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Investment Recovery
T&T has developed systems and worked for many customers, including industry leaders in investment recovery business.We employ a comprehensive, and customized approach to each of our customers’ investment recovery initiatives,from the initial project scope and risk assessment through to final project review with our customers. T&T Machinery ensures the highest possible returns for our customers while carefully managing all risks associated with asset redeployment, investment recovery, and salvage projects. The strategy to remarket your surplus plant property and assets will be mainly determined by the size and character of the lots available. Our result oriented strategy follows a standard format proven by our past experience. 1) Asset Analysis: Physical Inventory Description & Tagging Plant and Machinery assets will be inventoried, tagged, and given a descriptive “write up”: model, s/n, age, original price, general condition, comparison to estimated "book value" and depreciation schedule, photograph, size set for, and adaptability. Data will be put into in Excel Format for analysis, with hard copies, photos, and manufacturer's information will be kept as reference and backup. In an effort to capitalize on Redeployment opportunities this asset information can be shared via online private listings or company intranet. Appraisal of plant assets can also be provided,giving management a tool to verify audits and check on profitable operation of facilities. A facility specific strategy for redeployment and liquidation of assets is then formulated. This will entail redeployment plan based upon customers’ corporate objectives, and best method of sale. All lots will be evaluated on an asset-by-asset basis, matching the most suitable disposition for each asset. T&T Machinery will assign each asset with one of the following disposition choice, in order of greatest benefit to client(s):
Determining Market Value Market value is determined by many factors, therefore a standard group of criteria are used:
As a market reseller we have the distinct
advantage of being "in the market" with a first hand knowledge of
current trends and values. This knowledge of actual “market value”
allows a realistic determination of value, obsolescence of machinery,
and shifting of process - valuable in determination of "make or buy"
decisions for new product lines. 2) Administration of Program Best Method of Sale
Best
Method of sale is next determined based upon market conditions, nature of assets and location. Considerations include:
environmental and legal concerns, OSHA regulations concerning resale
of equipment, current and future marketability of assets, and
associated costs involved with sale of assets.
Sealed
Bid
Letters
are sent to prospective bidders and advertisements are
placed
inviting
bids on lots of machinery .Bids are opened at a specified
time
and
awarded to highest bidder(s).
Although
this may seem a fair and logical method, it tends to
yield
poor
return for the seller. This is due to the fact that it
inhibits
competition
and limits opportunities for sale -less customers wish
to
bid
on large lots, and many are intimidated by the
formality of this format. This format is actually quite beneficial to dealers who buy in lots and are willing to take risk.This format is usually associated
with
large corporations ,accounting, governmental, legal firms
handling disposition, and engineering consulting groups.
Consignment
of Facility or Line for
A
line or facility is generally worth more in its entirety than as the
sum
of
its parts. Therefore, if there is no "rush" to liquidate a plant
or
facility
, we can look for the best opportunity sale netting the
greatest
return.
This brings to bear the full potential of our remarketing
efforts and can ease transitioning of facility and workers.
Orderly
Liquidation
Following
inventory of machinery, advertising in trade
journals,
development
of brochures and direct marketing would be used
to
announce
the liquidation. The liquidation would run for a
specified
period
of time during which prospective customers would be invited
to
inspect
and purchase machinery and assets on a first come
basis.
Auction
The
entire plant or lots are auctioned off at one time.
Standard
advertising
is placed, brochures sent, and direct marketing are used
to
attract
the greatest number of customers. In recent years auctions
have
been
a very good with greater numbers of end users
attending.
The
excitement, urgency and competition between
customers
bidding
result in higher prices being bid .for items. Return on
“pickup
up"
or ancillary equipment is greatest at auctions - which is a value
added gain
of
this option, a much of this equipment is not saleable outside of
the plant location.
3)
Administration
of Sales
Marketing
& Promotion
T&T
Machinery is one of the
market makers in the used process and
packaging industry . Being “in“ the market gives
T&T the advantage of knowing current values and trends in the
industry. Effective use of our database and acquired
lists , as well as use of proven marketing methodology
, we will contact the greatest number of potential customers
using a four part Marketing Plan:
Sales. Targeted resale in order of greatest recovery to our clients:
Administration of
Sales & Removal
All
sales of machinery will be fully documented with copies of
invoices Mechanical and check out services will be provided by T&T Machinery or approved contractors, these include:
These
services will be paid for by the buyer, negotiated rates will
be
Salvage Operations
Provided
4)
Compensation
T&T
Machinery is compensated from sell thru of assets, and for services
provided.
Compensation
can be negotiated in the following ways :
All
compensation options will be in accordance with customer corporate
policies and objectives.
Conclusion:
In the face of our changing economy, with increased competition, consolidation, and the globalization of markets, companies are looking to internal efficiencies to increase profits and reduce waste. In light of achieving these bottom line goals, our Asset Recovery Systems are tailor fit to corporate objectives. We can help you manage your assets throughout the production lifecycle in terms of highest recoverable value.
With
the added benefit of redeployment within other operating units, we free valuable personnel the
cumbersome task of managing surplus assets, leaving our
clients to pursue their corporate objectives
for profitability from
continuing operations.
Other
service can be provided in conjunction
with
and
stemming
from investment recovery services: Appraisals and audits of operating assets to determine value and efficiency of operations.
Consulting
services for packaging machinery –to determine best fit for
production.
Standardization
of machinery specifications –to maximize serviceability and
reuse .
Consulting
to increase efficiencies in operations , plant cleaning,
salvage, and environmental Issues.
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