Are you confident your company is achieving the best possible asset recovery results? Do you know whether your return rate could go a few points higher? Or how feasible it would be to slash five, 10 or even 20 percent off your days of inventory? If not, you’re not alone. Most businesses don’t know what’s truly achievable for companies of their kind. As a result, most asset recovery goals are guesstimates. Often, they’re not aggressive enough, which means companies are leaving a lot of money on the table and dissatisfied customers in their wake.
To reach true asset recovery potential, you need industry-appropriate, well-vetted benchmarks that you can measure against, aspire to, and then, with the right plans and best practices, attain.