Having and executing equipment decommissioning and asset-recovery processes is vital for numerous reasons, including those related to procurement, maintenance, security, compliance, and the environment. Arguably, the most important reason is recouping costs on the equipment you are retiring via the resale or recycling of systems and components.
Although some enterprises shine in the procurement and maintenance phases, they fall short in the disposition of assets. As Nick Valliere, project manager at Critical Power Exchange (877/630-7520; www.criticalpower.com), says, it’s still very common for retired equipment to end up in our landfills. To boost your decommissioning and asset-recovery processes, consider the following.