Tru-Markets Announces Investment Recovery Workshops

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Complimentary workshops are designed to help energy sector investment recovery teams do more with less by supplying the resources necessary to focus on continuous improvement activities

With its complimentary workshop, Tru-Markets aims to bridge the gap between the resources available for day to day activities and those needed to make meaningful progress on continuous improvement plans.

Tru-Markets, an online marketplace for surplus and salvage, announced today that it has launched complimentary investment recovery workshops for energy companies. The workshops follow commodity management structure methodologies often used for the sourcing and procurement side of the supply chain, and will produce customized disposition plans and process improvement recommendations. An experienced team facilitates cross-functional workshops that catalogue current inventories, document existing practices and uses peer-based benchmarks to give investment recovery leaders an independent view of their program.

Investment recovery teams are under constant pressure to add value by increasing the frequency of internal transfers, improving the accuracy of surplus equipment and material inventories and maximizing returns for idle assets. However, the everyday demands on today’s lean investment recovery teams can leave little time to focus on longer or intermediate term continuous improvement activities. With its complimentary workshop, Tru-Markets aims to bridge the gap between the resources available for day to day activities and those needed to make meaningful progress on continuous improvement plans.

“Incorporating proven supply chain practices, such as commodity management structures, into the investment recovery value chain is not a new idea,” said Chad Farrell, Managing Partner at Tru-Markets. “But very few investment recovery teams have the resources necessary to implement those practices effectively. That’s why we launched the complimentary workshops. We know that IR teams are charged with doing more with less and we are here to help.”

The workshops are offered to all current and prospective Tru-Markets customers. Tru-Markets considers this investment of time and expertise as another demonstration of its commitment to exceptional value and customer service. To schedule or inquire about a workshop, please contact Mike Besecker at (512) 228-4049 or at mbesecker(at)tru-markets(dot)com.

About Tru-Markets
Tru-Markets is an online marketplace for buyers and sellers of energy equipment, heavy equipment and commercial salvage. Based in Houston, Texas, Tru-Markets was founded by industry experts dedicated to offering a premium level of service previously not available in the surplus and salvage markets. Tru-Markets focuses on the capital asset divestment needs of Fortune 500 companies and acts as a salvor for major insurance underwriters. For energy companies, Tru-Markets specializes in investment recovery and surplus auctions for surplus energy equipment. For major insurance underwriters, Tru-Markets specializes in insurance salvage which includes the salvage sale of goods for marine claims, cargo claims and property claims via salvage auctions.

To schedule an interview with Chad Farrell, please contact John Daunt at (855) 879-8786 ext. 700 or email jdaunt(at)tru-markets(dot)com. For general information, please visit http://www.tru-markets.com.

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John (JD) Daunt
Tru-Markets
(855) 879-8786 700
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