University Surplus Management | Ensure Proper Stewardship of University Surplus Assets

2018-08-15T14:34:25-04:00Tags: , , , |

If you’re involved in university surplus management, you know how valuable a successful program can be. Fixed assets represent a significant investment of university resources and play a critical role in your institution’s success. Whether your surplus warehouse is fully funded or self-funded, resources can be limited—so, as you well know, it’s important to [...]

University Surplus Management | Encouraging Engagement

2018-08-15T14:33:13-04:00Tags: , , , |

University surplus management is an important job. From our experience working closely with universities, we’ve learned that surplus operations have a lot to offer their institutions, including waste diversion and revenue generation. Your surplus operation can certainly be successful alone, but adequate support and cooperation from fellow university departments can help your warehouse achieve [...]

The Role of Surplus Property in Campus Demolition Projects

2018-01-22T10:11:04-04:00Tags: , , , |

No fixed asset can last forever, and buildings are no exception. Whether due to dwindling residual value or significant deterioration, there may come a time when the best strategy is to demolish a campus building. Once your institution has decided on demolition, however, you’re faced with the task of addressing all of the assets inside [...]

Sustainability, Surplus, and The Triple Bottom Line

2018-01-22T10:08:56-04:00Tags: , , , |

The focus on sustainability in higher education has become prevalent throughout the country. Institutions like the University of Central Florida and Ohio State University helped pioneer sustainability programs in the early 2000s, and since then, many other schools have followed suit. By 2013, more than 665 U.S. colleges and universities had publicly committed to pursue [...]

Surplus Property: An Untapped Resource for University Waste Diversion and Revenue Generation

2018-01-22T10:07:16-04:00Tags: , , , |

Universities across the country continue to prioritize sustainability and a drive towards zero-waste among their top initiatives. According to the Association for the Advancement of Sustainability in Higher Education (AASHE), “the most successful campus waste reducers have established challenging waste reduction goals and are implementing broad and numerous initiatives to achieve those goals.1” From [...]

Location Isn’t Everything: 5 Keys to Running a Successful Off-Campus Surplus Operation

2018-01-22T10:03:53-04:00Tags: , , , , |

Location is an essential factor for most businesses. University surplus managers running off-campus warehouses can vouch for that. An off-campus location challenges managers to develop effective strategies to transport surplus assets, get student workers to the warehouse, and attract customers from campus and beyond. Rising to the challenge means building an identity that’s in [...]

Surplus Managers Opt to Stay Local

2018-01-22T09:41:16-04:00Tags: , |

University surplus managers aren’t going out of their way to move products internationally More U.S. companies – large and small – are turning their focus to overseas sales as American brands continue to find success in international markets. However, most university surplus organizations aren’t following suit. Dealing with school administrators, customers and busy schedules [...]

7 Ways Colleges and Universities are Promoting Surplus On Campus and Around Town

2018-01-22T09:34:36-04:00Tags: , , , |

Promoting your surplus operation and available assets can make a difference in meeting your waste diversion, revenue generation, or other goals. Getting the word out on campus and around town helps drive customers to your warehouse and move items off of the shelves. Here are a few strategies surplus managers are using to publicize [...]

Spread the Wealth

2018-01-22T09:32:05-04:00Tags: , , , |

Using Departmental Reimbursements to Improve Surplus Throughput and Results At many colleges and universities, it can be a challenge to convince the departments on campus to contact the surplus property department when disposing of end of life assets. Giving them a stake in the game can encourage participation. Institutions of higher education across the [...]

“Show Me The Money”

2018-01-22T09:25:16-04:00Tags: , , |

Generate More Revenue for Your Surplus Operation Regardless of how your surplus department is funded, bringing in more revenue is never a bad thing. For self-funded departments, it means a greater operating budget. For fully-funded departments, it could mean larger departmental reimbursements. Either way, it likely means more waste diverted from landfills and more [...]