The Benefits of Asset Recovery in the Manufacturing Industry

This blog was reposted with permission from Engineering 360, Powered by IEEE Global Spec. The original post was published on 30th May 2017:

Ever wonder where your circuit boards, motors, and other electronic parts end up when you’re finished using them? According to the World Health Organization (WHO), in 2019, an estimated 53.6 million tonnes of e-waste were produced globally, but only 17.4% was documented as formally collected and recycled.

Businesses with tons of electronic equipment they use and discard annually have the unique ability to make the biggest impact by recycling or upcycling their e-waste. An interesting trend has emerged in the electronics and engineering space, in which legacy equipment is sold off and warehoused by a third party to resell to another company still using and in need of that equipment and accompanying parts.

Consider this: Company ABC purchased a large lot of sensors to test their product, only to discover a few years later that a different sensor would help them better perform that test. They still had 5,000 new-in-the-box sensors from that first lot just taking up space in their warehouse. When it comes time to move to a new facility, they consider discarding those 5,000 sensors because it doesn’t make sense to move them. As far as Company ABC is concerned, those sensors are obsolete and completely useless. However, Company XYZ still uses the same sensors for a different application and is finding that the inventory of their usual supplier is dwindling. They are spending countless man-hours seeking out these sensors and wondering how long they have before they need to change their operating procedures or product specifications to find a different solution.

Enter Radwell International and their Asset Recovery program. With many connections and extensive knowledge of what’s being used – and retired – in the industry, Radwell stocks and sells new and surplus industrial automation, MRO, pneumatic, motion, electronic, hydraulic, HVAC, and electrical control equipment for plant floor and facilities maintenance machinery. The process is easy. Call Radwell for a free recycling bin, gather and box your surplus, then call Radwell for free pick-up. Need more information? Radwell has highly trained and experienced asset recovery and surplus team members ready to help you make your business thrive.

Organisations that need to off-load equipment are able to do so; organisations that still need to buy that equipment can easily find and purchase certified equipment through a reseller; and less e-waste ends up in landfills. Asset Recovery is a win-win for everyone!

Radwell offers several different solutions for organisations looking to sell off legacy equipment:

(1) Lot Sell

(2) Consignment Sell

(3) Account Credit Sell

(4) Quick Sell

(5) Auto-Sourcing

It is important to note that any equipment sold to or sourced by Radwell International must meet the highest standards of functionality and use. However, not all equipment sold to Radwell has to be brand-new. Radwell has a team of in-house engineers and technicians who can refurbish equipment to a like-new state, granting it the Radwell Certified Pre-Owned stamp of approval, which comes with Radwell’s customary two-year warranty.

The types of equipment Radwell most often purchases and upcycles include industrial automation equipment, PLCs, drives, motors, electronic parts, circuit boards, meters, sensors, and all types of industrial controls. However, if your company has other types of surplus inventory that you’re looking to offload, please feel free to contact us at 01782 576 800 or visit for more information.

Get More Information About Radwell's Asset Recovery Programme.



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