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Asset Recovery: The Complete Guide

August 13 Phillip Slater

Asset RecoveryThe identification and removal of surplus, excess, or obsolete inventory can be a major headache for most companies. So much so that it often seems easier to ignore than to do something.

But that approach can’t last forever as this ‘zombie’ inventory is a drain on the balance sheet and eventually people do notice.

Dealing with this situation is usually referred to as ‘Asset Recovery’.

One issue for the people managing the inventory is that there aren’t actually many resources available that explain what you can do about the situation. What are the different methods for management? What are the different methods for selling surplus items?

Well, NRI Industrial, a member of our Spare Parts Alliance, has produced an ebook that explains it all: The Complete Guide to Asset Recovery.
 


The Complete Guide to Asset Recovery


 
The Complete Guide to Asset Recovery explains everything that you need to know about about the recovery of value from outdated, obsolete, or used industrial spare parts.

This guide:

  • Explains the key terms used when discussing asset recovery.
  • Explains the benefits (and it’s more that just capital management).
  • Shows three ways to identify surplus items.
  • Identifies six categories of items that can subject to asset recovery.
  • Details seven methods you can apply – and the risks and benefits of each.
  • And how the value recovered varies by each.
  • Identifies who should manage the process.
  • Explains the different methods for selling surplus items.

Plus, this asset recovery guide is complimentary!

To get your copy, complete the following form and then check your email.


 
 
 


You might also be interested in reviewing all of our complimentary spare parts management guides.


 
 

Filed Under: Spare Parts Alliance

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Recommended Software and Services


Inventory Optimization Software


Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. Read more...

Asset Recovery


NRI Industrial specializes in the management, marketing and sales of surplus industrial assets. They provide solutions to recover value from overstock, surplus and obsolete inventory. Read more... NRI Industrial

Reliability and Maintenance Education


The Reliability & Maintenance Center at the University of Tennessee, Knoxville, provides comprehensive programs of education in reliability and maintenance practice. Read more... RMC

Spare Parts Management Consulting


Phillip Slater, Founder of SparePartsKnowHow.com, spare parts inventory management specialist, consultant, guide, and mentor. Read more... Phillip Slater  

Online Resources, Training, and Support


SparePartsKnowHow.com: The most comprehensive online resource dedicated to spare parts inventory management. Visit the  Welcome page to read more >>> spare parts alliance

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