Investment Recovery Association RSS Feed

IR Lunch & Learn-Detroit on 21-May-12 10:00 AM

Mon, 21 May 2012 14:00:00 GMT

IR Lunch & Learn-Detroit
Start Date: 21-May-12 10:00 AM
End Time: 21-May-12 3:00 PM
Location: Walter P. Chrysler Museum, Auburn Hills, MI 48326
Speaker: Michael Rhodes, CMIR Fellow

Event Details:

What an exciting opportunity to hob nob with other IR professionals while also getting a private tour of the exceptional Walter P. Chrysler Museum! This no-charge event,–which includes lunch, program and the museum tour–is compliments of the Investment Recovery Association. (The museum is closed to the public on Mondays, so we'll have the whole place to ourselves!)

There will be a "How we do it" round table featuring representives from the investment recovery departments of some of the 'Big Three', plus a presentation by the president of the Investment Recovery Association, Michael Rhodes, CMIR Fellow from Dominion Resources.

This is open to non-members as well as members and associate members of the association. A special "Thank-you" to member company Chrysler, LLC for hosting the association for this event.

This is an ideal opportunity to 'show off'' your association by inviting your customers or vendors to learn a bit more about how WE do Investment Recovery

Walter P. Chrysler Museum

One Chrysler Drive

Auburn Hills, MI USA 48326

Benefits of Investment Recovery

Mon, 07 May 2012 14:42:57 GMT

Members of the Investment Recovery Association learn procedures, improve their skills and acquire professional business contacts that allow them to provide exceptionally high return for their organizations. The following is an overview of the benefits of a professionally-managed investment recovery program and examples of the bottom-line contribution it provides. According to member data collected by the Investment Recovery Association... IR departments save their companies an average of $13 million a year; individual companies have saved as much as $150 million a year from the asset management services of investment recovery professionals. 70 to 90 percent of every sales dollar generated by investment recovery goes straight to the bottom line as profit. For every dollar generated by an IR department activity, $40-$70 in sales would be required to generate the same net effect to the company's profit. Corporations in virtually...

ASSET 2.0: VOL. 2, 2012

Thu, 03 May 2012 20:15:56 GMT

Theme of this issue: Scottsdale Wrap-up Download the complete issue Asset 2.0 Volume 2, 2012 Asset Management: How El Paso Does It! El Paso Corporation is the nation's leading interstate natural gas pipeline system. More than a quarter of the natural gas consumed in the country each day is transported through our 42,000 mile natural gas pipeline system. El Paso Exploration and Production Company is a leading domestic natural gas producer with a substantial footprint in the emerging shale plays across the United States and international developments in Brazil and Egypt. Read the rest of this article... Feature Story: Asset Recovery at Eli Lilly & Company Eli Lilly and...

IR Editorials

Thu, 03 May 2012 18:39:31 GMT

Catch up on some of the educational articles appearing in the Investment Recovery Business Journal, ASSET 2.0. Search Articles (Registered Users and Members Only) Download Back Issues (Members Only) Subscribe to Asset 2.0 Surplus Asset Management: How El Paso Does It! El Paso Corporation is the nation's leading interstate natural gas pipeline system. More than a quarter of the natural gas consumed in the country each day is transported through our 42,000 mile natural gas pipeline system. El Paso Exploration and Production Company is a leading domestic natural gas producer with a substantial footprint in the emerging shale plays across the United States and international developments in Brazil and Egypt. (read more) Asset Recovery at Eli Lilly and Company Eli Lilly and Company (Eli Lilly), a Pharmaceutical Company headquartered in Indianapolis, Ind., has...

Benchmarking

Mon, 16 Apr 2012 19:38:19 GMT

How well is your investment recovery effort doing? What is the benefit-to-cost ratio? How do you compare with others in your industry? MEMBERS: The Executive Summary from the recent study is now available. CLICK HERE The Association's Benchmark Study provides the vital yardstick of our profession. As an Investment Recovery Association member, you will have the confidence to compare your efforts against others in your industry as well as investment recovery operations worldwide. Access to performance benchmarks and statistics for key industries nationwide is available ONLY to members of the Investment Recovery Association. Compiled by the Center for Advanced Purchasing Studies (CAPS), this valuable data allows members to create their own internal standards, set realistic goals and measure their progress. In 2009, the decision was made to field the IR Benchmark...

Members and Associate Members

Mon, 24 Oct 2011 16:06:26 GMT

From the link below you can access a partial listing of member and associate member companies in the Investment Recovery Association.

One of the benefits of membership in the Investment Recovery Association is access to complete, detailed contact information on the individuals within each member company.

Download Member Company List and Associate Member Contacts

ASSET 2.0: VOL. 3, 2010

Mon, 21 Jun 2010 18:31:53 GMT

Theme of this issue: SURPLUS EQUIPMENT Download the complete issue Asset 2.0 Volume 3 - 2010 Add to favorites President's Message. A Free Lunch... Pretty Smart! New Lunch n’ Learn Program. Wanting to expand our new member acquisition program and connect with members and prospective members around the country, we are trying out the concept of regional events. Our first test is an ‘IR Lunch & Learn’ on June 23rd in Houston. Read the rest of this article... Boneyards: Desert Home for Surplus Aircraft Challenged for room in your laydown yard or other surplus storage areas? Imagine the space that the military and commercial airlines require to store their spare aircraft. Read the rest of this article... Is Purchasing Practicing What IR Preaches? There seems to be one over-riding issue that consistently impedes maximum asset recovery for industrial plants. There is significant disconnect between the...

What is Investment Recovery?

Thu, 27 May 2010 21:59:23 GMT

Adding Value to Still-Valuable Assets Investment Recovery (often referred to by practitioners as IR) is the practice of recovering the highest value of assets no longer needed by a company. The IR process begins by identifying idle assets within the organization then reusing or disposing of the surplus; recouping substantial value in the process. Think of it this way: Every large organization purchases assets-from office buildings and manufacturing facilities to the equipment and machinery required for operation. Over time, those assets wear out or are no longer needed where they were originally put into service. That's where investment recovery adds exceptional value. In fact, professionally-run IR Departments return over a 30X bottom-line net profit for every dollar invested in investment recovery operations, making it among the most productive departments in any organization! As experts in surplus asset management, IR professionals employ...

ASSET 2.0: VOL. 2, 2010

Sat, 17 Apr 2010 20:19:53 GMT

Investment Recovery: Post-Show Wrap-Up! Download the complete issue Asset 2.0 Volume 2 - 2010 Add to favorites President's Message. Wow! That really doesn’t do justice to the comments I heard from many of you who attended our 76th Seminar & Trade Show in New Orleans, but it’s a start. If you weren’t in attendance, you missed a wonderful opportunity to learn more about investment recovery, speak with vendors with whom we work in the profession, and catch up with old friends and acquaintances. Read the rest of this article... Roundtable Notes Recycling - How We Do It Recycling is one of the key facets of the investment recovery umbrella. It reduces dependency on mining raw materials and reduces landfill volumes and greenhouse gas emissions. It also sends a significant amount to the bottom line of corporate budgets. Read the rest of this article... Investment Recovery Best Practices Still An Opportunity For Most...

Contact The Association

Wed, 27 Jan 2010 16:41:25 GMT

We are interested in hearing from you!

Please use this form to send us an email and an Investment Recovery Association representative will contact you as soon as possible.

Investment Recovery Association Mailing Address:

638 W. 39th Street PO Box 419264

Kansas City, MO 64111 Kansas City, MO 64141

Phone: (816) 561.5323 Fax: (816) 561.1991

Toll Free in the U.S.: (800) 728.2272

Executive Director - Jane Male, CAE

We look forward to hearing from you.

Thank-you!

Antitrust Checklist

Thu, 03 Sep 2009 20:07:24 GMT

Discussion Topics to Avoid Violation of antitrust law is a felony. Criminal sanction for antitrust violations have increased substantially in the past decade. A corporate violator may be fined as much as $10,000,000. Individuals may be punished by fines up to $350,000 and by jail sentences of up to three years. Trade association such as the Investment Recovery Association–which by their very nature involve interaction among competitors and/or suppliers and customers–are subject to close scrutiny for antitrust violations. Therefore, members must be very careful to keep their activities within the prescribed bounds, both in appearance and in actual fact. The following checklist has been prepared to provide guidance for members in their conduct at meetings or in connection with other activities. It is important to note that federal and state antitrust legislation is very extensive, and the guidelines provided herein are not exhaustive and do not provide a complete synopsis...

2011 Investment Recovery Survey

noemail@invrecovery.org — Mon, 10 Jan 2011 20:00:00 GMT

Objectives:

Quick review for brief article in ASSET 2.0

Release Date: 10-Jan-11 2:00 PM
Expiration Date: 31-Jan-11 12:00 PM

This is a very brief survey that should only take a couple minutes to complete.

Your responses are confidential, and will only be used to compile information for an article to appear in ASSET 2.0.

The Business Side of IR- brief survey

noemail@invrecovery.org — Thu, 09 Sep 2010 20:30:00 GMT

Objectives:

We are writing an article for the next issue of ASSET 2.0 tentively titled "The Business Side of IR." Your input for a few quick questions is greatly appreciated.

Release Date: 9-Sep-10 3:30 PM
Expiration Date: 20-Sep-10 3:30 PM

This should only take a couple minutes.
Your responses remain anonymous.
if you would like to have a quote appear in the article, or to talk with the editor, please respond to this survey email with your contact information

State of the Surplus Industry SURVEY

noemail@invrecovery.org — Wed, 20 Jan 2010 17:00:00 GMT

Objectives:

We appreciate your input!

Please respond by email if you have any other thoughts or comments for this article.

Release Date: 20-Jan-10 11:00 AM
Expiration Date: 29-Jan-10 10:00 PM

This should only take a couple minutes.
Editors can view your responses, but they will remain anonymous.
Please respond to this survey email with your contact information if you would like to have a quote appear in the article, or to talk with the editor.

State of Investment Recovery Survey

noemail@invrecovery.org — Tue, 19 Jan 2010 13:00:00 GMT

Objectives:

We appreciate your input!

Please respond by email if you have any other thoughts or comments for this article.

Release Date: 19-Jan-10 7:00 AM
Expiration Date: 29-Jan-10 8:00 PM

This should only take a couple minutes.
Editors can view your responses, but they will remain anonymous.
Please respond to this survey email with your contact information if you would like to have a quote appear in the article, or to talk with the editor.

Lorem ipsum

2008-07-10T18:55:39Z

Instructor: Instructor

Lorem ipsum