Asset Retrieval: Finding Lost Capital July 28, 2010
Posted by OnProcess Technology in advanced exchange, Asset Recovery, Asset Retrieval, OnProcess.Tags: asset retrieval, Best Practices in Asset Retrieval, Cap Ex, Capital Expense, OnProcess Technology, reducing capital expenditure
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Getting More of Your Stuff Back, Faster, Can Add Millions to Your Financials
So many of our client companies initially thought that they were doing about as well as was possible in their internally sourced asset retrieval programs. With 60 to 90 day return rate percentages in the high 70s or even low 80s, they had become accustomed to writing off the remaining assets.
It was only after speaking with us, and piloting an OnProcess RL360™ Asset Retrieval program, that the true potential of an optimized asset retrieval process became clear. Depending on the average value of your parts or devices in the field, an increase in the velocity of returns as well as the overall rate of return can mean savings of millions of Dollars in Capital Expense for replacements.
ROI Calculators on the OnProcess Technology Website
Our website has several ROI Calculators which can give a quick illustration of the financial benefits of an OPTimized Asset Retrieval program. Plug in your own numbers and see how things look – your numbers are not monitored or seen by anyone but yourself.
–sk
Asset Retrieval Benchmark Study & Best Practices Guide June 24, 2009
Posted by OnProcess Technology in advanced exchange, Asset Recovery, Asset Retrieval, OnProcess, RMA management.Tags: asset retrieval, Benchmarking Study, Best Practices in Asset Retrieval
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We are about to publish an Asset Retrieval Benchmark Study with suggested Best Practices. 
It will contain statistics on the B-to-B Asset Retrieval programs of over 15 leading companies and programs worldwide, based on actual performance data. It’ll be different from a recent study we saw from a major consulting firm in two ways:
- Ours is based on actual measured performance data
- Ours is available upon request, rather than for over $100K
If you have responsibility for an Asset Retrieval program, you will want to sign up to receive this study when it is published.
Visit http://www.onprocess.com/benchmark – complete the short form and we’ll get it to you immediately upon its completion. Please, business emails only.
–sk
Five Key Components of a Successful Asset Retrieval Program June 4, 2009
Posted by OnProcess Technology in Asset Recovery, Asset Retrieval, OnProcess.Tags: Asset Retrieval Success, Benchmarking Study, Best Practices in Asset Retrieval, Five Key Components of a successful Asset Retrieval Program, OnProcess Technology
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Actually, there are more than five, but we figure we don’t want to overwhelm you. We know. Everyone’s busy and all, and there’s so much information floating around.
So anyways, want to know what they are?
We’ll be publishing them, along with our data-driven Benchmarking Study, in just a couple of weeks. You can ensure you get it as soon as it’s out by signing up at onprocess.com/benchmark.
Why did I italicize “data-driven”?
Because unlike many studies, some done by some relatively prestigious consulting firms, ours is based the actual data we collect from our clients’ programs. Not from just asking. Apples to apples. No ‘aspirational’ data, shall we say – just the real results.
So keep your eyes on this space, or sign up now and you’ll get it automatically. See where your program stands versus some very substantial players and, if appropriate, how you can improve your company’s results.
–sk
