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Updates from October, 2009

  • IT Disposal Best Practices for Maximum ROI


    Jeff Guthier 8:20 am on October 20, 2009 | 0 Permalink | Reply

    Part 3 of a 3-part Series

    • Proactive Asset Life Cycle Planning -Leverage the ITAM processes you currently have to streamline your ITAD programs.  ITAM solutions begin with an Asset Profiler that allows the IT Manager to record the “birth” of the asset into the company network of assets.  This profiler will then proactively monitor the changes to that asset as it evolves and goes through upgrades and maintenance.  This is business intelligence that enables the IT Manager to remain in control of the network and strive for that .9999 uptime. That same proactive approach to maximizing ROI on capital expenditure naturally extends to IT Asset Disposition (ITAD).  In fact, in today’s economy, it is necessary to have the business intelligence for planning the decommission of your assets based on current remarket values, technology refresh roadmaps and ability to supplement capital expenditure budgets for acquisition of new assets.  The data required to do this already resides in your ITAM database.  It simply needs to be looked at from an ITAD perspective, and managed with equally powerful and easy to use tools to support your business models and decision making.
    • Know the Value of your Assets before you Decommission -IT Managers should be able to sit down with their CFOs knowing the financial impact of asset tech refresh and decommission.  This includes current book value or lease buy back value as compared to current remarket value.  All laid on top of depreciation curves to identify the best point in time for replacing your assets.
    • Know the Assets that fall below your Preferred Technology Curve -Dynamically monitor your assets as they are upgraded and maintained against your preferred technology curves.  Know which assets are lacking processor speed, disk capacity, memory, or anything quantifiable that would influence a tech refresh decision.
    • Know in advance if you will Remarket or Recycle your Asset – By combining business intelligence on market valuation, book value and technology curves you can proactively plan your assets for one of two options:  Remarket or Recycle.  This greatly simplifies your downstream ITAD requirements and puts control of asset ROI profitability back into your core processes.
    • Remarket assets yourself in a Trusted B2B Community -Maximize your ROI on assets with market value by utilizing a closed B2B community of Sellers and Buyers.  Buyers that are not brokers or auction site dwellers.  Your trusted high return buyers should be value added resellers, integrators and warranty repair providers that have a business need and revenue model to purchase your asset at a premium.

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  • Common Weaknesses in Today’s ITAD (IT Asset Disposition) Processes


    Jeff Guthier 7:44 am on October 7, 2009 | 0 Permalink | Reply
    Tags: , , recycling, remarketing

    Part 2 of a 3-part Series

    • ITAD Processes are Reactionary – They are not the core competency of the company, so assets come out of use and are moved to the path of least resistance; internal storage, storage off-site, storage at consignment house. Once you decommission an asset without a plan to maximize the ROI, you are already headed down a process of increased overhead and costs to your company.

     • ITAD Processes are Redundant – Consignment models are the most common ITAD service offering. The very beginning processes force redundancy for companies to log the assets they are sending to a consignment house, where the first step is to inventory the assets and report back any discrepancies. Then both companies maintain an on-going inventory of those assets to their final disposition.

    • ITAD Processes are non-Transparent – The true overhead costs of consignment programs is not known to the owner of the asset. Final ROI of the ITAD program becomes blurred in the cost to inventory, tear down, recycle and maintain proper documentation. The recovery value of recycling or remarketing is often settled via a back end revenue share after the cost of doing business. The financials are easily and quickly distorted leaving the asset owner knowing they could be doing better, but not sure how. The Broker will provide the asset owner with a seemingly easy way to dispose of assets by offering pennies on the dollar for a pallet or truckload of assets. The asset owner doesn’t know the true value of their assets, but the Broker knows exactly which “golden nuggets” on that pallet or truck are going to yield high ROI.

    • ITAD Processes are Fragmented – A complete ITAD program may require the consolidation of several downstream partners. The consignment house uses a local recycler which uses a national refiner. Each time the asset changes hands it enters into a different tracking and reporting process that somehow must be maintained in the original asset owner’s back office systems. The internal IT and document control to manage this is another cost of the program.

    Stay tuned for Part 3 of the series, Recommended Best Practices for ITAD

    Visit http://www.servoterra.com to see how they’ve addressed these common weaknesses with a new SaaS solution.

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