Challenges in Implementing the Enterprise Asset Management System

Enterprise Asset Management probably is the least appreciated function. However, if the function is managed well, it can not only improve operations and reduce risks, it can also be a source of competitive advantages. Implementing the Enterprise Asset Management business system has its unique challenges:

Protect Intellectual Property by improving Asset Management Processes

Every year, manufacturers lost hundreds of billions of dollars in potential revenue because of the “leaks” in intellectual property. What steps can they take in the end to end process of managing physical assets (i.e. product samples) to reduce the risk?

Government Property Management

Spreadsheets or ERP systems — inadequate for Managing Government Property — GFP and CAP

FAR requires 10 outcomes from managing Government Property. Why spreadsheets or ERP systems can’t adequately support those 10 outcomes? Check out this detailed white paper analyzing why:

Prepare for Self-Certification of the Government Property Management System

This article, written by Jackie Luo, CEO of E-ISG Asset Intelligence, was published in the Oct’2014 issue of ContractManagement magazine (a publication from the NCMA). It provides some basic information about the FAR/DFARS requirements on Government Property Management system, some best practices and common challenges.

4 Things Contract Managers Must Know About Managing GFP

Do you manage Federal government contracts and programs? Are you perplexed about how the changing rules of FAR/DFARs around managing GFP is going to impact the costs of the contracts? Do you want to make sure you have all the facts and analysis before submitting the response to an RFP?

Requirements for Selecting Government Property Management Software

It provides the key requirements in standard functionality, quality of the software system design, and other purchase related considerations, specific to government contractors with the goal of meeting FAR/DFAR requirements.

Individual Unique Identification (IUID) Functionality in eQuip! Government Property Management Software

eQuip! Government Propety Management Software has built in steps to generate IUID tags, print them, and submit the information to the IUID Registry. All Department of Defense contractors who manages Government Furnished Property are required to apply IUID information on these Government Property. See how eQuip! makes these steps easier.

Prepare for Self-Certification of the Government Property Management System

This article, written by Jackie Luo, CEO of E-ISG Asset Intelligence, was published in the Oct’2014 issue of ContractManagement magazine (a publication from the NCMA). It provides some basic information about the FAR/DFARS requirements on Government Property Management system, some best practices and common challenges.

3 Key Challenges in Equipment Management for Federal Grantees

“A control system must be developed to ensure adequate safeguards to prevent loss, damage, or theft of the property. Any loss, damage, or theft must be investigated.” – §200.313 Equipment Management of 2 CFR 200, Uniform Guidance (Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards)

Key Technologies for Enterprise Asset Management Systems

Key Criteria for Choosing an Enterprise Asset Management System

Enterprise Asset Management system should be the platform that brings the financial and operational information of equipment and other enterprise assets into one place, to support businesses and government agencies to make the best decision in managing their assets. In order for the EAM system to be that platform, it needs to meet certain technical requirements.

Requirements for Selecting Enterprise Asset Management Software

This follow on white paper to “Key Criteria for Choosing an Enterprise Asset Management System” will provide guidance to businesses and organizations that are in the process of selecting an enterprise asset management system. It provides the key requirements in standard functionality, quality of the software system design, and other purchase related considerations.

Choose COTS or Build Your Own

This white paper was developed after encountering these questions many times. We developed the framework for study and some key questions for the organizations to use, in order for them to assess the costs and benefits of “buy vs. build”.

IT Asset Management System

How Do You Choose the Right IT Asset Management Solution?

There are many IT asset management solutions out there. They cover a wide breadth of functionality. Some can be integrated with existing solutions, some only connect with proprietary modules. The costs also range wide. So if you want additional tools to manage your IT assets, where should you begin the research?

Connecting IT Asset Discovery tools to IT Asset Management system

IT Asset Discovery is an important part of IT Asset Management. At least 30% of IT assets are not on the asset registry. So connecting these tools, such as SCCM and Lansweeper, with IT Asset Management systems can support IT asset management.

Key Requirements for Implementing the IT Asset Management Disciplines

IT assets are becoming a critical component to an organization’s asset base. They are required to perform 24/7, they are subject to constant technology upgrade, and they are subject to new requirement for asset disposal rules (e.g. recycling). In selecting an IT asset management tool, an organization needs to make sure the tool will support the lifecycle management of the IT assets, while streamline the business process.

Why the Development of RFID Technology Has Made Asset Management More Urgent?

The RFID technology has been improving steadily as a niche technology since its inception. However, during the past few years, the development of the RFID technology has accelerated. The accumulated innovation has brought expanded selection of products and services, which in turn have been driving new applications and deepening the penetration of existing applications. There are key development in both the RFID tags and readers. Consequently, using RFID tags to track and manage assets is much cheaper and efficient.

System Requirements for Transit Asset Management Plan

Effective on Oct. 1, 2016, Federal Transit Administration requires transit agencies to establish Transit Asset Management plan. What are the specific requirements and how to select a system to meet these requirements?