In the world of sports there comes a moment where The General Manager for an organisation must make a crucial choice regarding players in the team
Maintain an older veteran player on the roster, swap the veteran player with an alternative player or let the veteran player go and make more room for the next young star.
The same applies to professionals who work with industrial equipment and machines need to make similar choices for example, whether to ensure that old equipment is not idle at the rear of the storage facility, or trade it out and make the possibility of a profit.
If you’re the plant manager of a huge manufacturing facility or the proprietor of an machining shop in your neighborhood You play the job of the General Manager and decide what you want to do with your company’s outdated equipment and machinery.
Alternatives for Machine Disposal
Industrial machinery that is in the warehouse that is not used or nearing the end of its lifespan and the best way to dispose of it isn’t one of the main concerns for most businesses. It’s also difficult to move the equipment, take it off, or dispose of the machinery on your own particularly if it weighs hundreds of pounds.
We’ll go over four alternatives: recycling (scrap) or sell directly or through a broker, partner with one auction, and partner with a broker. The options will enable you to assess the benefits of each approach prior to getting rid of industrial machinery and equipment.
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Option 1 1. Scrap or recycle
If the old industrial equipment is in need of repair and is unable to be offered for sale because of its condition, scrapping or recycling the machine is better than keeping it away from view and away from the eyes at the back of your plant. The storage of your machinery for an indefinite time frame won’t bring any profit.
Recycling centers and scrap yards take in a variety of industrial equipment and machinery. Recycling old industrial equipment can also help the environment by avoids the need to dump the machinery in landfills around the world.
Employ a Machine Mover for Scrapping Your Machine
The removal of industrial machinery from your premises and transporting it to the scrapyard can be a challenge, particularly when the machine weighs several hundred thousand pounds. A specialist machinery moving company has the proper equipment and years of experience in removing heavy machinery and transporting that equipment to the recycling yard.
Have a look at some of the equipment we’ve moved and hauled through the years in this gallery.
Option 2. Sell directly to the buyer
Selling your equipment directly to a buyer could yield better returns than recycling or scrapping. The problem is getting potential buyers to consider your offer, particularly when it’s a highly specialized equipment.
The process of finding buyers for your equipment requires a lot of energy and time. The majority of plant managers, owners as well as operations managers on are typically already overwhelmed. There’s not enough time to complete day-to-day work and locate the ideal buyers for the machine.
Time is money. Do You Have Time?
Directly selling your equipment to buyers is akin to being the salesperson. You’re responsible for marketing efforts to get buyers. It’s not without its limits. It is your responsibility to answer the questions that buyers could have at any point. Buyers could also visit and examine the machine. Do you have time to deal with the potential buyers?
Option 3: Join forces with an agent
A trusted machinery broker is another way of getting rid of old machinery. Machinery brokers are usually experienced with regards to the equipment. They may have a buyer lined up willing to purchase before they even look over the equipment. A reputable and reputable broker can also result in an effective partnership. If your plant’s machinery is being upgraded, and the old equipment is in the process of being removed or transferred to a buyer, you know who to contact.