ABcsi defines Asset Recovery (AR) as; an organization's attempts to capture the highest residual value left in their surplus assets, materials, and all other idle inventories.
The re-emergence of Corporate Social Responsibility (CSR) enhances the definition to embrace environmental, social and stewardship (ESG) using sustainable practices when dealing in waste.
Supply chains struggle years to gain the highest return on each asset. Is is the AR teams responsibilty to maintain those values when the equipment is retired.
ABcsi help clients manage their surplus when where and how they need our help!
Facility closings, equipment upgrades and company surplus centers are areas recovery services are most needed.
AR is a 3-STAGE Process
a. Asset[s] ID- mfg model, size, condition, quantities. ..
b. Logistical ID- costs- in place, removed, crating, freight, storage ...
c. Time elements ID- out of service, removal, title transfer, collections
a. Asset[s] Value- replacement, used, reconditioned, salvage ...
b. Logistical Value- removal, custody transfer, shipping & storage ...
3. Disposition and Divestment
a. donate and employee sales
b. recycle, destroy, re-mediate, agreements w reverse recovery centers
c. sell, transfer title and custody to users and repair centers
1 equipment sale[s] and exchange[s]
2 auctions onsite , off-line
3 private sales / silent sales
Time is money in AR work !!
ABcsi's mission is to keep our clients' and our environment a little greener by keeping our vision set toward leaner and greener net results.