Establish inventory of existing assets (asset census)
Evaluate existing asset tags and tracking technology and recommend state-of-the-art tracking technology (RFID etc.).
Determine other sources of asset data, such as databases, spreadsheets, registry books and the like.
Configure Asset Management Software according to the asset data fields, components and component asset data fields, warranty information, maintenance information, technical specification of the asset, insurance information, inspection/calibration data, maintenance cycles and results and the like.
Implement the most effective and lowest cost tracking technology(s) for management of assets, such as bar coding, UHF RFID, Active RFID, Bluetooth, WiFi, UWB RFID, LoRa RFID, GSM and/or GPS.
Integrate security technologies if and as needed for transfer of custody and areas of travel of assets, such as restricted areas or facility exits, including alarms/flashing lights, email / SMS alerts and the like.
Establish database registry of all assets and all parameters of all assets.
Tag assets with tag-types and technology of choice and based on required detection performance.
Generate comprehensive reports and reporting of all aspects of assets, asset locations and asset statuses.
Financial management and reporting including costs, depreciation, currency, tax and regulatory requirements, by country, including valuations and final dispositions