Saturday, December 1, 2012

All Companies Should Have an Efficient Asset Management System

By Todd Domingo


Is your company utilizing a good asset management system?If your company is manually tracking its assets, then these assets are not being used to their fullest potential.A company needs assets in order to stay in business.This is true for both service and product based companies.

In order to be profitable the majority of companies must use both intangible and physical products.For instance, consider the kinds of products that would need to be in inventoried for an office supplied company.The first thing that you might be concerned about is how to inventory all of the products that are carried in the store.This inventory list would probably include things such as office furniture, chairs, computers, paper products, pens and any other popular office products.

But this is just a listing for one store.Think about all of the other stores that this company owns.In addition to the stores that sell products, consider the corporate office that also has items that need to be inventoried and tracked.The corporate office will have departments such as advertising, accounting, engineering, customer service and human resources.Each employee is going to need a computer, phones, pens, binders, calculators and other items as well.

But, depending on the pay grade and level of expertise, not all employees are going to get the same type of computer.Some will need computers that have software that is not utilized by the whole company.This means additional assets that will need to be tracked.If this wasn't a big enough mess, some employees will need both desktop and laptop computers with various software packages and cell phones, based upon their job titles.

This is going to be a lot of assets to keep track of.How will this be achieved?There is something that should be considered.A big company such as this will fall flat on its face if it tracks its assets manually.It carries product lines that are in many different colors, sizes and shapes.In addition, you also have to account for the assets that the employees are using.

If it does not purchase the right kind of asset management system, this company will have a lot of missing or stolen products.Remember that without a good asset management system, the company cannot make good business decisions.For example, the company must see which assets are selling so that it can invest in more assets to sell.It also needs to know which products are being stolen.However, without the right asset management system, this cannot be done.

manage engine has wonderful asset management software that can help your company succeed.

manageengine has asset management software that can make it easier to inventory and track your company's assets. Besides, an asset management system will cut down on confusion, save labor time, reduce costs and get things done more efficiently.In conclusion, never track company assets manually, when there is quality asset management software that can handle the job for you.




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