Identifying the Best (And Worst) ITAD Vendors for Your Business
IDENTIFYING THE BEST (AND WORST) ITAD VENDORS FOR YOUR BUSINESS
How We Evaluate Each ITAD Vendor
Here’s what to look at:
Inventory Accuracy and Reporting
For reporting, take into account metrics such as days-to-receive and inventory accuracy. Equally important, we evaluate each vendor based on how effective they are at correcting inventory reports when we find errors.
About half of all inventory reports produced by vendors contain errors or omissions. We look for vendors that ensure these are corrected promptly to avoid a potential chain of custody issues.
Effectiveness at Remarketing
A vendor’s ability to effectively remarket equipment is important to us as well. Remarketing value depends on many factors (age, condition, type of equipment).
The net value also depends on ancillary charges and deductions. We evaluate each vendor’s remarketing practices to help you avoid vendors that nickel and dime you for each asset. Instead, we connect you only with those vendors committed to ensuring each piece is remarketed at its maximum value.
Safety and Compliance
Data breaches are no joke. And unfortunately, vendor negligence is one of the leading causes of missing assets.
It should come as no surprise then that safety and compliance are one of our biggest priorities when evaluating vendors. Do they:
- Utilize disposal tags to maintain chain of custody?
- Require drivers to provide accurate inventory reports before and after delivery?
- Properly remove any remaining data before recycling?
We give you peace of mind by rigorously evaluating each vendor to ensure they’re compliant with industry protocols.
Author: Retire IT