ASSET LIFECYCLE MANAGEMENT BLOG
Stay tuned for regular updates on all things asset tracking, RFID, bar coding, fixed asset inventory, asset tagging, and moreOptimizing the Asset Life Cycle Entry 9 – CONCLUSION
The ideal scenario is to maintain a single shared database (asset database) whereby assets are tracked and managed. This data source would also...
Optimizing the Asset Life Cycle Entry 8 – Stakeholders and Gatekeepers
To recap, so far in this blog series we have: Defined the asset life cycle and some relevant terms Established minimum sets of data needed to manage...
Optimizing the Asset Life Cycle Entry 7 – Why Timing Matters
Simply put, timing is everything. Clearly, as it relates to availability of information, decision-making can be impacted by availability of...
Optimizing the Asset Life Cycle Entry #6 – Disconnect in the FAR Entry
In order to purchase new assets, a purchase order is created and submitted to a vendor. As the vendor delivers against the purchase order, packing...
Optimizing the Asset Life Cycle Entry 5 – The Balance Sheet
At a minimum, the following data elements should be accurately recorded and maintained: A unique means to identify each asset, such as a...
Terminology of the Asset Life Cycle – Entry 4
While information can take many forms and be used for many reasons, our focus will be placed on the bare minimum required to track, manage and...
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