Understanding IT asset disposition

Remarketing old equipment may be right for you

Posted on Apr 30, 2020 :: Partner
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Posted by Chad Hayes, Sadoff E-Recycling & Destruction

If you have old IT equipment in need of replacement or disposal, it can be hard to decide what to do — especially if it still works. You don’t want to throw it away, and you don’t want it piling up in your closets. That’s where IT asset disposition (ITAD) comes in.

What is ITAD?

IT asset disposition — sometimes referred to IT asset remarketing — is essentially the disposal of IT equipment. ITAD can encompass several services: recording/asset tracking, recycling, data destruction and remarketing (reselling). ITAD professionals assess the value and condition of your equipment to determine the appropriate services.

How ITAD works

When you hire an ITAD services provider, you’ll generally work with an account manager who will evaluate your assets and offer you a price for them based on the following: age and condition of the equipment, make, model, configuration, memory and current market value. If the assets aren’t resellable, you may be offered a scrap price or may need to pay to recycle them (such as in the case of broken monitors containing hazardous materials). The ITAD provider then refurbishes your assets for resale and puts them on the market.

What assets can you remarket?

The following assets are commonly accepted for IT asset remarketing: PCs, laptops, networking equipment, A/V equipment and projectors, docking stations and monitors (in working condition).

What to look for in an ITAD provider:

Not all companies offering ITAD operate in the same way, so you’ll want to do your research about their practices to make sure you’ll receive a fair price and, more importantly, that your data will remain secure.

Consider these questions

• Will you receive payment upfront or have to wait until the unit sells? Is the payment/price guaranteed?

• How is data destroyed? Does the company assume liability for data security?

• Is the provider R2 (responsible recycling) certified?

• Does the provider offer documentation, tracking and inventory services?

• Do you have a single point of contact at the company who deals with your assets? How easy is it to get in touch with the representative?

• How transparent is the provider about its processes? How often is it audited?

• If your assets are not resellable, does the company dispose of your equipment in an environmentally responsible manner?

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Chad Hayes is the chief technology officer and director of e-recycling at Sadoff E-Recycling & Destruction. He joined Sadoff Iron and Metal in 2015 and oversees and leads the strategic planning and implementation of IT. With his extensive 20 years of IT and business leadership experience and passion for data security, he was the ideal choice to establish, build and lead the Sadoff E-Recycling & Data Destruction Company, a company of Sadoff Iron and Metal. He can be reached at [email protected]