Interview with Tom Burton, EVP And President Of The Capital Assets Group At Liquidity Services
Automotive Digest - April 30, 2013
Liquidity Services, Inc. is a trusted and global leader in the surplus goods marketplace and is transforming the way surplus assets are managed and sold. This includes playing an integral role in the surplus asset management process for the world's largest automotive manufacturers and auto supply companies through our marketplace GoIndustry DoveBid (www.Go-Dove.com).
Through our experienced valuations, asset management, and disposition teams, Liquidity Services is able to return maximum value for our clients' surplus products via a comprehensive set of services that include: assessment, appraisals, inventory control, redeployment and sales events. For those clients needing to sell their assets, our global base of 2.2 million registrants, combined with our expertise in locating qualified buyers for even the most unique items, ensures an efficient solution to time, space and revenue needs.
Assessment of Secondary Market within the Automotive Manufacturing Industry
If I could use one word to describe the surplus marketplace within the automotive manufacturing industry it would be: dynamic. We all know there is constant change in the quality, advancement and style within the auto industry and as such manufacturers continue to upgrade their systems and retool their production lines. Hence a lot of the production equipment eventually becomes obsolete. But one manufacturer's outdated equipment is another's treasure.