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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…

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…

Started last year, Binbag now is saving 4 tons of e-waste from landfills!

Around 40-50 million tons of e-waste is generated every year around the world. The global e-waste management market size is projected to reach USD 5.04 Billion till 2020 at a CAGR of 20.6% between 2015 and 2020 from USD 1.66 Million in 2014. India is the fifth largest generator of e-waste, it produced 1.7 million…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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…

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…

How Elon Musk, Bill Gates, and Other Successful People Spend Their Weekends

For some, the weekend is a sacred retreat from the hustle and bustle of our busy work lives. For others, the weekend is a myth--Saturday and Sunday are mere extensions of the workweek and a chance to get ahead of the competition. Judging from the various ways highly successful people spend their (at least theoretical)…

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…

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…

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.…

Excess Logic to Reward $10,000 to One Who Finds the Apple 1 Lady

After 2 weeks of unsuccessful searches of the mysterious lady who tossed Apple 1 computer in Excess Logic’s recycling center in Milpitas and didn't leave any contact information, Excess Logic asks for help celebrities and everyone who wants to help. Excess Logic to reward $10,000 to one who buys the T-Shirt, take a selfie, post…

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