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What Are The Four Phases Of The Equipment Life Cycle?
There are four phases of an equipment life cycle, but it’s not clear what they are or why equipment tracking can improve the life cycle. Read this article to find out!
What Is Asset Identification? A Guide to Tracking Your Assets
Learn about asset identification and how it streamlines asset tracking, improves inventory management, and ensures operational efficiency. Read more in our blog.
Implementing An Effective Equipment Replacement Plan
Need to replace equipment after using pre-emptive maintenance? implementing an equipment replacement plan helps. Read this article to find out how to make a plan!
Top QR Code Alternative Solutions for Asset Tracking
Discover the best QR code alternative solutions for efficient asset tracking. Learn how itemit’s innovative technology enhances tracking management.
Fixed Assets vs. Current Assets: Understanding the Key Differences
Discover the key differences between fixed and current assets and understand their impact on financial health. Read our guide for better asset management!
Why Asset Verification is Essential for Accurate Tracking
Why asset verification is key to precise asset tracking. Learn best practices for ensuring asset accuracy, security, and streamlined management. Read article.
The Ultimate Guide to Asset Management Compliance Standards
Learn asset management compliance standards, regulations, and best practices to keep your business compliant and safeguard assets effectively. Read more here.
Asset Disposition Explained: From Valuation to Final Disposal
Learn the essentials of asset disposition, from accurate valuation methods to final disposal strategies. Streamline your asset management process.
Hardware Procurement Strategies for Effective Asset Management
One of the main tasks for every developing business is effective asset management. Without any system, equipment or IT resources, valuable assets become lost or disorganised. Only an efficient asset-tracking system can save companies from such nagging hassles.
Choosing the Right Indoor Asset Tracking System
From demand created within the health sector to manufacturing, efficiency demands in indoor asset tracking go up. In business, companies want to track their valuable machinery, equipment, and other assorted assets, which are also in constant motion through indoor environments via complicated routes. Indoor asset tracking presents challenges different from those of the outdoor variety, which could employ GPS and other wide-capability technologies.
Benefits of Implementing Automated Inventory Management Systems
Inventory management is always tough to manage, especially for growing businesses. In the case of businesses still using some spreadsheet approaches or even more outmoded manual approaches, they certainly miss out on big opportunities by not saving time and cost.
Inventory vs Supplies: Key Differences & Tracking Tips
The various types of assets employed by the business can be challenging to manage, especially when trying to classify supplies vs inventory. These two play different roles in an enterprise, and their correct differentiation is very relevant in proper management and financial reporting. In this article, we shall look at the critical differences between supplies and inventory, examine in greater detail how they are accounted for, and highlight best practices to apply in their management. By the end, you should have a better idea of how to track and optimize supplies and inventory for the smooth running of business.
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