page_title: Computer liquidator
section_title: Process
hierarchical_section_title: Computer liquidator / Process
caption_attribution_description: English: It is a flowchart detailing the Computer Liquidation Process
context_page_description: A computer liquidator buys computer technology and related equipment that is no longer required by one company, and resells it to another company. Computer liquidators are agents that act in the computer recycling, or electronic recycling, business.
  There are several reasons why companies will sell, or liquidate, used Information Technology equipment: bankruptcy, downsizing and expanding, or technological advancement. Technological advancement is the most common reason, as the equipment is no longer performing the tasks required of it, usually because it has been rendered obsolete by more advanced technology coming on to the market. This used or obsolete technology is often referred to as electronic waste. Equipment designated as outdated for one company is still viable for another company, whose operations may not require advanced solutions. Often, an information technology audit will be performed to help a company decide if their equipment needs updating, and if so, what the requirements are.
context_section_description: There are typically three agents in the computer liquidation process: the seller, the computer liquidator, and the buyer. The sellers are companies who are bankrupt and need to sell their assets, companies who are downsizing or expanding, and companies who are upgrading their technology. Usually, companies who are looking to sell their equipment will first conduct an information technology audit to review their systems and equipment. The process is generally fueled by the supply side, as computer liquidators rely on what is available on the market for them to liquidate and resell. Thus, there nearly always exists a shortage for buyers. 
  Oceantech, for example, buys up computers, laptops, tablets and other such electronics from companies who no longer need the technology. They then conduct certified data destruction on the appliances. Technicians will then perform a thorough check of the systems and confirm that the devices are functional then they are stored into a warehouse. If only certain parts, like the motherboard or hard drives, are able to be used, these are stripped off of the machine and put into a warehouse to store. Then, the devices or parts are be resold to smaller companies and places like school districts, who are in need of these products. Most of the companies involved in the computer liquidation business are also heavily involved in the computer and electronic recycling industry which takes on a similar process of disassembling and testing. 
  This process theoretically benefits both ends of the exchange, the seller gets money for equipment they no longer needs and the buyer gets cheap equipment that is necessary for their work.
caption: The Computer Liquidation Process
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