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Asset Recovery: New Dynamics for Purchasing Organizations
Author(s) -
Chandrashekar Ashok,
Dougless Thomas C.
Publication year - 1997
Publication title -
international journal of purchasing and materials management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 1055-6001
DOI - 10.1111/j.1745-493x.1997.tb00033.x
Subject(s) - asset (computer security) , purchasing , function (biology) , business , economics , marketing , computer science , computer security , evolutionary biology , biology
As a result of economic pressures, organizations have begun to pay more attention not only to purchasing practices but also to the disposal of surplus material, a function which is called by many names including asset recovery. This article begins with a discussion on the basic principles of asset recovery. A framework to analyze asset recovery decisions is then provided along with examples to illustrate the effect of tax and other laws on the various decisions. Finally, this article discusses some of the contemporary issues (including the alternative methods) in surplus asset disposal and their impact on the function.