Resale Technologies Scope of Work

Resale Technologies Scope of Work

Resale Technologies goes beyond industry standards to provide an efficient, ethical, and environmentally friendly service. Our wide variety of asset management services keep clients covered in all aspects of their technology retirement needs. Resale Technologies partners with clients to retire obsolete equipment guaranteeing the highest residual value, while navigating hazardous waste laws and protecting your sensitive data.

Chain of Custody and Logistics

Chain of custody is an important factor in dealing with end-of-life technology disposal. Clients must be able to prove that the releasing of electronic equipment is followed from departure to its final destination.

Resale Technologies provides clients with a bill of lading at the time of pickup. All shipments are then tracked electronically and are tagged with IAT (internal asset tags) numbers at time of receipt.

Companies are responsible for inventory control and paper trail of equipment if they were ever audited. This is to include serial numbers, asset tag numbers and date the equipment was decommissioned. Companies will then have to show evidence that they have indeed wiped or physically destroy any type of data storage devices. Resale Technologies performs a detailed audit and inventory of your equipment. Each piece is tested, tracked, and reported in a final report, which can be delivered electronically or viewed online via our online client portal. The audit report consists of the following:

  • Manufacture and Model
  • Serial Number
  • IAT Number
  • Components
  • Customer Asset Tags (also removed)
  • Pass/Fail status

Resale Technologies uses the data erasure standard (DoD 5220.22-M Erase) used by the department of Defense to sanitize your drives. This process will permanently erase systems, programs files, viruses and all of your data, safeguarding your software licensing agreements. Hard drives that do not boot to BIOS, loose hard drives, and other electronic media are physically destroyed using our hard drive crusher. At the end of the audit process and data destruction phase you will receive a insured certificate of destruction that indemnifies you or your clients, of any legal wrongdoings in regards to improper technology disposal and data destruction.

  • All confidential and proprietary data is secured.
  • Removal of embedded logins and passwords
  • Removal of intellectual property
  • Removal of client data and personal information
  • Removal of proprietary applications
  • Removal of all software and licenses

Remarketing/Revenue Sharing

Resale Technologies commits to effective remarketing on the equipment to extract the maximum residual value. Resale Technologies offers you three solutions for the reselling of your IT assets:

Straight Purchase

Resale Technologies assumes the highest risk with straight purchases. Though great for clients who would rather receive money up front, the monetary value is lessoned.

Consignment

Recover value from end-of-life technology assets. Value gained from the sale of these technology assets will be split with client at a pre-negotiated percentage. (Note: The value of the equipment sold is “time bound.”) This enables the client to get the highest monetary value.

Liquidation

In the case of companies that have an excess of IT equipment due to moving, merging, or downsizing, Resale Technologies will provide a fair assessment of equipment and provide a customized solution to accommodate your chief concerns and priorities.

Redeployment and Secured Storage

Resale Technologies helps manage the entire redeployment and secured storage process.
Our online system allows you to view your equipments audit results and provides you with flexible tools to simplify the process of distributing equipment with your company.
Redeployments can be managed by a designated administrator or by authorized end users.

Recycling

Recycling Laws are not just restricted to computer equipment. Electronic equipment may contain lead, chromium, cadmium, mercury and other hazardous metals. Proper disposal and handling of these materials is essential for the protection of our environment. For older or non-functional equipment we perform a complete de-manufacturing of the units for segregation into component levels. Our clients receive a complete waiver of Liability for all disposed and recycled pieces.

Scenarios

01

Recycle Only (fees do apply)

Some companies do not allow for their equipment to be resold in the aftermarket. For clients like these, all items will audited, data destroyed and sent to our de-manufacturing department for disassembly and separation. Once the items have been separated they are turned over to our recycling division for shredding, smelting and final destination. Once completed, clients will receive detailed audit report, certificate of destruction, and invoice. Reporting and Certification Timeframe: 10 Business Days from Receipt

02

Recycle and Remarketing

Revenue sharing is vital for companies that are looking for a return of investment on their end-of-life technology equipment. Equipment is audited, data erased, and separated. Equipment that has passed is sent to our remarketing division for resell and is sold through our various retail and wholesale outlets to maximize the highest return. Equipment that is failed (non-working) is sent to our de-manufacturing department for recycling. Clients will receive detailed audit report, certificate of destruction, and invoice.
Reporting and Certification Timeframe: 10 Business Days from Receipt Remarketing Timeframe: 30 days from Receipt Remarketing Check/Credit: Beginning of each quarter

03

Consignment

Resale Technologies specializes in helping you quickly recover residual value from your IT assets. We do this through a disciplined, specialized and proven asset recovery methodology. Our methodology maximizes the value you receive from your assets. Our customers buy at retail prices, so you avoid dealing with middlemen who only pay wholesale rates. Equipment is tested for functionality and inventoried into our system, but it is up to the client to make sure that all data is erased prior to shipping. Client still receives detailed audit report.
Reporting and Certification Timeframe: 10 Business Days from Receipt Remarketing Timeframe: 180 days from Receipt Remarketing Check: Beginning of each month

04

Purchase

Clients that want straight cash for their end-of-life assets, Resale Technologies has implemented an internal “blue book” value of used equipment. Clients provide us with a detailed list of equipment that they are selling and Resale Technologies will send an offer for the equipment. Client is responsible for the data destruction, packaging, and palletizing of equipment. Resale Technologies will provide the shipping. No audit report or certificate of destruction is provided with this method. Reporting and Certification Timeframe: Not Applicable Remarketing Timeframe: at Resale Technologies discretion Purchase Check: Immediately after receipt and validation of equipment received

05

Liquidation

Resale Technologies provides Fair Asset Evaluations to companies in need of managed IT asset-disposition. Because of our acute understanding of current market conditions we are able to provide precise values for equipment that can be used as a trade-in on the purchase of new equipment. This service is essential for partners who are looking to maintain margin without jeopardizing the integrity of the sale of new equipment. Clients will receive detailed audit report and certificate of destruction.
Reporting and Certification Timeframe: 10 Business Days from Receipt Remarketing Timeframe: at Resale Technologies discretion Purchase Check: 45 days from receipt