What is Investment Recovery or IR?
In business terms, IR is identifying and seizing opportunities to recover spent dollars from surplus, obsolete or outdated and overstocked inventory. In layman’s terms, IR is practicing the old philosophy that one man’s trash is another man’s treasure. While NPPD has always utilized opportunities for investment recovery, a milestone step was taken in 2000 when an Investment Recovery Coordinator position was authorized and tasked with identifying and utilizing opportunities to increase IR activities and returns throughout NPPD. The success of investment recovery activities is evidenced by the fact that in 2003 a return of nearly $700,000 was realized, and in 2007 an exceptional return of nearly $3,680,300 was realized. It is expected that this positive trend will continue. NPPD’s IR Coordinator activities include the collection and sale of scrap metals, reuse of items within different NPPD operations and departments, and the sale and recycling of computer and office equipment. IR activi
