and buyer signs up and is approved by our team before they can transact. It protects supplier brand and channel control, and protects buyers from bad-faith sellers.
Escrow
Payment is captured at purchase or bid-win, but held — not released to the supplier until collection or delivery is confirmed. It's the mechanism that lets strangers transact with confidence.
Already working with FMCG manufacturers and distributors across South Africa