5 Best Practices for Utility Company Asset Tracking and Management

Proper asset management allows utility companies to effectively service the nation’s energy and power needs. Any breakdown in this process brings the potential for catastrophic failures in the nation’s infrastructure. We’re not talking about counting a few office supplies. Proper utility company asset tracking and management mean knowing what type of valves were placed in …

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4 Best Practices for Education Asset Tracking

We don’t often think of schools as being a particularly asset-heavy entity, but more and more, educational institutions are filling to the brim with pricey assets to better keep up with our ever-changing, technologically-driven world. Gone are the days of composition books and pencils lining the shelves of classrooms; it’s not uncommon to even see a …

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6 Best Practices for Healthcare Asset Tracking

Healthcare organizations rely on equipment, tools, and other assets to provide quality healthcare to patients. That includes more than just the medical equipment used in direct care, but also the computers and other assets that healthcare companies rely on to manage patient records, medical billing, and other processes that take place in the background. Effective …

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What is Asset Identification? Methods of Asset Identification, Best Practices, and More

Asset identification is an important process for organizations that manage a variety of fixed or movable assets, and it’s an essential component of an overall asset tracking system. Here’s a look at the methods of asset identification, best practices, and more. A Definition of Asset Identification Asset identification is a critical process for any business …

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3 Tips for Hospital Inventory Management: Implementing Asset Tracking Processes to Streamline Inventory Management

Hospitals often come under fire for inefficiently managing supplies and spending too much on inventory. As hospitals are forced to tighten their belts, materials managers, suppliers, and staff members are pressured to address inventory management; unfortunately, they often are told to do so in a time-consuming fashion involving manual processes that are inefficient and subject …

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5 Ways to Master Barcode Inventory Management: The Right Tools, Technology, and Training for Seamless Barcode Inventory Management Implementation

Every business that handles inventory requires an effective inventory management system, and barcodes have long been the foundation of the most effective, comprehensive, and reliable methods for managing inventory on a small or massive scale. Barcodes reduce the likelihood of human error, increase accuracy and efficiency, and help companies gain complete visibility into their stock …

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Best IoT Devices and Systems for Asset Tracking: 48 IoT Systems, Solutions, and Devices to Streamline Asset Management and Tracking

Industries of nearly every kind benefit from asset tracking not only because it prevents theft, loss, and damage, but because assets comprise such a large percentage of a company’s holdings that asset management is essential for meeting compliance and industry standard regulations. Asset tracking that delivers real-time data contributes to a healthy bottom line, and …

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Top Asset Management Training Programs & Courses: The 50 Best Resources for Mastering Asset Management Practices Online and Around the World

Fixed and physical assets comprise a large portion of a company’s holdings, and proper asset management and maintenance is critical to remaining compliant and meeting various industry standards. Companies also need to manage their assets to prevent loss, damage, and theft in order to maintain a healthy bottom line. Moreover, companies that employ asset management best …

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5 Ways to Use Asset Tags with Your Asset Tracking Software

Investing in asset tags is a great idea if your company deals with a large variety of physical assets. Bolstering asset visibility can lower overheads and save employees a lot of time. It also helps companies quickly pull up details, plan ahead for the future, and make well-informed decisions about procurement and maintenance. The worrying …

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