{"id":7101,"date":"2020-06-25T10:38:47","date_gmt":"2020-06-25T14:38:47","guid":{"rendered":"https:\/\/www.itadsummit.com\/?page_id=7101"},"modified":"2020-06-25T11:13:23","modified_gmt":"2020-06-25T15:13:23","slug":"itad-blog-protecting-the-bottom-line-with-it-asset-disposition","status":"publish","type":"page","link":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-protecting-the-bottom-line-with-it-asset-disposition\/","title":{"rendered":"ITAD Blog:  Protecting The Bottom Line With IT Asset Disposition"},"content":{"rendered":"<h1>\n\t\tITAD Blog\n\t<\/h1>\n<h6>\n\t\t Protecting The Bottom Line With IT Asset Disposition\n\t<\/h6>\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/engineer-4922414_1920-circle.jpg\" alt=\"engineer-4922414_1920\" itemprop=\"image\"  \/>\n\t<h1>ITAD Blog<\/h1>\n<h3>PROTECTING THE BOTTOM LINE WITH ITAD<\/h3>\n\t<p>The world of technology moves lightning-fast, which means the replacement of critical infrastructure occurs regularly. For data center owners and operators, this turnover presents not only a security risk but lost revenue, sustainability challenges, and confusion over what the process is. What are the best practices and what should owners and operators consider?<\/p>\n<p>First, owners should take an active role in the IT asset destruction (ITAD) process itself. A primary component is a throughput, which means owners should monitor their equipment assets to ensure they don\u2019t lose money due to depreciation.<\/p>\n<p>Second, owners must take data destruction seriously. This means both erasing hard drives and or shredding them mechanically; however, even these relatively easy decisions come with decisions such as, to what millimeter size should the disks be shredded? Should the shredding be conducted on-premises or off-site and, if off-site, how will the equipment be moved?<\/p>\n<p>Finally, there are environmental compliance factors to consider: Who is handling this material? Does the process meet the client\u2019s environmental and sustainable goals as well as the industry\u2019s compliance requirements?<\/p>\n<p>&nbsp;<\/p>\n<h3>The risks of improper ITAD<\/h3>\n<p>Laws regulating the hazardous material, which includes data center equipment, means companies can be fined for improper disposal of this equipment.<\/p>\n<p>Many companies have their own sustainability goals and environmental public profile to maintain. To that end, improperly disposing of IT hardware can be a public relations nightmare, especially in the age of social media.<\/p>\n<p>And, depending on what happens after removal, companies have a social responsibility to ensure that wherever the equipment ends up, it is not an environmental hazard.<\/p>\n<p>&nbsp;<\/p>\n<h3>Ensuring compliance<\/h3>\n<p>In many companies, ITAD has not considered a core competency, which results in asset retirement being either an afterthought or a once-in-a-while maintenance issue. In these cases, companies should look for a vendor that carries the pertinent certification to ensure that ITAD is handled in a fiscally and environmentally responsible manner. It is important that companies check that these certifications are up to date.<\/p>\n<p>Ideally, a company\u2019s ITAD program should include the following factors:<\/p>\n<ul>\n<li>A complete inventory of the client\u2019s equipment<\/li>\n<li>To suggest and secure agreements with ITAD vendors that have all the necessary capability to include \u201clive take-outs\u201d if needed<\/li>\n<li>Logistics<\/li>\n<li>Geographical infrastructure<\/li>\n<li>Proper environmental certifications<\/li>\n<li>Understanding the data destruction capabilities of the vendor, and how those capabilities meet or may not meet the data destruction criteria of the company<\/li>\n<li>Further, to understand the nature of the ITAD vendor agreement; to negotiate the best possible agreement on behalf of the client for not only the highest rev\/share ratio; but moreover to ascertain the top-line revenue streams. To further understand that those revenues are commensurate with current market levels both for reusable and for recyclable commodities<\/li>\n<li>To analyze the cost associated with the formula provided by any potential vendors and negotiate the best possible direct cost structure<\/li>\n<\/ul>\n<p>In addition, the ITAD company should:<\/p>\n<ul>\n<li>Monitor equipment values as they change over time<\/li>\n<li>Practice good vendor management by securing ITAD vendors by geography, certification, and throughput capability<\/li>\n<li>Compliance through documenting and reporting<\/li>\n<li>Logistics, which moves assets expeditiously to maintain their value<\/li>\n<li>Settlement by reconciling discrepancies between the parties that need to be negotiated<\/li>\n<li>Engage reporting such as full asset management documentation for operations and finance<\/li>\n<li>Ensure data security<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><em>Author: Mission Critical<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"post-excerpt\" class=\"post-excerpt\">ITAD Blog Protecting The Bottom Line With IT Asset Disposition ITAD Blog&hellip;<\/p>\n<div class=\"link-more\"><a href=\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-protecting-the-bottom-line-with-it-asset-disposition\/\">Continue reading<span class=\"screen-reader-text\"> &#8220;ITAD Blog:  Protecting The Bottom Line With IT Asset Disposition&#8221;<\/span>&hellip;<\/a><\/div>\n<div class=\"link-more\"><a href=\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-protecting-the-bottom-line-with-it-asset-disposition\/\">Continue reading<span class=\"screen-reader-text\"> \"ITAD Blog:  Protecting The Bottom Line With IT Asset Disposition\"<\/span>&hellip;<\/a><\/div>","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-7101","page","type-page","status-publish","hentry","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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