DoveBid - Asset Management and Turnkey Solutions in Mining

DoveBid is an industry leader in providing a strategic approach to surplus asset management through a suite of flexible, full-service asset management solutions - from procurement of used assets to efficient disposition. DoveBid offers a range of services including project management and financial services.

To assist clients, Dovebid is able to offer its professional services to:

• Help with the discovery and valuation of surplus assets
• Provide an online enterprise-wide view of these assets, for internal redeployment purposes
• Dispose of unwanted assets on the global stage using proprietary software, allowing competitive prices for client assets

ASSET MANAGEMENT - REVENUE FROM SURPLUS BUSINESS EQUIPMENT

Stockpiles of surplus and idle business equipment accumulate faster than they can be sold, taking up valuable warehouse space and soaking up capital in even the fastest growing companies. This equipment is an untapped source of revenue and return for its owners.

This surplus and idle equipment is invisible in most organizations. While most companies place great focus on their supply chain management, little attention has been given to the management of surplus, non-producing assets.

SURPLUS ASSET MANAGEMENT

The DoveBid Managed Services surplus asset management program is a comprehensive set of services, including a web-based utility that helps your company systematically and efficiently identify, redeploy and dispose of its surplus assets.

Beyond the web-enabled utility, DoveBid Managed Services has a set of proven best practices, educational training, and corporate-wide reporting. The program features comprehensive administration with a central point of accountability which is focused on helping you accomplish your goals - whether at one location or across the enterprise.

DMS gives companies an enterprise-wide view of their idle and surplus assets. With this visibility, assets can easily be put to work where they are needed, reviving their value to the organization.

ASSET DISCOVERY AND VISIBILITY

It starts with the asset discovery phase, where asset visibility comes to life. DoveBid Managed Services field staffers work with your representatives to perform comprehensive site visits that identify, value, and document surplus or idle assets. These results are then published onto the AssetZone™, an enterprise-wide, web-based application which is secure to your desired audience.

Individuals manage the system, keeping the surplus inventory information complete, current and easy to access. This dilligence results in the highest value for your surplus assets - whether they are redeployed internally or disposed of to an external market.

REDEPLOYMENT WITH ASSETZONE

The AssetZone™ is our sophisticated and proprietary technology to search, sort, browse and redeploy assets throughout your organization. This hosted solution is a secure corporate resource for large companies that facilitates the internal transfer of idle, but needed, assets. After asset specifications are entered into this tool, they can easily be moved to other computer systems, including your internal applications or DoveBid's public disposition systems for external remarketing.

DOVEBID MANAGED SERVICES

Some key opportunities for clients:

• The cash component of the balance sheet can be increased for sellers
• Clients can dispose of or purchase surplus assets anywhere in the world
• Over 5,000 disposal events have been managed by Dovebid globally
• More than $5 billion of assets have been sold
• Access to more than one million buyers and sellers internationally
• Experience in more than 80 different industries
• Specialised equipment to generic cross-industry items are managed
• Major industries include mining and construction, healthcare, electronics, IT, transportation and general manufacturing equipment
• Participation is comfortably available via the Internet
• 90% of sales are conducted online