ITAD - Retired Assets

Hello! Once an asset is retired, what is the timeline to have it disposed properly? Looking for best practices.

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it really depends on your company disposal channel (e.g. employee buy out, return to lease, disposed via ITAD partner) . Personally, I consider as a good practice to not consider the device retired as long as the user´s company is liable for. If we are still liable for the device, we can speak about decomissioned device but not retired. It means, firstly once the device is bough out by employee or received by the ITAD partner or leasing partner its status is changed to retired. Take into account that there might be different SLAs for the leasing/ITAD partners to pick up the devices from your company offices. You might have be limited e.g. by min. quantity to be picked up too. But generally saying, in function of size and maturity level of the organization, the decomissioned device should not be longer than 1-2months in stock before being bought out or shipped out to leasing/ITAD partner.

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@ChristineN - to Jarek’s point, it does depend on the company’s view of assets, particularly useful life. Depending on the asset type, some companies’ views are tied to financial depreciation (3 years, 4 years, 5 years).

For example, some desktops can last 3 to 4 years (spec dependent), some laptops 3 to 4 years as well, and servers 5 to 6 years (manufacturer dependent). Storage devices and network devices can be 5 to 6, but that, again, is dependent on how the company refreshes its hardware, which may or may not be aligned with financial depreciation.

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