Identify and track

To manage your assets you need to be able to identify them individually. Identification of assets should be an easy process for the untrained eye. While many assets have serial numbers they are often difficult to access and read. Loc8 supports a wide range of bar codes, RFID and microdots being the most effective method of tagging assets for visual identification.

 Assign assets ... and communicate

The responsibility to manage assets is often a distributed function in organisations with individuals and managers being assigned the responsibility of ensuring assets are fully utilised and are maintained in good working order. Ensure you give your key people access to asset information so they know what assets they are responsible for and what is expected of them. Loc8 can provide your staff with critical and secure information at the click of a button.

 Policy and procedures

While we would love to tell you that the software will be a 'silver bullet' guaranteeing that your assets will be totally managed and maintained, unfortunately this is not the case. Loc8 provides the structure, controls, system processes and flexibility to help you manage assets and take some of the human risk out of asset management. Ultimately people are responsible therefore it is critical to document and communicate asset related policies and procedures.

 Knowledge is power

You need to know the basics...where your assets are, how they are being used, who they are assigned to, what their maintenance status is and when they should be replaced. Once you have this information it must be communicated throughout your business. Loc8 can automate your asset reporting, improve governance practices and drive asset management as a discipline. This will reduce costs, streamline processes and improve profitability.