Salvaged Goods & Faction Tags

I read, somewhere, salvaging could be profitable. I’ve aquired a some items that seem to be still good and some that seem to be ruined.
After searching through the UniWiki, I still can’t figure out what exactly I can do with them. All I seem to find is vague answers like sell it or use it in manufacturing, nothing really specific. Could someone point me in the right direction on what to do?

I think I have the same problem with the faction tags, sell them or turn them in… somewhere.
I just keep collecting them and haven’t figured out how, or where, to use them.

I probably haven’t aquired enough of either to viable do anything with them, I would just like to have a better understanding of why.

Everything about New Eden tells me I need to think and plan several steps in advance, which is partly why I enjoy it. Is there any other sources, besides the UniWiki, I should be reviewing?

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