The following questions shed light on a few areas of concern with regard to the sale of your company’s scrap metal. The answers can help to determine how well your company is doing in its efforts to mitigate its risk to downstream environmental liability, attaining the most for it, homogenizing systems and processes between the plant locations and decreasing the amount of effort expended by all involved departments within your company:
If you answered NO to any of these questions, a conversation with one of our representatives about how we can get you 20% to 50% more for your scrap metals while mitigating the risk you have to downstream environmental liability would be prudent.
Scrap Worx™ – a professional scrap metal management program that delivers:
- More money
- Less work
- Less risk
Scrap Worx™ is a professional scrap metal management program delivered by subject matter experts using indexed, volume-enabled pricing integrated with a sophisticated audit trail to get you more money and less risk from your scrap metals. By implementing Scrap Worx™, your company can be confident that it’s getting the maximum value from its scrap metals:
- Proof that your scrap’s not harming the environment
- The luxury of more money for it
- Less time spent by your employees to deal with it
Does the same person handle your scrap metal sales for all of your plant locations?
Do you have a system/process in place that is the same for each location for the sale and disposition of your scrap metals?
Does the person or people who handle the sales of your scrap metals know that your company has downstream environmental liability for any local, state and/or federal law and/or regulation that is broken from the time it leaves your facility until the time it is melted at a mill – the entire chain-of-custody?
Does the person or people who handle the sales of your scrap metals know the chain-of-custody of the scrap once it leaves your plant?
Does the person or people who handle the sales of your scrap metals compile and track all of the pertinent information to create an audit trail in the event that your company is named in a lawsuit or audited by the EPA, Department of Transportation or other federal, state or local entity in which there has been a breach in the handling, shipping, storage and/or recycling of your scrap materials?
Does the person or people who handle the sales of your scrap metals regularly visit the facilities of the buyers of your scrap metals to vet their operations by touring them, taking photos, getting copies of insurances, licenses, permits and certifications, seeing that there is no leaching of hazardous materials from the scrap into the ground that could potentially become a Superfund site in which your company could become party and be required to pay for a portion of the cleanup?
Does the person or people who handle the sales of your scrap metals inspect the containers provided by the scrap buyers to ensure that they are not leaking materials onto the roadways in the event of rain or snow, in which case your firm can be liable?
Does the person or people who handle the sales of your scrap materials validate that the scales your scrap buyers use are certified and calibrated several times a year to ensure their accuracy so that you are paid properly?
Does the person or people who handle the sales of your scrap metals reconcile the scale tickets to verify no errors in weights, commodity pricing, adjustments to new monthly spot metals pricing, fees and other costs, and make collection calls if the buyers have not paid you?
Does the person or people who handle your scrap metals sales provide one monthly report in the form of an Excel spreadsheet to your accounting department that is easy for them to decipher, and makes year end reporting to the IRS for scrap metal sales simple and straight forward?