|
Equipment Redeployment Program
Businesses across industries face the ever-growing problem of executing an effective equipment redeployment program. It is costly and time consuming to adequately manage issues and institutionalize business processes supporting redeployment and/or end-of-life of shop floor equipment, excess inventory and surplus goods. Fast-growing manufacturing companies are moving assets to lower cost production environments and liquidating or transferring manufacturing assets as facilities are closed and new sites are established. Slightly used and recently purchased equipment is quickly becoming outdated. Most companies do not have enterprise wide visibility to assets, or the manpower to manage a global asset / equipment redeployment program effectively.
Moving and storing assets and equipment increases storage, insurance, maintenance and configuration costs. Re-deployment of assets within the enterprise is a very cost-effective alternative to reconditioning or refurbishing and extending asset lifecycles improves ROA,Return on Assets. SurplusEQ can reduce your overhead costs by identifying idle and underutilized assets and minimize governance violations and regulatory requirements.
Unused equipment and surplus inventory may be turned into an ongoing source of revenue for many companies. Most of the time, businesses just don’t have the manpower or the time or expertise to liquidate these assets properly, and therefore they are sold off at below fair marketvalue to meet space requirements, rather than business objectives. SurplusEQ’s Asset Zone web redeployment tool was developed through years of experience and best practice Asset management. The tool is used by multinational corporations with geographically dispersed business operations to identify, consolidate, catalogue and redeploy assets prior to a decision about end of life disposition. SurplusEQ has helped financial institutions, government agencies and corporations for over 67 years and valued and disposed of billions of dollars in assets across 80 different industries. Trusting SurplusEQ’s capable and experienced asset management team to help your firm execute an equipment redeployment program means predictable outcomes and excellent returns.
SurplusEQ’s sophisticated, yet user friendly browser-based web tool tracks and helps redeploy assets throughout your organization. The tool expedites identification and internal transfer of needed, but idle assets. The assets can be moved to other systems within your organization for further use and extend the life of equipment. By using SurplusEQ’s asset redeployment program you can delay procuring new equipment and get the most out of your original investment. Assets deemed of no use may efficiently put up for sale through one of the SurplusEQ Industry Exchanges.
With an estimated $60 billion worth of surplus assets on factory floors in the United States, a well-executed equipment redeployment program translates to significant savings and bottom line profitability. | 
