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Asset recovery
What is "Asset Recovery"
Asset Recovery, also called investment recovery or resource recovery, is the process of maximizing the value of unused or end of life assets through effective reuse or divestment. Both large and small organizations practice asset recovery at some level with the end goal of obtaining the greatest possible return from the asset. Asset Recovery is also used to describe the process of liquidating excess stock of healthy companies, refurbished items and equipment returned at the end of a lease. The asset recovery process has three main parts: idle asset identification, redeployment, and divestment.
Divestment
This is the process of either selling, scrapping, recycling, donating, or disposing an asset. Divestment involves removing the asset from an organization's books. When this is done effectively, the organization obtains capital that can be placed back into the business. In addition, a good asset sale produces revenue and boosts profits. Donations also build goodwill and deliver tax benefits. The type of divestment selected will depend on the type of asset, its fair value, and demand for the asset in the marketplace.
We have identified the following 4 processes in our aim to be a successfull Asset Recovery company:
1.SECURITY: sanitize, destroy and removal of trace of origin.
2.RECOVERY: refurbish, remarket, deployment in educational institutes and donations.
3.TRANSPORT: de-install, pack, transport and warehouse.
4.ENVIRONMENT: re-cycle
Asset Recovery, also called investment recovery or resource recovery, is the process of maximizing the value of unused or end of life assets through effective reuse or divestment. Both large and small organizations practice asset recovery at some level with the end goal of obtaining the greatest possible return from the asset. Asset Recovery is also used to describe the process of liquidating excess stock of healthy companies, refurbished items and equipment returned at the end of a lease. The asset recovery process has three main parts: idle asset identification, redeployment, and divestment.
Divestment
This is the process of either selling, scrapping, recycling, donating, or disposing an asset. Divestment involves removing the asset from an organization's books. When this is done effectively, the organization obtains capital that can be placed back into the business. In addition, a good asset sale produces revenue and boosts profits. Donations also build goodwill and deliver tax benefits. The type of divestment selected will depend on the type of asset, its fair value, and demand for the asset in the marketplace.
We have identified the following 4 processes in our aim to be a successfull Asset Recovery company:
1.SECURITY: sanitize, destroy and removal of trace of origin.
2.RECOVERY: refurbish, remarket, deployment in educational institutes and donations.
3.TRANSPORT: de-install, pack, transport and warehouse.
4.ENVIRONMENT: re-cycle