Manage the life cycle of your assets, improve asset utilization, and increase asset reliability and performance.
Asset tracking provides Asset Managers with online access to all assets across all store locations. Detailed asset information is easily accessible, including asset ID, description, type, manufacturer, model, serial number, etc. Individual asset values can be used to determine asset values per store or region. Up to date asset data and the status of the asset (active, inactive, in repair, missing) can be a valuable tool to improve asset utilization across stores. The complete history of every asset is captured in a detailed audit trail.
Keeping track of every warranty for every asset across all store locations can be daunting. Big Sky’s warranty tracking helps you manage individual assets warranties, warranty renewals, and ensures equipment repairs leverage warranty when appropriate.
When an asset is purchased or replaced, it generally includes a warranty. If this information is added to the asset tracking system, an alert is triggered when a problem related to the asset is reported from the store location. If the asset is under warranty, a zero dollar work order can be generated.
Warranty information is also used to issue alerts a week or two before the warranty expires. This provides the opportunity to have the asset inspected and address any issues prior to warranty expiration.
Preventative Maintenance information can be included in the asset record to allow the system to automatically generate work orders according to a preset schedule. The vendor, cost and service frequency are all used to generate the work orders, and when the work is complete, the next scheduled preventative maintenance date can be calculated and updated in the asset record. This automates the process to help ensure the asset is properly maintained.
Proactive preventative maintenance enhances the service life of assets by keeping track of scheduled maintenance inspections and jobs, including step-by-step instructions or checklists, lists of tools and materials required, and other details.
Cost of Ownership
Big Sky provides the tools to assist you in tracking asset costs, purchase price and maintenance thresholds. Reports provide information to perform real-time analysis and cost reporting on any asset or set of assets, which can reveal the true cost of asset ownership. Alerts are issued when the maintenance cost of an asset exceeds a percentage of the initial asset value. Calculating asset cost of ownership is important for budgeting and purchase planning. Analyzing trends and forecasts can help reduce asset related operating and emergency maintenance cost.
Life Cycle Management
Even well maintained assets will eventually need to be replaced. Insight into asset replacement information allows for proper budgeting and associated project planning. By including replacement dates in the asset records, reports can be created to identify which assets are nearing their end of life. Alerts are issued when a replacement is due. Asset repair costs also help determine asset replacement needs and capital expenditure planning.
Learn more about the benefits of using Big Sky.