Investment recovery (IR) represents the third phase of Supply Chain or Life Cycle Management: First, acquire the asset; second, control it while in use; and finally, dispose of the asset. Surplus asset identification is the initial, and therefore, key step in successfully completing that third phase of the materials management process.
Find out how you could maximize your ROI working with specialized sales and marketing partners who bring the best of technology, online marketing, and boots on the ground expertise to your IR department.
As the investment recovery sector becomes more complex and sophisticated, so do the means of asset disposition. Oh sure, you might have […]
From the Backroom to the Boardroom: Integrating Investment Recovery into the Sustainability Value Chain
Sometimes you have to look back to look ahead. For example, let’s take a look at IR’s journey from the backroom to the boardroom over the past five years, starting with an excerpt from a 2014 presentation. Then let’s fast forward to the 2019 Spring Seminar and Trade Show where Tate Duncan, Sr. Sustainable […]
A personal look at the secrets of success of two multi-generational businesses.
George Newmark in his own words: G&S Technologies history
For more than 50 years, G&S Technologies has helped utilities, businesses, and industry safely remove and recycle obsolete transformers and other oil-filled electrical equipment.
G&S stands for Gaby Newmark and Zoltan ‘Sol’ Lefkovits, two Hungarian brothers-in-law […]
An interview with four “Rock Stars” in environmental and demolition take the sustainable spotlight in Orlando.
At the 2018 Seminar & Trade Show, Mike Mitchum, CMIR, and Fred Maier co-presented the popular back-to-back sessions “Demo for Dummies” and “Environmental Concerns.” The audience response was more than just rave reviews – they wanted more at the […]
The need for both a domestic and global solution of collaboration and reform has never been greater.
By Rick LeBlanc. Adapted from: “E-Waste Recycling Facts and Figures,” www.thebalance.com, Oct. 2017
It’s that time of year for the State of the Union Address where the President gives us an overview of how far we’ve come and where […]
Four Auction Rock Stars Share their Industry-leading Advice for Maximizing Asset Disposition ROI
What’s the criteria when choosing between a timed online auction and an on-site auction?
Today, IR professionals have too many choices when it comes to auctions. When to sell? How to sell? Who’s the best auction company for certain surplus assets? How can […]
Welcome to the most comprehensive list of our Associate Members—providing best-in-class products and services specific to the Investment Recovery industry. View and download here.
How, you might ask? Through “repurposing” reusable assets.
OLD FIREHOSES: NEW LIVES
Take for example a fire department’s decommissioned fire hose. It’s a perfect example of an asset that is obsolete to its primary industry but has value, if “repurposed”, by a 2nd, unrelated industry. These old fire hoses could be re-used in low-pressure applications like […]
Doing business in a way that’s good for People, the Planet, and Profits—and as surplus management professionals, we’re in the middle.
My journey with Investment Recovery (IR) and the Investment Recovery Association began in 2007. At first, I thought IR was only about the revenue, but as I dug deeper to evaluate exactly what we […]