Asset tracking is a fundamental necessity for companies of all sizes, especially when it comes to workplace furniture and IT equipment.
An actively managed and accurate inventory is essential because as the saying goes, “you can’t measure what you can’t see.”
Once the inventory foundation is set, you can:
• understand asset utilization
• understand product lifecycles
• create a proper maintenance schedule to maximize asset lifespan
• prevent theft and enhance security
• perform proper accounting and confirm amortization rates (your finance team will thank you!)
To learn more about the do’s and don’ts of asset management – contact us.