IT asset disposal often entails responsibly removing redundant IT assets from business locations, but IT asset disposal can also be beneficial to your business, as well as a practical necessity. A professional ITAD vendor can help to unlock the maximum value of redundant equipment as a means for reinvesting in new hardware and improved software systems. You’ll need to think about your reverse supply chain to get the most out of this. In this article, we explain how you can unlock the most value from your reverse supply chains through ITAD.
Whereas most companies think about their supply chain management in terms of product returns making its way from vendor to customer, a reverse logistics chain looks at this process going backwards. That’s to say thinking about products, your IT equipment, going from the customer (your business) to a vendor- an ITAD partner. With resale values on the increase, it’s more important than ever to unlock the potential in remanufacturing used products. So, what questions should you be asking the ITAD vendor to unlock the best value from the reverse supply chain? Asking these types of questions could make a big difference to the returns you see on your bottom line.
When is the best time to sell a redundant IT asset to ensure the best return?
While the common belief is that the longer you use a computer the better value you’re getting out of those assets, this isn’t necessarily the case. Using your devices to the point that they no longer function to their highest capacity could significantly affect their resale value. Instead, your ITAD partner should help you establish the balance between getting the maximum use out of devices within their lifecycle, with the optimum resale value and market demand for second-hand IT equipment.
What methods do you use to determine market demand?
Demand for end-of-life IT assets in the secondary market changes over time for a number of reasons and it’s important that your ITAD partner understands the market enough to make educated predictions as to when is the best time to sell your redundant assets. To make the best predictions, an ITAD supplier will be connected to resellers around the world– particularly in emerging markets– who understand demand and buying habits in those locations.
How well-established is your distribution strategy?
There’s little use in understanding the intricacies of market demand if your ITAD supplier can’t ship your redundant assets where and when they are required. Failure to do so at the shortest notice could mean you miss the wave in market demand and miss out on a significant return. Don’t be afraid to ask for proof of how a potential ITAD partner distributes client equipment to overseas markets- it’s important to ensure it suits your needs and expectations.
Whilst these are some of the most important questions you should ask a potential ITAD supplier, you should feel comfortable enough to ask a prospective partner any questions you may have about reverse logistics processes. Making a reasonable return may be high on your priority, but it should not distract from the importance of proper disposal and the protection of all sensitive data- be that about clients, employees or the business in general.
With over 25 years industry experience, tier1 are proud to be the UK’s most accredited ITAD supplier. We possess the skills, accreditations and experience to handle our clients’ data with the care they deserve, and to dispose of it responsibility and legally.
Contact us today on 0161 777 1000 or visit https://www.tier1.com to find out how we can help you dispose of your data safely and reliably.