Category Archives: Money

Ask Not What Your Company Can Do For You…

Ask Not What Your Company Can Do For You…
Did you know that American economy loses $39 billion every year from companies that throw away surplus equipment and IT assets into dumpsters? In 2017 the gross domestic product (GDP) of Wyoming was $40.29 billion. So every year American companies waste an annual GDP of a whole state of Wyoming. You may say “no way”,…
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What stands between us and success?

What stands between us and success?
Xmas is coming! In two weeks we are all going to be busy buying gifts for our friends and relatives, planning our Xmas vacation and decorating Xmas tree. Xmas is the last major holiday of the year. When we share the Xmas table with our friends and relatives there’s a moment when we recall what…
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Best Practices in Asset Recovery for High-Tech Supply Chains

Best Practices in Asset Recovery for High-Tech Supply Chains
High-tech and electronics manufacturers are realizing that it's more important than ever to get control of their reverse logistics processes. They're becoming acutely aware of the value to be derived from recovering, reusing, and responsibly disposing of used products, components, and raw materials. Tighter regulations and growing environmental concerns are forcing manufacturers to act. Yet…
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MTN and Ericsson launch e-waste disposal campaign in Ivory Coast

MTN and Ericsson launch e-waste disposal campaign in Ivory Coast
Ericsson (NASDAQ:ERIC) and MTN Côte d’Ivoire have today launched the campaign to drive the awareness and collection of electronic waste (e-waste) in the country. An e-waste collection station will open to the public at Sorbonne Plateu in the capital Abidjan on October 7 and will be in place for four months. A 20-foot container serves…
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E-Waste to Exceed 93.5 Million Tons Annually

E-Waste to Exceed 93.5 Million Tons Annually
The global volume of e-waste generated is expected to reach 93.5 million tons in 2016 from 41.5 million tons in 2011 at a compound annual growth rate of 17.6 percent from 2011 to 2016, according to a new report from Marketsandmarkets. e-waste recycling san jose According to a new market research report, Global E-Waste Management…
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Oakland council votes against recycling rate hike, reduces compost rates

Oakland council votes against recycling rate hike, reduces compost rates
Dive Brief: Last night, The Oakland City Council approved new rates for commercial composting services, capping the services 30% below the cost of trash services. The Council also voted against a proposal to raise recycling rates by 10%, despite California Waste Solutions' complaints that Oakland overestimated the number of households it serves by 10,000 — which has caused a loss…
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Liquidation as an Exit Strategy

Liquidation as an Exit Strategy
Selling a company to an interested buyer is the method most commonly associated with getting out of a business. But for many small business owners, liquidating assets is often the best or perhaps only feasible method of exiting their businesses, especially retail businesses. The reasons for this are numerous: Your heirs may want nothing to…
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3 Myths About IT Asset Disposal and Electronics Recycling

3 Myths About IT Asset Disposal and Electronics Recycling
Many companies in the electronics recycling and IT asset disposal industry utilize scare tactics and try to focus a buyer’s attention on false narratives to win new clients and increase profitability of contracts.  We believe in transparency and educating our clients.  Here are some facts in response to three common myths being disseminated by disposal…
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How to Perform IT Asset Disposal Vendor Due Diligence. Part I

How to Perform IT Asset Disposal Vendor Due Diligence. Part I
Part 1: Instituting a Master Service Agreement Excess Logic will be publishing multiple blog posts to prepare organizations for audits around computer equipment disposal, environmental compliance, and data security for end of life media and storage assets. On this first series of posts we will be focused on advising organizations on how to develop a…
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Responsible Recycling vs Global Dumping

Responsible Recycling vs Global Dumping
Responsible recycling When we drop off our old computers at an e-waste collection event, or have a recycler come and get them from our offices, we want to believe that the recycler is going to do the right thing: to reuse them if possible, and handle them in ways that are safe for workers and…
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Our E-Waste Problem Is Ridiculous, and Gadget Makers Aren’t Helping

Our E-Waste Problem Is Ridiculous, and Gadget Makers Aren’t Helping
CHANCES ARE HIGH that you’ll be getting or giving new electronics this holiday season: an iPhone upgrade for mom perhaps, or maybe a new Windows 8 ultrabook. Device upgrades have become increasingly frequent for many of us. Unfortunately, too many people give virtually no thought to what becomes of all these discarded gadgets. And neither…
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Here Are the Internal Documents that Prove Uber Is a Money Loser

Here Are the Internal Documents that Prove Uber Is a Money Loser
Uber, Silicon Valley’s prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future. Which may be true. But one thing that’s frequently missing from the conversation about its inevitable dominance over virtually every facet of our lives is the answer to a fundamental question: Does it make…
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How to Liquidate a Closing Business’s Assets

How to Liquidate a Closing Business’s Assets
When you decide to close down your business, you'll need to "liquidate" the business's assets. In plain English, this means you'll want to turn your remaining business assets, such as office equipment, capital equipment, electronic equipment, machinery, tools, and furniture, into cash to pay your creditors—or in a best-case scenario, to put in your pocket.…
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Six Reasons Why Products Become Quickly Obsolete

Six Reasons Why Products Become Quickly Obsolete
Quickly Obsolete Examples of how electronics are “designed for the dump” E-waste is the fastest growing part of the waste stream. That’s because we are buying new electronics at an astonishing rate and tossing out the old ones. New technology is constantly emerging making that old working gadget no longer desirable. Plus some electronic products…
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City of London halts recycling bins tracking phones of passers-by

City of London halts recycling bins tracking phones of passers-by
Recycling bins in the City of London are monitoring the phones of passers-by, so advertisers can target messages at people whom the bins recognize. Renew, the startup behind the scheme, installed 100 recycling bins with digital screens around London before the 2012 Olympics. Advertisers can buy space on the internet-connected bins, and the city gets…
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Sidewalk Labs, a Start-Up Created by Google, Has Bold Aims to Improve City Living

Sidewalk Labs, a Start-Up Created by Google, Has Bold Aims to Improve City Living
Google’s ambitions and investments have increasingly broadened beyond its digital origins in Internet search and online advertising into the arena of physical objects: self-driving cars, Internet-connected eyeglasses, smart thermostats and a biotech venture to develop life-extending treatments. Now Google is getting into the ultimate manifestation of the messy real world: cities. The Silicon Valley giant…
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IBM to Acquire Merge Healthcare in $1B Deal

IBM to Acquire Merge Healthcare in $1B Deal
IBM (NYSE: IBM) announced that Watson will gain the ability to "see" by bringing together Watson's advanced image analytics and cognitive capabilities with data and images obtained from Merge Healthcare Incorporated's (NASDAQ: MRGE) medical imaging management platform. IBM plans to acquire Merge, a leading provider of medical image handling and processing, interoperability and clinical systems…
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What is Asset Recovery, Resource Recovery, Redeployment & Disposition?

What is Asset Recovery, Resource Recovery, Redeployment & Disposition?
This article is about managing the value of assets. Asset recovery, also known as investment or resource recovery, is the process of maximizing the value of unused or end-of-life assets through effective reuse or divestment. While sometimes referred to in the context of a company that is being liquidated, Asset recovery is also used to…
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Top 10 Critical Subsystems Suppliers for 2014

Top 10 Critical Subsystems Suppliers for 2014
VLSIresearch released its 2014 Top 10 Suppliers of Critical Subsystems to the Semiconductor and Related Manufacturing Industries today.  Sales of critical subsystems increased 8% to a value of $8.1Bn in 2014 and seven of the top 10 suppliers achieved double-digit sales growth. The top 10 suppliers now account for 50% of all critical subsystems sales.…
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The Five Biggest Risks to Effective Asset Management

The Five Biggest Risks to Effective Asset Management
According to the PAS-551 standard on asset management from the British Standards Institute, asset management is defined as: “systematic and coordinated activities and practices through which an organization optimally and sustainably manages its assets and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organizational strategic…
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Business is good for vendors of test and inspection/metrology equipment

Business is good for vendors of test and inspection/metrology equipment
Semiconductor test equipment and inspection/metrology equipment are unglamorous yet critical segments of the equipment field. Most people could name the top vendors in semiconductor manufacturing equipment, yet many would draw a blank after identifying KLA-Tencor as a leader in inspection/metrology equipment – maybe Applied Materials and Hitachi High-Technologies, if they’re on the ball. Greg Smith, broadband…
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10 Websites To Help Your Company Save Money on Buying Government Surplus

10 Websites To Help Your Company Save Money on Buying Government Surplus
You have your business, but now you need supplies. Purchasing surplus goods from the government is an easy and affordable way to equip your new and expanding business. From computers to cars to gently used medical equipment, just about anything you can think of that your business might need is sold by the government at…
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China’s Manufacturers Are Shifting Towards Zero-Labor Factories

China’s Manufacturers Are Shifting Towards Zero-Labor Factories
A company in South China’s Guangdong province is building the city’s first zero-labor factory. It’s an effort to address worker shortages and rising labor costs, but the rise of semi-autonomous “smart factories” could be a sign of things to come, in China and elsewhere. As China Daily is reporting, local authorities in Guangdong are introducing…
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4 Best Ways to Sell Your Surplus Equipment Quickly

4 Best Ways to Sell Your Surplus Equipment Quickly
If your business often deals with commercial tools and heavy duty equipment, you understand how it feels when you no longer need those machines and how they can become a burden. Large machines take up a lot of extra space and storage, and like many assets their value decreases over time whether you use it…
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How to Make Money on Equipment Liquidation?

How to Make Money on Equipment Liquidation?
Winding down a business is a straightforward process. The company notifies its employees, its vendors, its creditors and its customers that it is closing up shop. It pays its taxes and fulfills its contractual obligations. It liquidates its inventory and other assets by selling them off quickly, often for less money than the company originally…
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How to Reward $100,000? Excess Logic Shipped T-Shirts to 20 Major CEO’S

How to Reward $100,000? Excess Logic Shipped T-Shirts to 20 Major CEO’S
I hope you have heard or read the news lately about an anonymous lady who tossed an Apple 1 computer to an e-waste recycling center Excess Logic in Milpitas, CA and drove away without leaving any information about her. A couple weeks later Excess Logic sold that computer for $200,000 to a private collector. The story has…
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EBAY Will Be Nothing After The PayPal Spinoff

EBAY Will Be Nothing After The PayPal Spinoff
I’m just going to say it. EBay (NASDAQ:EBAY) stinks. It is awful. Once upon a time, it was a cool place to scoop up stuff you’d find at a flea market. Then things changed. Retailers used eBay as a secondary market. Then the gray marketers showed up, hocking their compatible ink cartridges and “just as good” substitutes for original…
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Beware of eBay. Don’t Sell or Why You Should Swear Off Sell on eBay.

Beware of eBay. Don’t Sell or Why You Should Swear Off Sell on eBay.
I work for equipment liquidation and e-waste recycling company Excess Logic. You could hear about us from news about mysterious lady, who tossed Apple 1 computer in our recycling center in Milpitas and disappeared without leaving any contact information. This post is not about this lady. This post is about a situation with sales on eBay.…
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