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Asset Optimization

What's the Business Impact of Higher Equipment Utilization?

Don’t just track your assets, fully utilize them. Companies using these asset management best practices can save up to 25% on annual test equipment costs. How? Our utilization metrics help you forecast future testing needs―increasing equipment sharing, disposing of and consigning unused equipment, and leveraging strategic renting. The fundamental prerequisite for success requires a deep understanding of your current equipment utilization. Our real-time automated tools help you do exactly that.

Asset Tracking + Asset Utilization = The Electro Rent Total Asset Advantage

Effectively managing test equipment is a science. Merely tracking your equipment alone is insufficient. Our equipment management solutions help customers precisely measure test asset utilization.

Our utilization metrics help you forecast future testing needs―increasing equipment sharing, disposing and consigning unused equipment, and leveraging strategic renting. The fundamental prerequisite for success requires a deep understanding of your current equipment utilization. Our real-time automated tools help you do exactly that.

Knowledge of actual utilization metrics allows companies to reduce the amount of equipment in inventory. Real-time utilization tools enable organizations to better forecast testing needs, thus lowering both CapEx and OpEx spending on test equipment. Our proprietary tools and solutions make it easy for companies to dispose of and/or consign equipment at the right time in the product lifecycle to maximize capital recovery.

Accurate Measurement Tools

Our proprietary software system continuously monitors equipment utilization―feeding timely dashboards that help users make more informed acquisition, management, and disposal decisions. A combination of intended utilization and actual utilization measurements provides critical, forward-looking insights to help you forecast testing shortfalls. Insights also support more efficient asset sharing, strategic renting, and buy/rent/new/used equipment decisions.

Locate. Track. Utilize. Save.

Want to move toward full utilization and better ROI? To learn how you can track and monitor your equipment 24/7, contact one of our asset management experts today.

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