Selling
By allowing clients to tap directly into a buying group with an annual procurement power of over $1.5 billion, through the Sierra Seller’s Portal the company offers a centralized and liquid disposition market. This efficient and easy-to-use utility provides an integrated solution for maximizing residual values in the asset disposal segment of the IT Asset Management process.
LMI has also created a ‘put’ option market where sellers buy a ‘put’ option to sell assets at a strike/sale price that is set through a market discovery mechanism, at a future specified date. This utility allows for asset managers to hedge market-book value risk of IT assets that are scheduled to be displaced during a tech refresh.