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www.capsresearch.org
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:
- Strong and visible management support
- A seamless approach to surplus asset management
- Regular reporting of metrics and successes
- Financial incentives for surplus disposition
- Considering the use of surplus and refurbished assets before purchasing new
- Early involvement in capital projects ranging from real estate purchases to plant
closures
- Investment recovery supplier integration and support
- Effective use of technology to support surplus sales or redeployment
- Effective surplus prevention and return-to-supplier programs
- Strong external networks to support surplus sales or redeployment
- 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.
If you're a first-time visitor to the CAPS Research website you will be prompted
to register when you access reports. Otherwise, just enter your previously established
login data.
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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