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Case study · Corporate buyback

How a Financial Services Office Got a Fair Price for a Mixed Lot.

Every vendor that inspected the lot offered one scrap rate for all of it. We assessed first and priced the working equipment as working equipment.

Summary

The job at a glance.

Quick facts
ClientFinancial services firm, central Mumbai (name withheld)
EquipmentA mixed lot of office IT: most of it working, some obsolete and not working
The problemOther vendors quoted a scrap rate for everything
PricingWorking and non-working items priced separately, after an assessment
AgreedWithin a week of the assessment
CollectionOne evening, after office hours
What happened

From a scrap rate to an item-wise price.

One price for everything. The firm had a mixed lot of retired office IT. Most of it still worked; some of it was obsolete and dead. Several vendors came to inspect it, and every one of them offered a scrap rate for the whole lot. None of them priced the working equipment separately, so the firm was being asked to sell good machines at the price of broken ones.

What we did. We started with an assessment, not a number. Our team looked at the lot, separated the working items from the non-working ones, and priced each group for what it was. The firm then knew exactly how the amount was built. The amount was finalised within a week of the assessment.

The collection. We picked a slot that suited the office: one evening, after working hours. The payment was made, the equipment was collected and the paperwork was completed, without disturbing the team’s day.

The result. The firm got a fair price for the working equipment, a clean exit for the obsolete units in the same pickup, and the documents for its file. The client asked us not to publish photographs, so there are none here.

Takeaways

What other finance and admin teams can use.

  • If every quote is a single scrap rate, ask for working and non-working items to be priced separately.
  • Insist on an assessment before a price. A number given before anyone has seen the lot is a guess.
  • Get the quotation in writing, so finance can see how the amount was built.
  • Schedule the pickup around the office. An evening slot keeps the working day clear.
  • Collect the documents on the day: the handover record and the certificates that follow.
Questions

Questions, answered.

Client confidentiality. We describe the job and the process, not the company.

Yes, at a fair rate for what it is. Dead or obsolete units are worth close to scrap value, and we still collect them in the same pickup as the working ones.

Yes, when the building allows it. We plan the slot around your security desk and service lift, so the team’s working day is not disturbed.

The written quotation usually follows within 1 to 2 working days of the inspection. In this job the amount was agreed within a week of the assessment.

Got a mixed lot?

Send photos and a rough list. The assessment is free, and working equipment is priced as working equipment.

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