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  • INDUSTRY
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Asset Life Cycle: The Ultimate Guide

Asset Life Cycle: The Ultimate Guide

by todd | Apr 1, 2025 | 1-Tool & Equipment Asset Tracking

Key Takeaways: Proper acquisition balances cost and quality for long-term value. Preventive maintenance cuts emergency repair costs by 3–10 times. Disposal planning at purchase improves sustainability and reduces waste. Asset tracking software improves visibility,...
Guide to Renting vs Owning Equipment

Guide to Renting vs Owning Equipment

by todd | Aug 10, 2021 | 1-Tool & Equipment Asset Tracking

To rent or to own, that is the question! When working with equipment, it’s always tricky to decide whether to invest in purchasing assets or opt for renting. Clearly, both options have their pros and cons, or you wouldn’t be reading this.  This article will delve...
10 Asset Management Metrics to Know

10 Asset Management Metrics to Know

by Davor | Mar 25, 2021 | 1-Tool & Equipment Asset Tracking

Asset management is a vital part of any business that relies on equipment or assets to complete its operations every day. If your team is to make data-backed decisions that benefit your business, they must track key metrics and identify the major issues in your...
How to Increase Productivity with Asset Management

How to Increase Productivity with Asset Management

by Davor | Dec 4, 2020 | 1-Tool & Equipment Asset Tracking

There are many benefits to asset management, including increased organization, the ability to make well-informed decisions, and better employee accountability.  One important, yet often overlooked, aspect of asset management is how much it can increase...
6 Types of Asset Management Explained

6 Types of Asset Management Explained

by todd | Nov 20, 2020 | 1-Tool & Equipment Asset Tracking, Featured

Managing your organization’s assets, no matter what type, unlocks efficiency and greater accountability. Learning about various types of asset management will help you gather information about the best system for your business and reach a well-versed decision. ...
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