Key Takeaways: Asset identification boosts workflow visibility and leads to better equipment utilization and productivity. Labeling frequently stolen tools with unique IDs deters theft and increases the chances of recovery. Linking assets to maintenance logs and usage...
Safety inspections are fundamental to workplace safety. This is especially true in industries where hazards are present, as inspections help identify potential risks, enhance safety protocols, and ensure compliance with regulations. Take the following steps and ensure...
Key Takeaways: When an asset’s repairs exceed half the replacement cost, it’s best to replace it. Holding on to aging equipment too long increases repair risks, drives up costs, and drags down productivity. Asset’s condition and market factors guide your...
Key Takeaways: Maintenance logs are usually managed within a single spreadsheet or software system. Well-kept logs reduce unplanned equipment downtime. 60% of fleet managers still rely on spreadsheets and 52% on paper forms for maintenance tracking. Keeping...
Key Takeaways: Asset identification is the core strategy that sets the tone for successful asset management. Barcode and QR code labels offer a cost-effective way to identify assets and streamline inventory processes. Advanced RFID and GPS tracking systems enable...
