A Better Future for Surplus

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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.

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