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.
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As the investment recovery sector becomes more complex and sophisticated, so do the means of asset disposition. Oh sure, you might have […]
You are sitting at your desk, toiling over the daily reports, when your inbox chimes. You’ve just received a notice from one of your internal customers that he has a nice piece of machinery that needs to be sold in a short time frame. All of the required releases and specifications are attached to the email but none of the financial information (original purchase price or net book value) is included. You are free to market the asset but you don’t normally deal in these assets and don’t have much
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 […]
Whether buying or selling a car, making a major purchase for your company or even discussing an appropriate bedtime with your kids, everyone likely has some experience negotiating. Some of us “love the game” and others try to avoid the exercise completely. We negotiate constantly, mostly on small things where we may not be […]
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 […]
“The prevailing wisdom has been that to get ahead, you should learn something from one company and move on—and up—at the next,” says Brian Kropp, a managing director at CEB, an executive advisory firm that offers data analysis of more than 50,000 employee surveys from 10,000 organizations. “But that only produces short-term effects. In […]