CONSIGNMENT CASE STUDY
INDUSTRIAL CONSIGNMENT SERVICES FOR LARGE ENERGY UTILITY PROVIDER
Our client is a large North American energy provider with more than 70 generating assets. Their diverse fleet includes nuclear stations, hydroelectric stations, biomass stations, as well as thermal and wind stations.
To minimize the risk of failure and impact due to downtime, our client upgraded machinery and equipment on a routine basis, which generates a significant amount of used and surplus equipment. To avoid production interruption, our client stocks a significant amount of maintenance, repair and overhaul (MRO) equipment and parts. As a result, our client produces surplus equipment and parts on an ongoing and inconsistent basis from each of their 70 operations.
- Recuperated more than $1.6 MIL from consignment sales
- Redeployed 28members of their asset-recovery team made redundant by our services
- Regained more than 211,000 square feet of storage
Plan and Details
|Industry||Energy & Utilities|
We offered our client a multi-faceted asset recovery solution focusing on maximizing their return on assets while providing a streamlined process for managing and storing their surplus equipment.
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