Asset Liquidation
By allowing clients to tap directly into a buying group with an annual procurement power of over $1.5 billion, 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 call Zulu Residual Value Guarantee Auction 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.
In addition, LMI itself or through its strategic partners maintains or has access to a global network of warehousing depots and testing facilities. All equipment is audited, de-installed, packaged/palletized and sent to one of its facilities or partner’s facility where an inbound receiving audit is made and the equipment is subsequently tested prior to disposition.