Define asset tracking and its role in business operations
Compare and contrast different asset tracking technologies
Identify the steps to implement a new tracking system
Explain the importance of data security and integrity
Describe how to maintain asset compliance with regulations
Are you tired of the "where is it?" guessing game that plagues many workplaces? Does the thought of lost equipment, unexpected downtime, and wasted time searching for tools make you cringe? In today's fast-paced business world, robust asset tracking isn't a luxury—it's a necessity. It’s the key to turning chaos into order and uncertainty into powerful insight.
This training will peel back the layers of this critical discipline, showing you how to gain unparalleled visibility into your organization's physical resources. You’ll learn how to move beyond manual inventories and leverage cutting-edge tools like barcodes, RFID, GPS, and dedicated software solutions. We'll explore why a structured approach is essential, from conducting an initial asset audit to standardizing your record-keeping and training your team.
You’ll also gain a deep understanding of how effective asset tracking impacts your bottom line, from reducing costly replacements and downtime to enabling proactive maintenance that extends the life of your equipment. Beyond the financial benefits, we'll delve into the vital role asset tracking plays in ensuring compliance with regulatory frameworks such as the ISO 55000 series for asset management systems, the Sarbanes-Oxley Act (SOX) for financial transparency, and HIPAA for securing medical equipment. The final part of the course will cover the critical importance of safeguarding your digital asset data, a cornerstone of business continuity in the modern age.
If your organization owns anything from delicate medical instruments and high-tech IT infrastructure to heavy machinery and company vehicles, this training will provide the roadmap to transform your asset management from a guessing game into a powerful competitive advantage.
This program is available with Spanish and French closed captions.
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team individually with testing
and recordkeeping capabilities.
The ISO 55000 series is a set of international standards for managing physical assets, providing a framework to optimize their value throughout their lifecycle.
Barcodes require a direct line of sight to be scanned one at a time, making them ideal for point-in-time tracking. RFID tags, however, use radio waves and can be scanned from a distance, allowing for simultaneous scanning of multiple items without a direct line of sight.
SOX is a U.S. federal law that mandates rigorous internal controls for publicly traded companies. Accurate asset records and tracking are crucial for financial transparency, auditing, and preventing fraud, which are key requirements of the act.
An EAM system is a software platform used to manage the entire lifecycle of an organization’s physical assets, from procurement to disposal. These systems help with maintenance, inventory, and resource allocation.
Data security, including access controls and encryption, prevents unauthorized access or tampering of valuable asset information. Backups and disaster recovery plans ensure that meticulous records can be restored quickly in the event of a system failure, cyberattack, or other unforeseen event.
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