With millions of electronic devices reaching end of life every year, businesses inevitably question, what to do next. Knowing when to initiate a technology refresh, or finding the asset value recovery ‘sweet spot’, can be very perplexing! The make and model of the asset, market demand, and deprecation rate make a massive impact on determining when it’s best to retire assets and purchase new ones. This is a part of the industry where it pays to have a strategic and transparent IT Asset Disposition (ITAD) partner. The right reverse logistics supplier will advise you when it’s best to retire your current IT assets.
For example, Windows laptops depreciate at a rate of 0%-5% monthly. Although it’s important to get the most use out of your IT assets, knowing when to remarket them while they still have a value attached to them, is just as important.
External factors can have a great influence on your refresh cycle. In the current climate, the market has fluctuated with an increase in demand. Therefore, it may be advisable to push a refresh cycle to an earlier time in order to recuperate the upfront costs.
Additional Revenue Stream
A common misconception of the ITAD industry is the associated costs of the services. One could conclude, that fiscally, the addition of yet another supplier to your organization, is an additional cost of doing business. However, an ITAD vendor will evaluate if that old laptop can be remarketed or reused.
There are many organizations nationwide that have been able to achieve cost-neutral programs. Say your annual recycling fees for non-valuable IT products (phones, printers, keyboards) is $40,000 a year. A strategic ITAD vendor can recover those costs by remarketing retired IT assets that still hold value (laptops, desktops, servers and more).
At OceanTech any equipment that still holds value is cataloged for reimbursement, sanitized of all data, reset to factory default setting, and returned to grade-A condition to guarantee the best possible resale rate. Our expert sales and marketing teams will work within our exceptional network of trusted consumers to ensure your equipment is sold to the best end-user or IT broker for maximum return on your assets.
Closing the Loop
We are all consciously aware of the undeniable good recycling does for this planet. With consumers doing their part, it is key that organizations across the world follow suit and adopt an environmentalist approach regarding their end-of-life IT. When you use OceanTech for your e-waste recycling, you will have peace of mind that your equipment will never end up in a landfill or incinerated. It is the cornerstone of who we are at OceanTech and our certifications back it up.