Many manufacturers and retailers have viewed refurbished products as a lesser priority. However, recent research shows that refurbished goods represent a golden opportunity for businesses. By selling refurbished goods, your business can generate revenue, improve brand perceptions, and tap into a new, growing market. What Are Refurbished Goods and Why... read more →
Closing a facility is a difficult task, as it usually involves redeploying, selling, or disposing of millions of dollars of real estate, manufacturing equipment, systems and other surplus assets. All of this is in addition to personnel management, logistics, budgeting, inventory and maintaining the timeline for the closure. As an... read more →
When one of the world’s largest construction and civil engineering companies needed to efficiently demobilize from several projects while maximizing profit for the surplus assets involved, it called on Liquidity Services. Background The client had recently completed three construction projects in the remote Curtis Island area of Queensland, Australia. It... read more →
Many automotive manufacturers will eventually face the challenge of closing a production facility. This is no small task, as it usually involves redeploying, selling, or disposing of millions of dollars of real estate, manufacturing equipment, systems and other surplus assets. Additionally, there could be countless potential personnel management, logistics, inventory, budget,... read more →
Success in the biopharmaceuticals industry comes down to continually developing new and useful pharmaceuticals. Even the most innovative products will eventually see their patents expire and their makers' competitive advantage eroded. Then, imitations will flood the market, steal market share and threaten your organization's success Biopharmaceutical companies can overcome this... read more →
With 2016 already underway, many of us are thinking about our New Year's resolutions. Over the next few weeks, people all over the world will begin pursuing the personal and professional goals they set for this year. While these individual goals are important, organizations should have objectives of their own... read more →
Asset valuation is one of the most critical components of surplus asset management, yet many companies lack the time, resources, and market/industry expertise to do it accurately and thoroughly. This can cause trouble for companies when it comes time to develop risk management strategies and meet reporting and compliance requirements.... read more →
No matter the time of year, returns are a significant issue for retailers. But in the weeks following the frenzy of the holiday shopping season, managing the high volume of returns can be challenging for retailers to manage alone. Most retailers have invested significantly in their supply chains, but few... read more →
Consumer electronics are a staple of any shopper's holiday season, and consumers are always looking for the latest and greatest in smartphones, tablets, and appliances. In total, holiday sales make up roughly 20 percent of retailers' yearly revenues, and electronics always comprise a major portion of consumers' shopping carts during... read more →
With onshore and offshore production, energy, and infrastructure needs growing worldwide, demand for surplus mining and construction equipment will continue to increase. Large-scale construction projects in the developing world are creating a need for mining and construction surplus from developed regions. Additionally, increasingly strict environmental and safety guidelines in the... read more →