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 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...
Control Points in the Fixed Asset Life Cycle – Entry 3
Within this series, we will follow the flow of two practices: Purchasing and Shipping/Receiving, within the typical fixed asset life cycle. The...
The Fixed Asset Life Cycle – Entry 2
As we begin to look at the fixed asset life cycle, it makes sense to define it. The asset life cycle represents the varying stages that an asset is...
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