RedBeam Articles
How to Calculate and Improve Asset Utilization
Dec 6, 2023 · 5 minute read
Your assets are expensive. So it’s no surprise you want the greatest possible return on them. But how do you guarantee that? You could underutilize assets, extending their life and lowering ...
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From Acquisition to Retirement: Understanding the Equipment Lifecycle
Nov 29, 2023 · 4 minute read
In pursuing innovation, businesses often find themselves trapped in a paradox. They invest in cutting-edge equipment, only to see it become outdated. This paradox raises a crucial question. Can you ...
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7 Asset Optimization Best Practices (Quick-Start Guide)
Nov 22, 2023 · 6 minute read
Losing track of expensive equipment can be a company’s worst nightmare. Improperly managed assets can be a headache for management and lead to significant losses. Keeping valuable assets in storage ...
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Best Practices for IT Lifecycle Management
Nov 15, 2023 · 5 minute read
Information technology, or IT, is central to 21st-century business practices. While previously IT was a mere addition to corporate processes, it is now one of the primary vehicles driving modern ...
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The Dos and Don’ts of IT Asset Management: Best Practices for Efficiency and Savings
Nov 8, 2023 · 4 minute read
Picture an organization with scattered IT assets and no centralized tracking system. They overspend, miss critical updates, and face security risks. Poor IT asset management (ITAM) causes wasted ...
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A Guide to Technology Lifecycle Management
Oct 25, 2023 · 6 minute read
You're constantly looking for ways to innovate and grow your business using technology, and you're not alone. Technology is advancing rapidly, and innovative organizations are hopping on the moving ...
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Nonprofit Asset Management Software: Keep Track of Your Assets with Ease
Oct 18, 2023 · 5 minute read
Do you know where every fixed asset in your organization is right now? Do you know what is in which location, which volunteer has brought what home, and when the asset is coming back?
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Oct 11, 2023 · 5 minute read
Keeping track of physical assets can be a challenging task. Enter asset monitoring — a powerful solution that leverages technology to provide real-time visibility, condition assessment, and insights ...
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Inventory Asset Management: Asset and Inventory Management Compared
Oct 4, 2023 · 6 minute read
If you’re struggling to minimize inventory carrying costs or don’t have full control over your most important assets, you need a new approach to inventory and asset management.
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Physical Asset Management: Strategies and Best Practices
Sep 27, 2023 · 5 minute read
Physical asset management has gone through a massive evolution recently, with digital transformation and global disruption fueling the need for innovation.
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How to Use QR Code Tracking for Fixed Assets
Sep 20, 2023 · 5 minute read
QR codes were invented by a Japanese automotive manufacturer in 1994 to label car components. The contact-free technology, however, became much more popular during the COVID-19 pandemic. Today, it’s ...
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9 Business Benefits of Equipment Asset Management
Sep 13, 2023 · 5 minute read
Every tool, piece of equipment, or item your business purchases is an investment. You buy equipment because of the returns it provides. Equipment asset management is also an investment — one that ...
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Are RFID Asset Tags Right for Your Business?
Sep 6, 2023 · 5 minute read
While most of us are familiar with barcodes (we encounter them at grocery stores and retailers), consumers are less acquainted with radio frequency identification (RFID) tags.
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Cloud Asset Management: What It Is and Why You Should Care
Aug 30, 2023 · 5 minute read
In an age where "it's in the cloud" is as commonplace as the air we breathe, it's evident that asset management has undergone a radical transformation. The days of pens, paper, and ledgers — or even ...
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What Is an Asset Life Cycle? 5 Stages & Best Practices
Aug 23, 2023 · 6 minute read
Your assets won’t live forever. They’ll serve their purpose, but they’ll eventually need to be replaced.
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