The task of recycling data center equipment can be daunting, but it doesn’t have to be. Certified IT asset disposition (ITAD) service providers can make the process easy. Here’s what you need to know.
Is your data center being upgraded, or is it currently undergoing the closure process? Finding a solution for your decommissioned data center equipment can be daunting, but it doesn’t have to be. In this article, we’ll explore the world of data center equipment removal and ITAD services, with an emphasis on their benefits and addressing common questions.Read More
Understanding the Benefits of Asset Recovery and Recycling
Asset recovery and recycling are integral to managing the lifecycle of various items, especially in today’s technologically driven society. With businesses evolving at a lightning pace, the need for managing obsolete or surplus assets is more pressing than ever. Let’s delve deeper into the definitions, importance, and methods of asset recovery and recycling. Read More
Standard office equipment is only the beginning. Is your business sitting on other ideal candidates for ITAD service?
What electronic assets can be recycled or resold? It’s a question that we naturally have answered more than once. Business-tailored IT asset disposition spans a much wider range than your standard office equipment. Processors, components, network equipment, test and lab equipment, and much more, all qualify for ITAD service.
As the value of IT recycling is increasingly clear to businesses, questions turn practical: ‘How soon can we get started?’
When you have spent decades serving businesses in the IT recycling space, you become well versed in customer needs and concerns. A few questions, in particular, tend to come up. In this post, we’ll give the quick answers to help move you along toward your goal of maximized asset recovery and expedient corporate electronic recycling.
Recycling e waste brings rewards to businesses, including a potential new revenue stream, sustainability leadership, and brand safeguarding
Sometimes you may need a reminder to keep up the good work. Or, if you feel like your organization could do better, you may present a few facts to prove to superiors that recycling e waste makes a difference.
Recycling e waste is far from all we do. With total asset recovery services, we can help you take ITAD recycling to the next level.
There’s more to e waste management than recycling. The key to recouping value is, of course, IT Asset Disposition. Although you may know us as your electronics recycler, ITAD recycling is actually another area where Global Electronic Recycling shines.
We typically don’t spend a lot of time directly promoting our own services, but sometimes you need to toot your own horn, right?
The fact is we provide total asset recovery services for your surplus equipment inventory, manufactured parts, obsolete devices, and end-of-life IT equipment. We built our Global Asset Recovery Program to help you get the most out of your retired assets. Our win-win revenue sharing model means that after we perform necessary repairs, we sell the units through our resale channels and you get paid for the items sold.
The best time for ITAD recycling is now
Coincidentally, asset remarketing is more lucrative than ever. The supply chain shortages have not only caused disruption, they have also resulted in increased demand for refurbished products (we’ll write more about this trend next week). Now is, in other words, an ideal time to capitalize on ITAD recycling.
In summary, this is how easy it is to get started:
Schedule a pickup with GER for your surplus inventory, obsolete, or end-of-life IT equipment
GER tests and repairs the devices, and sanitizes all data
GER leverages its retail and bulk sales channels to sell the devices for the best possible price
You get a detailed report of devices sold, including a certificate of data erasure for data-bearing devices
We send your company its share of the revenue from the sale of the devices
Now, let’s look at each of these steps in more detail.
Schedule a pickup
We wrote as recently as last week about the ins and outs of pickup day. A key feature of the pickup process is our intuitive request pickup form. It allows you to specify exactly what assets you are looking to part with and it helps us prepare to make the pickup as swift as possible.
An ill-prepared electronic recycler, on the other hand, can turn it into a hassle and make you feel like it’s not worth your time. We have heard too many stories of mishaps on this important day. The customized form straightens out all question marks in advance and sets you up for success from the very beginning.
Test, repair, sanitize
First of all, we transport your ITAD assets to our secure testing facility and remarketing site. We then evaluate each asset’s functionality and value. In the event an asset cannot be recovered — perhaps it’s beyond repair, or too dated for resale — it will be recycled.
Once our experts have refurbished and tested the assets, they are only one step away from entering the resale market. To protect the integrity of your brand and prevent data leaks, we also sanitize your data to the NIST 800-88 standard for data security. Now, they are ready for the next step of ITAD recycling: remarketing.
Time for remarketing
GER has a long history of establishing sales channels and successfully leveraging sales in secondary markets. Depending on the nature of your assets, we use retail and/or bulk sales channels to yield the best possible price. Our experience and established channels also give yet another advantage. It allows us to successfully remarket a very high percentage as well as a wide variety of customer assets.
So, what’s the most in-demand?
Two trends stand out:
Testing and lab equipment: This type of equipment retains a significant portion of its value, making it an ideal candidate for remarketing. It’s also not a common sight in secondary markets, mostly because many recyclers don’t know how to remarket these products. Low inventory coupled with high demand translates into a win for you.
Laptops: Laptop sales are skyrocketing. Driven by the pandemic, global shipments of laptops reached 218 million in 2020, a 26% year-over-year bump. Even as we have put the height of the work-from-home days behind us, that figure has continued to grow and is expected to hit 225 million in 2021. Massive demand coupled with supply chain disruptions have made the remarketing of laptops a very worthwhile endeavor.
Detailed report
We know the importance of reporting when it comes to ITAD recycling. Local, state, and federal regulatory bodies all demand different sets of data. Then, you also have your internal supply chain management demands to take into account.
To make your life easy, we create a detailed inventory with the serial number, make, model, asset tag, and other relevant information that allows you to reconcile the recovered assets against your records. You also get a certificate of erasure for data-bearing devices.
Revenue sharing
Here comes the best part. Your end-of-life assets that you had no use for have turned into a new revenue stream. We split the profits from the sale of your devices — 50/50.
How can we help you get your ITAD recycling started?
To fully appreciate the value of e waste recycling, watch this video.
Do you know what e waste recycling looks like put to practice? In this brand-new video, you get to follow the journey of a laptop, from the point of manufacturing to raw material recovery.
Small adjustments to your asset disposition management can have a big impact
It doesn’t take much to safeguard your retired IT assets. Yet, mistakes happen. Whether they stem from a lack of knowledge of proper IT asset disposition management or a “let’s-hope-for-the-best” approach, missteps can be costly.
When your business recycles computer parts and other electronic equipment, the impact is counted in big numbers.
The United States generated 6.92 million tons of e waste in 2019. Yet, it only recycled 15% of the materials. If you also consider the value of raw materials in those discarded electronics added up to $7.49 billion, you can easily see the waste is staggering.
If the pandemic threw off your efforts to recycle electronics, market dynamics make this the ideal time to regroup.
Most businesses want to recycle electronics but following through is not always as easy. Employee turnover and other issues can make the company lose focus on the effort to recycle electronics.
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