Last January, F-Cubed agreed to have TechSmart sell its used computers. When an equipment lease terminates, F-Cubed's customer sends the computers directly to a TechSmart warehouse on Long Island. TechSmart catalogs the equipment and determines whether the equipment is saleable, needs repair or should be scrapped. F-Cubed is notified so that it can track the status of its equipment. If the Internet is taking the hassle out of capital asset recovery, choosing a site can still be a pain.
Auction sites use several dynamic pricing schemes, including reverse bidding.
Horizontal sites, also growing in Asia, offer an array of products. Further, companies which run on-line auctions and exchanges insist that sellers of used equipment net more money in cyberspace. Corporates sitting on billions in fast-depreciating capital assets no doubt hope there are more Linda Kellys out there. Enid Tsui is a senior writer at CFO Asia.