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 (ARMSTM)
EquipNet's proprietary Asset Redeployment Management System (ARMS
TM) 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
Solutions Workshop
EquipNet plans and facilitates professional, collaborative workshops with corporations to review their
current surplus asset management program and develop a plan for maximizing its success. In addition to facilitating the day-long workshop, EquipNet sets up the meeting, invites the appropriate interdepartmental representatives, provides preparatory assignments and implements suggestions after the workshop.
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Corporate Solutions
Custom IT Programming
EquipNet will design a custom, web-based redeployment software program to manage your company’s surplus assets. Based on our proprietary Asset Redeployment Management System (ARMS
TM), this custom program enables companies to post, track, identify, and internally redeploy plant equipment that is not being used in its present location.
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Appraisal Services
Certified Appraisal
EquipNet will provide certified appraisals of your industrial equipment for a variety of circumstances, including: inventory and inspections; evaluation of insurance needs; damage assessment; financing and leasing; property tax valuations; eminent domain disputes; charitable contribution; and expert testimony for legal cases. Certified appraisals are performed by accredited professionals who are certified by the American Society of Appraisers (ASA) and the Association of Machinery and Equipment Appraisers (AMEA).
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Appraisal Services
Desktop Valuation
EquipNet will provide a realistic estimate of actual market return based on historical sales and actual market knowledge. Our Equipment Specialists are experts in the industry of the equipment that they evaluate. Public companies need to know the value of their assets for Sarbanes-Oxley compliance. EquipNet’s desktop evaluation service is an affordable alternative to certified appraisals and on-site evaluations.
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Inventory Services
Physical Inventory
EquipNet will provide on-site physical inventory of a facility’s assets. Equipment Specialists will travel to your facility, inventory and digitally photograph the equipment, and create a written and electronic inventory report. Our professional staff have unparalleled equipment experience, and will quickly identify, categorize, and estimate the value of your assets.
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Inventory Services
Inventory Reconciliation
EquipNet will conduct an audit of your surplus assets and provide a written report of any discrepancies between the actual physical inventory and your list of equipment. Our Equipment Specialists are experts in a variety of industries and can quickly identify a wide range of equipment and reconcile data with the corresponding equipment. An accurate report prevents you from purchasing idle equipment that you already own and is a requirement for public companies’ Sarbanes-Oxley compliance.
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Seller Services
Demolition
EquipNet conducts frequent online auctions. We have quality inventory from large manufacturers who are trying to dispose of their used and surplus equipment. Please check back often to find the type of equipment you are looking for. Online auctions are a way to find great deals on quality used equipment.
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Seller Services
Impact Consulting
EquipNet will work with our customers who are closing or reducing the size of a manufacturing facility to develop a reconfiguration strategy that maximizes their Return on Assets (ROA).Our Equipment Specialists are experts in a variety of industries and have extensive experience with plant closings and reconfigurations. We can analyze your operations and provide you with an objective perspective, recommendations, and a prospective schedule for change.
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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
EquipNet can deploy a qualified project manager to conduct any or all of the following
services on your behalf:
- 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
eBay Store Auction
The Seven-Day Auction on the EquipNet eBay Store is often the right solution for selling lower-cost, high-turnover items that would appeal to a broad customer base. When sellers send us their surplus, used and unused equipment, we photograph, inventory, catalog, and post to the EquipNet eBay store for auction. We collect the proceeds, package and ship the equipment, and send the seller a check. Remote sellers can choose to supply us with inventory detail and images and manage their own shipping.
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Auction Services
eBay Store Buy-it-Now
A Buy-it-Now listing is posted for a month in the EquipNet eBay store with a price set at a level that the owner has already approved as an acceptable offer. Sellers send us their surplus, used, and unused equipoment, we photograph, inventory, catalog, and post to the EquipNet eBay store for sale. When a Buy-it-Now item sells, we collect the proceeds, package and ship the equipment, and send the seller a check. All fees are deducted from the proceeds of the sale.
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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 surplus, used and unused equipment. The Online Auctions are hosted on the EquipNet website using our own proprietary auction software. EquipNet promotes the auction, oversees the management of the event, answers potential buyers’ requests for information, invoices buyers, manages collection of funds, and oversees removal of equipment.
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Asset Sales and Marketing
Complete Plant Sales
EquipNet can manage the promotion and sale of complete manufacturing plants (including the building and all its contents) to end-user buyers. Complete Plant Sales are listed on the EquipNet MarketPlace™, the largest online Marketplace™ for industrial equipment. Consequently, we have excellent exposure on various search engines, where many visitors find us while searching for plant sales. When a seller lists a complete plant for sale, EquipNet also includes the plant details in several marketing efforts, including targeted email blasts.
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Asset Sales and Marketing
MarketPlace™
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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Asset Sales and Marketing
MarketPlace Services
Depending on your timeline and the equipment you have to liquidate, EquipNet has a variety of selling options. Once the appropriate time is at hand to move equipment to the Clearance Channel, EquipNet may recommend one or a blend of the following clearance channels and/or a cascading approach to the following clearance channels: Live and Webcast Auctions; eBay Store Buy-it-Now and Online Auctions; Sealed Bid Auctions; and, finally, Dispositions and Scrap.
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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
Merger and Acquisition Target Search
Partnering with Mercator Group and Managing Director David Wolf, EquipNet helps Indian companies identify and acquire US entities. The EquipNet and Mercator professionals have an impressive track record of successful merger and acquisition deals with offices in India and the U.S.
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Corporate Solutions
Maintenance and Warranty Services
EquipNet offers value-added services to ensure that your pre-owned industrial equipment runs at optimal condition for as long as possible. Whether you buy your equipment from EquipNet or another supplier, we offer a menu of maintenance and warranty services.
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