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.
Second Hand Market Sourcing
Avoiding Pitfalls, Uncovering Pearls
Op-Ed: Graham Leduke
No Second Guessing in the Secondary Market
Purchasing assets on the secondary market can represent a win/win scenario for both buyers and sellers of equipment, especially in these trying times of deferred projects, reduced capital spend, and staff layoffs.
Today, everyone is looking for ways to save money, cut costs […]
In the Aesop fable, “Belling the Cat” concerns a group of mice who debate plans to nullify the threat of a marauding cat. One mouse proposes placing a bell around the cat’s neck, so that they are warned of its approach. The plan is applauded by the mice, until the leader says, “It’s a […]
Cell phone and mobile technology is changing so rapidly that there is a broad opportunity for both reuse and recovery of these devices, creating substantial financial benefit for investment recovery managers. With an average life span of just 18 months in the U.S., and more than 100 million phones turned over each year, cellular […]
Radio-frequency Identification (RFID) is a continually evolving technology for tracking and monitoring inventories. While it will be some time, years probably, before RFID is a widespread method for tracking surplus industrial assets, it is presently being used in certain commercial applications.