Asset Management

Don’t Let Surplus Sit: EquipNet Global Consignment Services

Don’t Let Surplus Sit: EquipNet Global Consignment Services!

When companies face urgent operational changes—such as plant closures, relocations, mergers, or major equipment upgrades—they’re often left with a pressing issue: what to do with idle or surplus equipment scattered across various global sites. Whether the priority is to sell these assets quickly or simply move them off-site to free up valuable space, the logistical and financial challenges can be overwhelming. Equipment may be sitting idle, depreciating in value, occupying floor space, and incurring maintenance costs.

What is EquipNet Global Consignment?

EquipNet Global Consignment is a full-service program designed to help companies manage and sell their surplus assets from our multiple global sites. Instead of liquidating assets piecemeal or letting them depreciate in storage, this service consolidates them into a single, strategically located EquipNet warehouse. From there, EquipNet handles the entire resale process, including:

  • Logistics coordination and transportation
  • Warehousing and inventory tracking
  • Professional equipment marketing and global sales
  • Transaction handling and financial reporting

By offering a centralized and managed approach to asset disposition, EquipNet helps companies recover maximum value while reducing the operational burden on internal teams.

Benefits of EquipNet Global Consignment

  1. Increased Asset Recovery Value: Centralizing equipment enables EquipNet to present items in a professional sales environment, ensuring they reach the right buyers and fetch competitive prices.
  2. Reduced Storage and Maintenance Costs: Idle equipment stored on-site often incurs ongoing costs. Moving them to EquipNet’s managed facilities alleviates that burden.
  3. Streamlined Logistics: EquipNet takes full responsibility for transport and inventory, saving clients time and complexity in dealing with disparate logistics providers.
  4. Expert Marketing and Global Reach: With a vast buyer network and targeted promotional strategies, EquipNet ensures each asset gets maximum exposure.
  5. Transparent Reporting and Analytics: Clients receive regular updates on sales progress, enabling clear ROI tracking and strategic decision-making.
  6. Sustainability: By giving equipment a second life, companies contribute to circular economy goals and reduce environmental impact.

When is Global Consignment the Right Choice?

This service is particularly useful in several scenarios:

  • Multi-site Closures or Consolidations: When companies are closing or merging operations in various locations, global consignment allows for coordinated asset disposition.
  • Corporate Realignments or M&A Activity: Organizational changes often leave surplus assets. Centralized consignment helps manage them efficiently.
  • Large-scale Equipment Upgrades: After modernizing facilities, older equipment can be recovered and sold via consignment.
  • Inventory Clean-ups: Companies looking to declutter warehouses can benefit from a systematic and value-driven clearance approach.

Case Study: A Global Biopharmaceutical Client

One standout example of the success of this service is EquipNet’s partnership with a major biopharmaceutical company. Facing the challenge of managing equipment across multiple international facilities, the client leveraged EquipNet’s Global Consignment service to streamline and optimize asset disposition.

EquipNet coordinated the movement of surplus assets from five different countries to a centralized warehouse. Their expert team handled equipment inspection, storage, marketing, and sale. The result? The client generated significant returns on assets that would have otherwise sat idle, while enjoying reduced internal workload and storage costs.

This case highlights how EquipNet’s solution goes beyond mere liquidation — it’s a strategic service that adds real value. Read the full case study here.

Conclusion

EquipNet’s Global Consignment service stands out as a best-in-class solution for managing surplus equipment across borders. It blends logistics, marketing, and technology to turn idle assets into capital, reduce waste, and support sustainability. For organizations undergoing transitions, facing operational realignments, or simply seeking to maximize asset value, EquipNet offers an intelligent, efficient, and proven path forward.

Explore more about EquipNet Global Consignment at: https://www.equipnet.com/about/global-consignment/

Categorias: Asset Management , Services