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Asset Recovery
As a “one-stop shop”, we offer revolutionary services to cable and
telecom companies. Our diverse capabilities include: decommissioning, transportation,
storing equipment, inventorying, reallocation, resale, donation to colleges/universities
and recycling. We work with you to design an asset recovery plan that fits your
needs.
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Resale
We can sell any excess or obsolete equipment you may have in storage or through
decommissioning. Asset recovery can generate revenue anywhere from 1% to 40% of
the original purchase price of the asset. Some of the factors that determine the
recovery value are not controllable and include considerations like the direction
of technology, age of the equipment, etc. Other factors that will have a significant
effect on the recovery amount are the speed of getting the item to the market and
the ability to find the right buyer.
Excel works on a commission basis, which keeps the process transparent and in the
control of the cable/telecom company. When we find a buyer, we notify the owner
of the bid, the amount of our predetermined commission, and the final amount of
revenue the cable/telecom company will receive. The owner then approves the offer
if satisfied. This prevents a vendor from buying the gear at a cheap price from
the owner and reselling it at a significant mark-up.
Recycling
We can recycle batteries and any other materials you require, such as obsolete equipment
which cannot be resold. We conform to all environmental standards, provide a complete
Audit trail and offer zero landfill on all the material we recycle.
Donation
In some cases when equipment cannot be resold, we can arrange for the gear to be
donated to colleges or universities with related training programs. A charitable
tax receipt is standard practice in lieu of the equipment.
Benefits of Asset Recovery
Financial gain
Direct cash flow will be generated through the sale of assets.
Indirect financial gains will be reaped through space savings, labour cost savings,
depreciation expense, etc.
Space savings
Space will be freed up where the equipment was stored, while money will be saved
through needing less space overall in the headends and warehouses to house the gear.
Corporate social responsibility
A socially and environmentally ethical practice, asset recovery means companies
manage their equipment more efficiently. Colleges and universities can also benefit
through the donation of its used assets, especially if the equipment cannot be sold
anywhere else.
Why Outsource?
Expertise
This is our business. We know how to quickly collect, inventory and sell the equipment
in order to produce the most revenue. Our employees have demonstrated this ability.
We can get your network inventory managed quickly increasing your revenue and decreasing
your costs. We know the market and buyers, including both cable companies and resellers.
More revenue
By selling this equipment on consignment, we provide companies with 60-70% of the
final sale price versus 20% or less if sold to a dealer. With no upfront costs,
companies can only gain from asset recovery services. Finally, since we sell by
commission, we are motivated to get you the best possible price.
Time and service
Because we take care of the collection, inventorying and reallocation of equipment,
there is a significant reduction in the amount of employee time that is required
to generate revenue on the sale of obsolete assets. In fact, with a phone call or
email, our services are employed, meaning a much higher likelihood that the obsolete
assets will be resold rather than being put in a corner, lost or thrown in the garbage.
Immediate response
We can implement this process immediately and sell available equipment quickly.
Keeping on top of the process means higher revenue and an up-to-date inventory.
For more information…
Please contact:
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