A growing number of leading manufacturing & research organizations are embracing newer cost cutting strategies to reduce their budget in acquiring capital equipment. By these strategies, they purchase equipment from alternative sources – including internal redeployment, the pre-owned market (used/unused) and overseas suppliers – before buying new equipment from the traditional Original Equipment Manufacturers (OEMs).

Such cost- effective equipment sourcing strategies are giving significant results. Many companies have found that they can have a cost saving of up to 25% to 75% tapping alternative sources. Not only does this help in saving cash, but it also improves their cost structure by reducing depreciation – making them more cost competitive year after year. Finally, it allows them to pursue and expedite projects that would not otherwise have been economically feasible.

This is where, EQUIPNET (India) Pvt. Ltd. a 100 % subsidiary of EQUIPNET Inc, USA,world’s leading provider of surplus asset management solutions comes into the picture by assisting these corporations.

EQUIPNET established in 1999, with offices in USA, Canada, Mexico, UK, India, Singapore and China specializes in assisting pharmaceutical, consumer, chemical/API, & biotechnology companies to identify, manage, redeploy, sell their idle/surplus assets, same time assist in procuring pre-owned (used/unused) equipment.

The different channels for asset management are asset redeployment management software, MarketPlaceTM (www.equipnet.com - selling & buying), auctions, dealer network and scrap management.

EQUIPNET has earned a reputation globally for assisting corporations such as AstraZeneca, CIPLA, Zydus, Nicholas, GSK, J&J, Novartis/Sandoz, Merck, Eli Lilly, Roche, Coke, Unilever, Colgate, Nestle, Eastman Chemicals, BASF, Bayer etc. to manage their surplus assets.

EQUIPNET (India) also represents global OEMs from USA & Europe exclusively for the SAARC region viz.

• Complete Inspection Systems Inc., USA – automated proof reading systems – for comparison of master and sample documents for packaging development, QC & regulatory affairs.
• Hanningfield Process Systems Ltd, UK – vacuum conveying, dust containment, mills.
• NJM CLI Packaging Systems Intl., Canada – tablet/capsule counting & filling lines.
• KG-PHARMA GMBH & Co. KG, Germany – instrumented R&D tablet press.
• GP-Solutions (UK) Ltd – Desktop labelling & braille embossing systems.