Life Cycle Asset Management

Knight IT Life Cycle Asset Management

Knight IT Group’s Life Cycle Asset Management service follows your devices from its initial procurement/registry right the way through to offering residual value for products that still hold monetary cost. From our minimum standard of following the WEEE (Waste Electrical and Electronic Equipment) directive, through to BLANCCO data destruction, we have a solution for your business’ requirements.

By using Knight IT Group for your Life Cycle Asset Managements you will:

- Receive up to date information on the total cost of your ownership of an asset
- Be able to trace all required assets to increase accountability
- Have a point of reference for all asset management activities against industry best practices
- Be able to manage all the information in one place to make timely decisions about assets in order to assess risk, cost, and benefit of your assets over their life cycles

Key stages of our procedures and reporting include:

- Acquisition – import data from the procurement system or input data from purchase orders, use built in workflow to support the required procedures to record the receiving of assets and any discrepancies in shipment

- Implementation and assignment – record the check- in and check-out of assets, manage assets by site, by location, by project, by contract, and by people, manage inventories, produce required reports for asset transfer such as DD 1149, maintain a comprehensive user audit trail, automatically generate work orders for asset moves

- Reporting – create dashboard reports based on the organisational objectives, create customised reports to support routine audit and management review purposes, monitor unusual events, generate event based email alerts, create dynamic messaging to alert relevant stake holders

- Maintenance – create tasks to support routine maintenance planning, schedule resources, track maintenance costs and parts

- Disposal– keep track of retired assets, options for attaching reports on recycled assets to the asset records, built in depreciation calculator will support the analysis of reuse vs. scrape, buy vs. refurbish decisions

To find out further information on our Life Cycle Asset Management and buy back services, contact your Account Manager today.

New to Knight IT Group? Click here to request a call back from one of our Account Managers today