Bidding online is the way of the future and its popularity and innovation is growing constantly. Online auctions are revolutionizing the way industrial equipment is exchanged and making the world’s markets accessible to anyone with a laptop […]
Auctions have been around since the dawn of economies, but, like the economy, they are evolving with the rise of technology and globalization. Traditional auctions are becoming less common as modern auctions take over the scene. There […]
The advertising industry is an ever-expanding vortex of buzz words, promotional materials, markets strategies, and intangibility. It can be confusing and tricky to get clear directions of the best way to advertise for your needs and see […]
The future is here, people! Gone are the days of having to hook up a trailer to your truck, scout out local auctions, hope you find the piece of machinery you need at a price you are […]
The idea of LEAN manufacturing is to use best practices to improve your production methods to produce higher quality products at much lower costs. Production is improved by removing the different types of waste that muddle production […]
Foreclosures come about when borrowers fail to make payments on mortgaged assets. The assets are auctioned off to allow lenders such as banks or agencies to recoup the debts of the defaulted loans. For those entering into […]
There are three major methods that are used to determine the pricing of machinery and equipment. These methods include cost approach, sales comparison approach and income approach. This article will focus primarily on the sales comparison approach […]
Coronavirus is also known as COVID-19. Its emergence in China was like child play that many thought it will only affect the public health sector. Little did we know that it will become the world’s biggest challenge. […]
Exapro, a platform for selling and buying used industrial machinery, has launched a new system called Exaval for its web portal. Exaval will primarily be used for machinery appraisal, estimating the value of machinery prices. Appraisal Definition […]
One of the most common subjects frequently discussed whenever there is a need to value or appraise the cost of a piece of machinery price is the concept of the principle of substitution. For this reason, it […]
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From all the team, happy reading!
