A Global Research Center for Strategic Supply Management

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FOR IMMEDIATE RELEASE

Investment Recovery Operations

Companies that recycle, redeploy, resell and reuse their surplus or obsolete materials and equipment return millions of dollars to their corporate treasury every year.

(TEMPE, Arizona) August 10, 2009 — In addition to operational benchmarks and organizational information, there are a number of financial metrics related to the overall cost benefits of investment recovery programs included in the CAPS Research Investment Recovery 2009 Supply Management Benchmarking Report. Key performance indicators (KPIs) include: total cost benefit dollars to operating expense dollars, best practices, investment recovery services and processes, program-related tools and technologies, and professional investment recovery program staffing. One clear advantage of an effective investment recovery program is the cost benefit. The CAPS Research 2009 Investment Recovery Performance Report shows that for every dollar spent on investment recovery, $31 was returned to the bottom line.

This CAPS Research benchmarking report is sponsored by the Investment Recovery Association and includes the percent of companies that reported the implementation of the Investment Recovery Association's benchmarking committees' eleven (11) best practice characteristics associated with successful investment recovery programs and operations:

  1. Strong and visible management support
  2. A seamless approach to surplus asset management
  3. Regular reporting of metrics and successes
  4. Financial incentives for surplus disposition
  5. Considering the use of surplus and refurbished assets before purchasing new
  6. Early involvement in capital projects ranging from real estate purchases to plant closures
  7. Investment recovery supplier integration and support
  8. Effective use of technology to support surplus sales or redeployment
  9. Effective surplus prevention and return-to-supplier programs
  10. Strong external networks to support surplus sales or redeployment
  11. A value-chain approach to surplus asset disposition

Click on the following link to access the Investment Recovery 2009 Supply Management Performance Benchmarking Report: http://www.capsresearch.org/publications/pdfs-protected/InvRec2009Metric.pdf. Breakout reports are available for Investment Recovery Association members, the utilities industry, as well as the chemicals, oil and gas industry sector.

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CAPS Research is a nonprofit research organization founded in 1986 to provide leading research to our strategic-minded corporate sponsors and to the public. Our mission is to work in partnership with a global network of executives and academics for the discovery and dissemination of strategic supply management knowledge and best practices. CAPS Research is jointly sponsored by the W. P. Carey School of Business at Arizona State University, and the Institute for Supply Management™ and Global 1000/Fortune 500-size organizations.

Media Contact:
Clare Donnalley
Marketing Manager
CAPS Research
Voice: 800/888-6276 extension 3007
cdonnalley@capsresearch.org

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