EquipNet does a lot more than just sell premium, pre-owned equipment. Our services are designed to help both buyers and sellers maximize their experience while minimizing the time that they spend dealing with idle and surplus assets.Mouse over the service title, to see a summary of that particular service.
For a detailed description of a service offering, click on the link.
For more information about EquipNet or these services, feel free to contact us via the link on the lower right.
Corporate Solutions
Asset Redeployment
Management System
(ARMS
TM)
EquipNet's proprietary Asset Redeployment Management System (ARMSTM) is a customizable,web-based, secure software program that enables companies to post, track,identify and internally redeploy plant equipment that is not being used in its present location. ARMS features workflow management, multiple access levels for plant managers and executives across the business, in-depth search functionality,and comprehensive listing specifications, providing information that lets our clients know what they have and where it’s located.
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Corporate Solutions
Corporate Solutions
Corporate Solutions
Appraisal, and Evaluation Services
Valuation Services
Appraisal and valuation services are an important component of everyday business decisions. Whether your company is conducting an asset inventory for tax purposes, closing a facility and liquidating the equipment inside, considering a merger/acquisition, or updating your asset register for a Small Business Administration loan application, EquipNet’s expert Appraisal and Valuations team can help.
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Appraisal, and Evaluation Services
Inventory Valuation Management Services
Appraisal and valuation services are an important component of everyday business decisions. Whether your company is conducting an asset inventory for tax purposes, closing a facility and liquidating the equipment inside, considering a merger/acquisition, or updating your asset register for a Small Business Administration loan application, EquipNet’s expert Appraisal and Valuations team can help.
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Appraisal, and Evaluation Services
Evaluations from Equipment Specialists
In order to maximize value recovery, it’s important to evaluate equipment and gather complete data. Because they know the equipment inside and out, our Equipment Specialists can not only take an inventory, but can also capture complete asset information in anticipation of buyer questions, identify factors affecting the price and disposition, and merchandise your assets to maximize proceeds and sell-through. EquipNet's Equipment Specialists can evaluate both individual pieces of equipment and complete projects. They provide pricing, written descriptions, photos/videos, and/or a disposition plan (an electronic and written report) for your equipment.
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Appraisal, and Evaluation Services
Desktop Price Opinion
Price Opinions are NOT Certified Valuations. Price Opinions are used primarily for internal purposes such as asset transfers, accounting adjustments, dispensation planning, and business planning.
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Appraisal, and Evaluation Services
Project Evaluations
Before beginning an asset disposition project, expert assessment can help companies save time and money. Without accurate information, it’s easy to end up with reduced buyer activity, transaction misunderstandings, lower sale proceeds, and superfluous buyer questions. Whether you need project scoping, evaluation by an equipment specialist, or lotting of your auction items, EquipNet’s Equipment Project Evaluation Services can help you achieve that asset accuracy.
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Other Services
Technology Solutions
EquipNet has created this Surplus Technology Resource Center to provide a multimedia forum of best practices for managing your Technology assets.
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Appraisal, and Evaluation Services
Formal Appraisals and Desktop Valuation
EquipNet Asset Accuracy Services offers two types of appraisals of industrial assets: Formal Appraisals conducted by professional appraisers for insurance, tax, legal, and business matters and Desktop Valuations for a less-formal assessment by Equipment Specialists who estimate the fair market value of your assets based on their industry expertise and EquipNet’s extensive database of equipment.
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Appraisal, and Evaluation Services
Project Evaluations
Before beginning an asset disposition project, expert assessment can help companies save time and money. Without accurate information, it’s easy to end up with reduced buyer activity, transaction misunderstandings, lower sale proceeds, and superfluous buyer questions. Whether you need project scoping, evaluation by an equipment specialist, or lotting of your auction items, EquipNet’s Project Evaluation Services can help you achieve that asset accuracy.
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Appraisal, and Evaluation Services
Asset Accuracy Services
EquipNet Asset Accuracy was created to provide companies with highly-accurate asset data to make good decisions, stay out of trouble, and have an information advantage over the competition.Whether you need a professional inventory, a project evaluation, or a formal appraisal, EquipNet Asset Accuracy has the unparalleled, industry-specific expertise to assist you.
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Appraisal, and Evaluation Services
Professional Inventory and Reconciliation
Without asset accuracy, companies often pay property taxes and maintenance contracts on equipment they no longer own or need and put themselves at risk of regulatory non-compliance. With Professional Inventory and Reconciliation Services, you can dramatically increase your asset accuracy. Inventory experts will travel to your facility, inventory and digitally photograph the equipment, and create a written and electronic (CD) inventory and reconciliation report.
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Seller Services
Donations
EquipNet facilitates equipment donations as a surplus asset solution. Working with our project partners, we can help you reduce the risks and maximize the impact of your donation. Let us help your organization do well while doing good.
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Seller Services
Demolition
Demolition is often the best option when closing manufacturing operations. Whether a company is razing the entire building or targeting a partial demolition, it’s important to develop a strategy for valuable industrial assets. EquipNet has created a resource center of best practices to maximize returns while ensuring that a demolition project is conducted safely and on time.
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Seller Services
Better Auctions
The EquipNet Better Auctions Resource Center was created to provide you with the information, tools, and guidance you need to select the auctioneer that best suits the specific needs of your organization. Visit our Better Auctions Resource Center to learn how EquipNet is changing the rules of the auction game and giving you more control to turn the surplus assets in your storeroom into money in the bank. If you want the latest technology, the highest possible returns, and exemplary customer service, don’t settle for anything less than a Better Auction.
Seller Services
Seller Services
Rigging and Removal
EquipNet will manage the disassembly, rigging, and removal of your equipment. We have the experience and connections to either rig and remove your equipment or hire the right, professional contractor for your project. EquipNet will manage the process from beginning to end and is 100% accountable for the proper and safe handling of the equipment.
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Seller Services
Warehousing
EquipNet will provide professionally-managed warehousing services including equipment handling and storage of customer-owned inventory. Warehousing services include product receiving into Equipnet IMS (Inventory Management System), storage in assigned locations, order fulfillment, inventory control/reporting, and shipping. EquipNet’s low-cost warehousing services can allow you to maximize returns by relocating instead of liquidating equipment you will need/use at a later date.
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Seller Services
Scrap Management
EquipNet will help you determine the scrap value of your idle equipment, compare that amount with the market value to sell it, and recommend the strategy that will generate the highest rate of return for your company. If you decide to scrap the equipment, we will manage the process for you as the final step in our Clearance Liquidation Strategy™.
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Seller Services
Project Management
- Escort buyer inspections
- Gather additional technical information in order to facilitate asset sales
- Develop and/or assist with generating service quotes (Rigging & Removal, Crating,
etc.)
- Coordinate post-sale management for 3rd party purchases, including: shipment prep,
loading, and shipping
- Provide regular activity updates to client liaison
- Oversee demolition and/or equipment removal
- other client-requested tasks
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Seller Services
Onsite Evaluation
EquipNet can inventory, assess, and provide a market-based valuation for a company’s assets .EquipNet will deploy an Equipment Specialist with expertise in your particular industry to collect relevant asset specifications, digitally photograph the equipment,conduct market research, and assign a market value. We can also make disposition and strategic recommendations and list your surplus equipment on the EquipNet MarketPlace™ and our clients’ Asset Redeployment Management Systems (ARMS) sites.
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Buyer Services
Procurement
Whether you’re planning ahead or responding to a crisis, EquipNet can help your company find and buy surplus, used and unused equipment. Potential buyers notify EquipNet of the make and model of what they need and their timeline. EquipNet advises of the likelihood of finding the equipment, recommends an appropriate price range, and searches for the items. If you choose to buy an item, we will facilitate the transaction, including inspection, bidding, and payment. If your need is urgent (e.g., if a line goes down and you need to replace a critical piece of equipment in a hurry), EquipNet can pull out all the stops and perform an emergency equipment search.
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Buyer Services
Crating and Shipping
EquipNet will custom design any size wood crate or skid and ship equipment that requires special handling. We can build light-weight crates for a single shipment or longer-lasting materials for multiple uses. EquipNet provides the highest-quality, custom-built crating and packing service in the market. If the specifications of your project necessitate a contract with a local industry specialist, EquipNet guarantees that the contractor will provide the same high-quality service.
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Auction Services
Auction Services
Auction Services
Live and Webcast Auctions
EquipNet manages the sale of surplus, used and unused equipment at a live auction with online bidders participating remotely via a simultaneous webcast. Before the live auction, EquipNet specialists visit a seller’s facility to inventory and prep the equipment and the site for auction. EquipNet promotes the auction, conducts live bidding, manages the event, collects payments, and oversees equipment removal. Where a seller’s facility might not allow for a live, on-site auction, we can conduct all bidding over the Internet via the webcast.
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Auction Services
Sealed Bid Auctions
EquipNet auctions a seller’s surplus equipment in a closed or sealed bid environment. EquipNet professionals are very knowledgeable about industrial equipment, ensuring our ability to list and market equipment accurately. When items sell, EquipNet manages the payment and shipping. All fees are deducted from the proceeds of the sale.
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Auction Services
Online Auctions
EquipNet's Online Auctions are conducted entirely on the web utilizing a 'high-bidder-wins' competitive bidding process to sell pre-owned equipment. Our proprietary EquipNet Smart Auctions™ deliver a unique bidding platform offering Buyers multiple opportunities to win items at our auctions. Additionally, Sellers gain a high level of discretionary flexibility to approve bids in real time.
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Asset Sales and Marketing
Asset Sales and Marketing
MarketPlace TM
The EquipNet MarketPlace™ is the largest website in the world for buying and selling surplus, used, and unused industrial equipment. Categories include: process, packaging, and warehouse equipment, laboratory instrumentation, and individual MRO parts.
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Other Services
IT Asset Management
EquipNet offers a menu of customized solutions to help companies manage their surplus technology assets, increase data security; and maximize their return on investment, including: Logistics management; Inventory, testing, and reporting; U.S. Department of Defense-compliant sanitizing of hard drives (5220.22-M standards); Environmental recycling with certification; Remarketing of surplus assets no longer in use through a variety of channels, maximizing your return on investment; End-of-lease return services; and Onsite physical inventory of IT assets.
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Other Services
MRO Procurement
EquipNet can set up a system to automatically restock your MRO inventory through third-party organizations such as CoreMine or Perfect Commerce. As a facility uses MRO inventory, EquipNet’s software will automatically send a restock notice for procurement items to the third-party organization to restock low-inventory items. By having EquipNet manage your MRO procurement, you can take advantage of lower prices because purchases are made in bulk by a network of companies. And, we have a large supply of unused, obsolete MRO inventory from other clients that you could purchase at a significant discount from new spare parts.
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Buyer Services
Machinery Inspections
Buyers can now purchase pre-owned equipment from the EquipNet MarketPlace with an option to have it first inspected by a team of equipment experts. EquipNet’s machinery and equipment specialists are experienced professionals in the pharmaceutical, chemical, biotech, and consumer processing and packaging industries.
- Physical inspection of the machine
- Cataloguing of any spare parts and change parts
- Digital photographs of all machinery and parts
- Verification of the name plate information
- List of available manuals and/or drawings
- Oversee demolition and/or equipment removal
- other client-requested tasks
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Buyer Services
Engineering Services
EquipNet, the world’s largest venue for buying and selling pre-owned industrial equipment, is now offering professional engineering services. EquipNet Engineering Services provides a menu of ala carte options to compliment the extensive inventory of high-quality equipment available on the EquipNet MarketPlace™.
The following services are performed by experienced life sciences engineers:
- Decommissioning Engineering (for Sellers)
- Engineering Assessment (for Buyers)
- Engineering Project Management(for Buyers)
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Other Services
MRO Inventory Management
EquipNet helps companies manage their MRO inventory of spare parts for all machinery and equipment in use. Through a third party such as Xtivity, EquipNet analyzes the current inventory and usage, sets minimum and maximum inventory levels, and adjusts the inventory on an ongoing basis to support production and minimize storage costs and quantities.
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Other Services
Corporate Solutions
Maintenance and Warranty Services
Seller Services
Facility Closure Resource Center
When closing a lab or manufacturing facility, remember to make the most of the assets you still own. For most companies, equipment is one of the most significant investments when they open a facility. Most times, even though production is shutting down, these assets have residual value that can be recovered or redeployed where it can be of use.
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