Surplus arrives in recognisable situations, and each one has its own pressure. A turnaround has a date. A plant closure has a hand-back. A crib cleanout has a space problem. An insurance recovery has a claim file. The commercial answer is similar, but the timing and the paperwork are not.
The pages below describe the situations we see most often, what typically has to happen, and how we work within the constraint rather than around it.
Situations
How surplus appears
- 01 Plant ClosureA closure has a date attached to everything. The stores room is usually the last thing anybody thinks about an… →
- 02 Turnaround SurplusA TA ends with a laydown yard full of valves and a demobilisation date. The material has to move, and it has t… →
- 03 Obsolete and Superseded InventoryObsolete does not mean worthless. It means the plant has standardised on something else, and the old stock is … →
- 04 Spare Parts CribThe crib is where value goes to be forgotten. We buy it as it stands, including the items nobody can identify.… →
- 05 Warehouse OverstockSpace costs money every month. Overstock valves cost it twice: once when they were bought and again while they… →
- 06 DemolitionDemolition contractors cut first and ask later. A valve that reaches the shear is worth scrap; the same valve … →
- 07 Auction LeftoversThe lots that did not sell are usually the ones with the most material and the least description. That is a so… →
- 08 MRO SurplusMaintenance and reliability teams inherit stock they did not buy. Selling it is nobody's job, which is why it … →
- 09 Mothballed UnitMothballing preserves equipment and freezes capital. When the restart never comes, the spares become a decisio… →
- 10 Decommissioned PipelineRetired lines leave behind large, expensive, well-documented valves. The scrap value is a fraction of the real… →
- 11 Scrapped or Deferred ProjectThe best surplus in the market: new, crated, certified, and bought for a project that no longer exists.… →
- 12 Insurance RecoveryA claim settles the loss, not the material. Undamaged spares from a recovery are often the most straightforwar… →
- 13 Yard CleanoutMaterial that has been outside for years is still material. It is just harder to identify, which is why it nev… →
