Global Asset Recovery Services (GARS) is a key differentiator for IBM Global Financing in the marketplace. IBM Global Financing has been disposing of its end of lease assets through refurbishment / resale and recycling for over 20 years. The IBM Global Asset Recovery Services (GARS) organization within IBM Global Financing handles these returns and is one of the world's largest, most efficient reverse logistics organizations with processes that are scalable on demand. GARS is built upon a robust eBusiness backbone enabling full remanufacturing capabilities and a broad network of distribution channels to provide optimal RV and asset value recovery. This is supported by a full range of web-based services for the acquisition, management, and disposition of IT related equipment, components and parts.
GARS asset recovery services include:
Re-manufacturing and refurbishing returned equipment for subsequent resell
Disassembling products and reselling used parts back into the marketplace
Scrapping used IT equipment in a way that meets environmental regulations and addresses data privacy concerns
The two primary offerings of GARS are IBM Certified Used Equipment™ and Asset Recovery Solutions. Both of these offerings are sold through various sales channels including face to face sales, business partner sales, and e-commerce tools such as ibm.com and our Private Trading Exchange (PTX). Used assets are resold to business partners and end user customers after they have been refurbished and tested to IBM standards qualifying for the "IBM Certified Used EquipmentTM" specification. Used assets are also resold in "as is" condition to the broker market.
GARS operations worldwide play a major role in IBM's environmental leadership. In 2005, GARS processed 26,430 metric tons of end-of-life products and product waste and sent only 2.28% of that to landfill, still well below the company's target of a not-to-exceed landfill use rate of 3%.
