The transport method is an important consideration in planning the shipping process of industrial machinery. In addition to the cost, it is necessary to evaluate the urgency of the shipment, the value of the machine itself, and […]
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How to buy used machinery from dealers?
Industrial machinery and plants have a long service life. It is not uncommon for industrial equipment to be used for over 20 years, so purchasing second-hand equipment is meaningful for many industries. If you lost your old […]
Buy New or Used Industrial Machinery?
In today’s difficult economic situations, when industries try to reduce costs without compromising quality, used industrial equipment come to their rescue. Is it all about the costs or something else is involved? Read this blog to get […]
ONLINE AUCTION FRAUD: STAY SAFE FROM ONLINE THREAT
Online Auction Fraud: Definition and Types Online Auction Fraud is becoming popular as internet scam increases across the globe. The level of online threats has risen over the years and these fraudsters have improved methods in their […]
Bidding Online for Beginners: Welcome to the World of Industrial Auctions
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 […]
Get the Biggest Bang for Your Advertising Buck: The Best Ways to Advertise an Industrial Auction
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 […]
Live Online Auctions – What They Are and Why They’re GREAT!
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 […]
Going LEAN: The benefits and how to profit from your unused machinery
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 […]
Judicial and Non-Judicial Foreclosure Sales: What’s the difference?
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 […]
Sales Comparison Approach as a Valuation Method of Machinery
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 […]