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Set up your own Surplus Asset Management program
Overview
Our Surplus Asset Management programs are designed to improve end-of-life realization on your manufacturing equipment. Our experienced team and Digital Lifecycle Suite help our customers to:
- Reduce capital expenditure through internal redeployment.
- Ensure compliance and maximize process efficiency.
- Return incremental cash through private treaty or auction sales, and improve overall surplus equipment management.
Benefits and features
Global Scale & Capability
With over 75,000 assets sold in over 20 countries in the past two years, you can rest assured that we can execute with your company.
Governance & Compliance
Use our policy blueprints, our tried-and-tested approach and digital tools to build process rigour and standardise surplus / disposition activities.
Increase Cash Returns
Our digital platform and marketing capabilities are multi-currency, and multi-lingual, these enable increased returns through private treaty or auction sales.
Wing to Wing Coverage
We support the management of assets from cradle-to-grave through a number of core capabilities across finance and supply chain. Complete management of the sale process for used & surplus equipment and materials
Build a compliant process for your organization
Unlock residual value using a three-step process to manage all surplus:
1. Identify & Manage
Capture assets in-situ or load via bulk into AssetFlow, our Asset Specification & Approvals tool.
2. Redeploy
Redeploy your equipment across your organization using our Redeployment Marketplace.
3. Remarket
Remarket assets through the GE Warehouse, our global marketplace with over 5,000 registered buyers.
- Capture Assets In-Situ or Bulk
- Send for Finance & EHS (Environment, Health & Safety) team approvals
- Send directly to Redeployment or Remarketing channel
- View Assets Available across your organization
- Create Wanted Asset Ads
- Asset Procurement Services to support in-direct sourcing needs
- View Assets from Used & Surplus + Restructuring Events
- Access to our Global Vendor Network
- Capabilities for Auctions, Make Offer, and Private Treaty Sales
Redeployment
Optimize Capital Expenditure
Our Surplus Asset Redeployment platform enables a key pillar of our 3-step process for managing surplus assets across your organization.
- Create a single destination for managing surplus assets in your organization
- Provide colleagues with Policies, Process (i.e. Accounting Treatment) and Key Contacts
- An internal marketplace providing information on Available Assets, allow users to "Request Transfer"
- Wanted Asset Ads allow colleagues to understand if you have a need for a specific asset
- Access to Procurement and Remarketing services from Chain AMS
- Suite of Reporting tools to share Redeployment successes, and Remarketing projects
GE Warehouse
Global Auctions & Marketplace
Our global marketplace with over 5,000 registered buyers, a fully managed process from spec-to-sale with a focus on compliance.
- Run auctions in various currencies
- Target local and international buyer databases
- Navigate VAT & customs implications
- Advertise & sell equipment online in multiple languages
- Maximise returns and residual values
Site Closures & Projects
Expertise
Our proven process for site closures and projects enables you to meet your project disposition goals, whilst ensuring compliance, enabling redeployment opportunities and maximizing residual equipment values.
1. Establish
Work with Chain AMS to solidify project goals, timeline, and assets to be included.
2. Evaluate
Chain AMS, alongside our partners will complete an onsite assessment of value for each asset.
3. Plan
Together, we will determine the optimal asset disposition plan based on the equipment, scope, and your goals.
4. Execute
We will implement a precision sales and marketing strategy to maximise residual asset value whilst selling assets compliantly.
Procurement
Expertise
Through our Global Vendor Network and proprietary technology we use to monitor the secondary market, we can help you source equipment from the huge pool of assets available on our platform, and around the world.
- Eliminate lead time
- Provide significant first cost savings
- Compliant process designed to match your key requirements to an prospective asset
Please contact us to learn more about this service, we also offer a number of turnkey solutions to finance your procurement efforts.
Underlying services
Gain control over your surplus assets with prescriptive guidance and the tools to ensure success.
- Procurement
- Redeployment
- Remarketing
- Site Closure Support
- IT Asset Disposition
- Appraisals & Valuations
- Surplus Asset Suite
Use Cases
Plant Disposition
Surplus Assets
Finished Goods
Scrap Materials
Key Statistics
75,000 Assets
In the last 2 years, we've sold over 75,000 assets across 30 different asset classes.
$100MM Sold
We've returned over $100MM in cash back to our customers in the last 2 years.
20 Countries+
Successfully executed sales in over 20 countries. Worldwide capability and execution enabled by a global network of partners.
Global Coverage
- Our global team advertises and sells equipment online in multiple languages
- We support a number of formats:
- Private Treaty (Buy Now or Make Offer)
- Online Auction
- Multi-currency support, strong experience with VAT & Customs implications
- Localized marketing campaigns, targeting local and international buyer databases
Case Studies
Asset Management
- Peterborough, Canada – 1.1MM sq. ft. facility closure
- Setubal, Portugal – 500K sq. ft. facility closure
- Comodoro Rivadavia, Argentina – 125K sq. ft. facility closure
- Surabaya, Indonesia – 340K sq. ft. facility closure
IT Asset Disposition
Wing to Wing
We've developed turnkey solutions to manage the leasing of IT assets and end-of-life disposal of IT assets.
- IT Equipment Finance
- Data Center Disposal Services
- Value Recovery
- Equipment Recycling
- Data Sanitization
- Mobile Device Disposal