Overview
Assets, whether IT or non- IT, play a pivotal role in every successful business activity. Effective asset management is critical to your business.
- A good asset management and tracking software aids in decreasing capital expenses, increasing productivity and can enhance customer service.
- Orion helps you with management and tracking of contractual and financial data associated with the assets in your environment throughout their lifecycle – from receiving through disposal.
- Orion empowers you with a firm understanding of how your assets are being used, to help identify cost savings, fulfill compliance initiatives, and justify business decisions
Process
Verification, Discovery, Tagging – Methodology
- Verification is undertaken for a base list provided by the client. The list serves as a starting point; new assets discovered are added to the list.
- Client deputes a person to accompany the verification team; his primary role is to distinguish between company owned assets and hired/leased assets.
- Location, quantity, product specs and condition of assets is noted. Any assets not in use or not in proper working condition or found short in quantity are reported.
- For each location covered, a detailed statement is prepared and submitted to the management for sign-off.
- For the list of assets approved by the management bar-codes are generated and pasted on the respective assets. Alternatively, RFID tags can also be generated for all/some of the assets.
System Features
- Vendor management
- Asset entry and modification
- Historical reporting of asset allocation /re-allocation / movement
- AMC, Warranty, Insurance, Allocation Expiry Alerts
- Maintenance scheduling and asset ownership cost tracking
- Real-time tracking of Mobile Asset movement
- Regulatory and statutory reporting
Associated Hardware
Using state-of-the-art RFID or Barcode technology, we offer accurate tracking.
- Orion mobile enables reliable and quick audits on the go using mobile handheld terminals.
- Location based asset management and tracking is made feasible, with the ability to capture and re-deploy assets.
- RFID can also help real time tracking and update of asset movement and user information.
Motorola MC2100 SeriesDownload Datasheet
Motorola MC3100 SeriesDownload Datasheet
Sato Label Printer – CG4 SeriesDownload Datasheet
Orion vs Spreadsheets
Most organizations use Excel sheets and/or spreadsheets for asset management and tracking. Whilst spreadsheets seem Cost Effective and Easy to use, the disadvantages far outweigh the benefits.
- Constant struggle to manage assets.
- Poor accountability and traceability of their asset base.
- Mismanagement of insurance premiums, poor visibility of expiry dates.
- Time consuming and mundane physical audits.
- Consequent lower productivity of admin and finance teams.
Orion simplifies asset management through comprehensive reports correlating service agreements with actual inventory, contact and location information in addition to costs. Built-in notification policies help avoid costly penalties by automatically notifying the responsible personnel about expiring warranties, maintenance contracts and payments that maybe due. Integration with Barcode/RFID based inventory solution enables reliable and quick audits.