Mission Statement
Few businesses run at 100 percent capacity. Unsold appointment time, empty hotel rooms, unsold venue passes, unfilled advertising space, rapidly depreciating stock, end-of-line items or oversupplied products all represent lost revenue which otherwise will never be recovered.
It is Ormita’s mission to transform this otherwise lost profit into new income and benefits for business.
Ormita:
- targets businesses which have reached a certain level of cash sales but which still have the capacity to expand output - without needing to increase their cash costs to do so
- provides members the ability to trade their excess capacity or unsold inventory for products and services they need - without the need for cash
- acts as a centralised broker for trading excess capacity by operating an online and brokered trade floor
- promotes the trade of excess assets by arranging local networking meetings, producing an electronic and printed membership directory, sending email and SMS broadcasts of latest deals and distributing regular newsletters to participants
- operates a bank-like system for trade transactions so that members do not have to engage in direct “barter”, thereby allowing them to sell to one member for trade credits and buy from another with the same trade credits
- allows for trade in areas which are “rich” in skills and assets but “poor” in cash
