Cox Communications provides video, voice, data and security services to more than six million residential and commercial customers. Despite our size—Cox is the third-largest cable provider in the nation—we’re relatively new to investment recovery. Prior to 2010, we had no dedicated investment recovery resources. Ownership of asset retirement functions was mixed across corporate and […]
With more than 1.2 billion pallets in use in the U.S. every day, and an estimated 90% of our manufactured goods moved in a unit load format on a pallet, the often overlooked pallet is a key component in the product distribution system. The pallet provides an efficient and economic means to transport and […]
Eli Lilly and Company (Eli Lilly), a Pharmaceutical Company headquartered in Indianapolis, Ind., has approximately 38,000 employees worldwide and is a member of the Investment Recovery Association. The asset recovery department, once called “plant salvage,” consists of two full time associates and three full time contractors.
Neanderthals have gotten a bad rap. An incorrect analysis of a skeleton excavated in 1908 provided a mistaken view that was universally accepted by paleoanthropologists for decades: that Neanderthals were dull-witted, ape-like creatures. This cavemen image still persists, yet it is in stark contrast to the more recent archaeological record. In actuality, Neanderthals created […]
Physics teaches us the physical law that “matter can neither be created nor destroyed, but can only change form,” which I believe should constitute the philosophical high ground of the business of Investment Recovery.
White elephants aren’t really white, nor is one person’s trash always another person’s treasure. But for an IR professional, it’s hard to overlook the rapid rise of eBay® and other online auction sites, popular TV shows such as the Antiques Road Show or the growing acceptance of recycling and sustainability efforts by consumers.
If you’re not practiced in the nomenclature of sustainability, now’s the time to learn, and to become more involved in actively ensuring that your departments’ investment recovery efforts are captured in your organizations’ sustainability reporting. After all, much of investment recovery deals with the highest and best use of assets—one of the key tenets of sustainability. This article covers the basic concept of sustainability and how it relates to investment recovery, then introduces the
In a recent online survey of members and associate members of the Investment Recovery Association, we asked what the economy’s potential impact might be on their IR activities, changes in travel and training budgets, likely attendance at the upcoming Scottsdale conference and more. Here’s what you had to say.
Social media has been around for long enough and has penetrated enough of the marketplace that researchers are beginning to study the data streams in this format to determine its level of influence. J.D. Power and Associates just released its predicted consumer trends for 2011 based on data obtained through social media. According to J.D. Power and Associates, here’s what to look for next year and implications for the investment recovery professional.
Henry Ford himself abhorred waste of any kind and once remarked, “What we call waste is only surplus and surplus is only the starting point for new uses.”