The first part of the EquipNet toolkit series is designed to educate and inform on best practice for asset management within the chemical, biotechnology, pharmaceutical and food industries.
The EquipNet asset management toolkit will be built up of a series of short pieces including: articles, infographics, cases studies and Q&A’s from leading experts.
A unique Value Control Model demonstrates the 4 main tiers of EquipNet’s asset management solution.
Taken individually, each service helps meet independent challenges, such as having assets that can no longer be used in its current location, or needing to buy a specific instrument quickly and economically.
When combined, however, they unite to provide a comprehensive surplus asset management programme (see Fig 1).
Asset visibility and redeployment
At the heart of the EquipNet offering sits ARMS (Asset Redeployment Management System), a proprietary software platform installed behind a company’s firewall and accessed across multiple sites.
A simple, yet robust programme, ARMS features workflow management tools, in-depth search functionality, and comprehensive listing capabilities.
This information shows company managers what they have and where it is located. Using ARMS, a business can choose to redeploy idle assets to another part of the company. This approach guarantees the maximum return on investment made on any particular piece of equipment.
Managed sales for maximum return
Where assets cannot be redeployed, EquipNet uses a range of sales channels to release value and generate revenue.
Operating one of the biggest online market-places for laboratory, production and packaging equipment, and with the industry’s most experienced team of equipment and market specialists, EquipNet brokers direct negotiated sales to generate a ’best price’ outcome.
Competitive Bids for rapid results
A regular schedule of popular auctions provides the ideal channel for equipment sales. EquipNet conducts on-site auctions and web-based events.
In many cases, auctions provide the rapid turn-around needed when relocating, or closing, an entire facility.
EquipNet offers a unique service to both bidders and sellers, though its SmartAuction technology (see Fig 2).
Clearance and scrap value
In any programme, there will be equipment that cannot be sold. In this situation, EquipNet experts can guide and assist with decisions regarding value for scrap, recycling or donation to an appropriate cause.
