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Idle Asset Optimization™ Provides a Modern Means to Save on Capital Spending and Improve Return-On-Investment
Author            :Roger Gallo
Designation    :CEO and President
Company        :EquipNet, Inc.
      

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Managing the assets of a global manufacturing corporation can be a daunting task, and until recently, few good management tools and services have been available to that end. After years of decentralization, mergers, plant closings, technology changes, etc., few companies have a truly accurate assessment of the amount of capital equipment that they own, and still less have strategies and processes to maximize the return from these assets. This paper introduces the specialized but efficient practice of Idle Asset Optimization. Historically, the common approach was to phone the local equipment dealer and receive a small percentage of fair market value, but today there are several outsourced providers of surplus sales whose know-how and ability to manage the various channels of disposal can add millions of dollars to a company’s bottom line each year. This paper will illustrate the major financial consequences for large multinational corporations, especially those in the midst of mergers, acquisitions or restructuring.

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