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Reduce, Reuse, Refurbish

Lab asset and surplus management plays a crucial role in supporting Environmental, Social, and Governance (ESG) goals by optimizing resource utilization, minimizing waste, and promoting sustainability. Effective management ensures that laboratory assets are utilized to their fullest potential, reducing the need for new purchases and thus conserving resources. By responsibly managing surplus equipment and materials, laboratories can reduce their environmental footprint through recycling and repurposing, rather than contributing to landfills. This approach not only aligns with environmental stewardship but also demonstrates a commitment to social responsibility by potentially donating surplus items to educational or nonprofit organizations. Additionally, proper asset management enhances governance by ensuring compliance with regulations and standards, fostering transparency, and promoting ethical practices.

Lab & Facility Managers play a pivotal role in aligning lab asset and surplus management with ESG goals. One of the most effective strategies is to adopt the Reduce, Reuse, & Refurbish framework which not only helps save equipment from landfills but also offers financial saving & operational efficiency improvements. ALT has developed this framework and Surplus & Asset Management Strategy Template to assist lab and facilities managers with documenting a process to manage assets through their entire lifecycle from procurement to resale.

Download an editable copy:

Reduce, Reuse, Refurbish Surplus & Asset Management Strategy Template

Browse other Surplus Thought Leadership Resources:

Reduce, Reuse, Refurbish Framework White Paper

What Makes ALT Different

Our model enables you to recapture lab and facility space, access working capital, get operations running efficiently, and allow for more time for science. We offer flexible options to monetize surplus or idle lab equipment. As the largest supplier of premium refurbished lab equipment in North America, we know your equipment and the resale market. We’re 100% dedicated to life sciences so our team of buyers have the pulse on current instrumentation values and will ensure you receive maximum ROI for your surplus equipment.

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Check Out Our New Arrivals

American Laboratory Trading is always looking for, finding and purchasing high quality used laboratory equipment for our experienced technicians to refurbish and calibrate to like-new condition. Click below to see the newest items we have acquired.

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