By Sean Magann
With an expanding variety of uses, smartphones, laptops and tablets are among the most useful tools in business. These devices are providing convenience for companies and customers alike, such as mobile point-of-sale (POS) systems, while also providing sales and business executives more options to handle business tasks while away from their desks.
Different versions of […]
By Sean Magann
By Anne Kohler
According to the Investment Recovery Association’s benchmark studies, professionally run IR departments return more than a 30X bottom-line net profit for every dollar invested in Investment Recovery operations, thus making investment recovery operations among the most productive departments in any organization. Wow! How many investments are you aware of that can claim […]
Environmental compliance audits of waste disposal and recycling vendors are an important aspect of Salt River Project’s (SRP) efforts to minimize long-term Superfund liability. SRP’s Vendor Audit Program started in the early 1980s and originally focused on Treatment Storage and/or Disposal Facilities (TSDFs) for hazardous waste, and companies involved with recycling of electrical oils. […]
The passage of the federal Sarbanes-Oxley Act more than a decade ago instituted several strict accounting requirements for public companies, one of which directly affects investment recovery managers today. The law stated that companies must report costs associated with future facility retirements in current financial statements. In other words, companies must estimate and recognize […]
There is considerable interest by utilities to expand their portfolios to include “renewable energy” production, i.e., those forms of generation that utilize the replenishing supply of energy from nature. High on the list are wind energy, solar power and thermal steam generation.
However, the recent discovery of new pockets of fossil fuels like natural gas […]
In Lewis Carroll’s Alice in Wonderland, when Alice asks the Cheshire Puss to tell her which way she should go, the Cheshire Puss replies, “That depends a good deal on where you want to get to.” Alice responds, “I don’t much care where…”, to which the Cheshire Puss says, “Then it doesn’t matter which […]
Smart Surplus Solutions. Investment recovery (IR) has historically taken a backseat in strategic planning, but business trends are putting this vital part of an organization’s enterprise front and center. Increasing regulations, corporate responsibility programs, brand protection and demand for real-time performance data all require effective strategies for delivering enduring value to an organization.
Challenged for room in your laydown yard or other surplus storage areas? Imagine the space that the military and commercial airlines require to store their spare aircraft. A sprawling 2,600 acre site on the David-Monthan Air Force Base in Tucson is reputed to be the world’s largest military aircraft cemetery, housing over 4,400 aircraft.