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asset recovery

Asset Recovery is a trade term used to describe the process of reselling equipment from a business in the process of going through bankruptcy or foreclosure. An asset recovery company will purchase the equipment at a discounted price and resell it for a profit, giving some, if not most, of the money back to the ailing company or creditors. Asset recovery is a business process for optimizing the residual value of assets that are: 1) scheduled to become inactive, 2) underutilized or 3) already inactive. Effective Asset Recovery includes executable and sustainable management strategies throughout the Asset Life Cycle to dramatically improve business performance. The Asset Life Cycle starts when a company identifies a need for an asset, then moves into the acquisition phase where the asset becomes tangible or real, then moves into the operational phase where the asset is used for its intended purpose. At the point in time when assets become surplus at their current facility/location the asset enters the Disposition Phase of the asset life cycle. Assets become surplus for a variety of reasons, including: evolving business requirements, corporate direction, obsolescence, underutilization or wear and tear. There are several terms used to describe the Disposition phase of the asset life cycle, “Investment Recovery”, “Asset Management”, “Disposal Management” or “Asset Recovery”, but regardless of what you call it, the objective is to optimize the residual value of the surplus (unused or under-utilized) assets. Wiki asset recovery
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ewaste

Ewaste is Electronic waste. E-waste as Waste Electrical and Electronic Equipment is a waste type consisting of any broken or unwanted electrical or electronic appliance. Recyclable electronic waste is sometimes further categorized as a "commodity" while e-waste which can not be reused is distinguished as "waste". Both types of e-waste have raised concern considering that many components of such equipment are considered toxic and are not biodegradable. Responding to these concerns, many European countries banned e-waste from landfills in the 1990s. The European Union would further advance e-waste policy in Europe by implementing the Waste Electrical and Electronic Equipment Directive in 2002 which holds manufacturers responsible for e-waste disposal at end-of-life. Similar legislation has been enacted in Asia, with e-waste legislation in the United States limited to the state level due to stalled efforts in the United States Congress regarding multiple e-waste legislation bills. Due to the difficulty and cost of recycling used electronics as well as lackluster enforcement of legislation regarding e-waste exports, a staggering amount of used electronics has made its way into countries such as China, India, and Kenya where lower environmental standards and working conditions make processing e-waste more profitable. If treated properly, electronic waste is a valuable source for secondary raw materials. However, if not treated properly, it is a major source of toxins and carcinogens. Rapid technology change, low initial cost and even planned obsolescence have resulted in a fast growing problem around the globe. Technical solutions are available but in most cases a legal framework, a collection system, logistics and other services need to be implemented before a technical solution can be applied. Electronic waste represents 2 percent of America's trash in landfills, but it equals 70 percent of overall toxic waste. Due to lower environmental standards and working conditions in China, India, Kenya, and elsewhere, electronic waste is being sent to these countries for processing – in most cases illegally. Guy in Shinto region of China, and Delhi and Bangalore in India, all have electronic waste processing areas.[2] Uncontrolled burning, disassembly, and disposal are causing environmental and health problems, including occupational safety and health effects among those directly involved, due to the methods of processing the waste. Trade in electronic waste is controlled by the Basel Convention. Electronic waste is of concern largely due to the toxicity and carcinogenicity of some of the substances if processed improperly. Toxic substances in electronic waste may include lead, mercury, cadmium. Carcinogenic substances in electronic waste may include polychlorinated biphenyls (PCBs). A typical computer monitor may contain more than 6% lead by weight, much of which is in the lead glass of the CRT. Capacitors, transformers, PVC insulated wires, PVC coated components that were manufactured before 1977 often contain dangerous amounts of polychlorinated biphenyls. Up to thirty-eight separate chemical elements are incorporated into electronic waste items. The unsustainability of discarding electronics and computer technology is another reason for the need to recycle – or perhaps more practically, reuse – electronic waste. Computer Liquidators wholesale liquidation
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