This line cannot get any more accurate than in the case of excess inventory or idle assets just lying around.
Posts by Akshita Mathur:
Idle Asset Optimization comes with the realization that all the idle machinery that is locked up in warehouses, left to depreciate and gather dust, can bring in a high level of potential cash and returns for companies, if they are sold to the correct place. More
The 5% import tax levied on steep scrap in India two years ago, has had an incredibly adverse effect on the business. To add on to the ingredients that are now brewing up trouble for the metal recycling industry, India has signed FTA’s (Free Trade Agreements) with quite a few countries. More
After a discussion on the prevalent inefficiency of the shipping market at the Sea Asia conference and exhibition held in Singapore (dated April 21-23 2015), a conclusion was reached to replace older and weaker vessels by breaking ships and turning idle ships, otherwise called floaters, into scrapped metal. More