At Refurb World our main approach to asset recovery and IT asset management is to partner with the OEM and the OEM's ecosystem of partners to get the asset back in-house, and to harvest as much value as possible through that recovered asset by analyzing and understanding the service requirements within the OEM and their sales channels, and the demand of the open market.
As an OEM, you may recognize this scenario: Assets are either being funneled to recyclers or being sold to the broker market. You, the OEM needing to fulfill service contacts, go to the scrappers or the brokers and recover the assets from them at some multiple of their costs, if those assets are even available. Good for the broker, terrible for the OEM.
Refurb World can manage all the asset recovery efforts for you, give you the right of first refusal for those assets, and own the assets on your behalf. That means that not only do you have access to the amount of material that you need, and the first pick of the highest quality of materials, but also that you will have no binding forecast for those assets - your products that meet your standards, ready for use and available to you, but not in your inventory and not on your books.
Our experienced in-house buyers, logistics experts, repair and refurbishment engineers, and inside sales and services professionals allow us to treat your IT asset management requirements as an end-to-end, balanced demand/supply program.
For each of our customers, we work to forecast material demands, discover sources of materials for fulfill that demand, harvest as much value as possible out of excess materials, and create exactly what solution is needed to meet the unique asset recovery and management needs of that customer.
Here's another scenario that may seem familiar: You're an OEM selling laptops to the end user with a 5-year service contract. Your chip manufacturer just informed you that the chip in that laptop is reaching end-of-life. And now you have a choice: spend $3 million on a lifetime buy to respond to any potential returns, or let Refurb World use our Utility Analysis tool to forecast materials being returned, manage asset recovery programs to fulfill the contracts, hold inventory to which you have the right of first refusal, and liquidate the excess at the end of the 5 years - at a fraction of the cost of the last-time buy of a chip that you may or may not need to use.
Refurb World's asset recovery and management process allows you to reduce wasteful spending, bloated inventory requirements, and material scrapping. This all adds up to a greener environment and a greener bottom line.
