Maintain Total Asset Visibility in the Age of Reduced Budgets
The Federal Government may have just dodged a bullet by passing the painfully negotiated U.S. budget legislation. While President Barack Obama averted the prospect of the first default in the 224-year history of the United States, the economy remains weak. What does this mean for emergency management organizations that rely on Federal grants to subsidize their operations? It means that we will continue, as we have been, to live in the age of reduced budgets.
While there is a reduction in the money available to first responders, there is certainly no reduction in the need for emergency management organizations and their services. Consequently, in the face of increased demands and reduced budgets, property managers must develop new strategies to maximize the value of their current assets.
Property managers must develop total asset visibility to maximize value and usage. What is total asset visibility, you ask? Total asset visibility means complete accountability and control over your organization’s most vital assets. It means being able to harness real-time asset data to make informed purchasing decisions. Total asset visibility implies an awareness and understanding of what your organization has and how you plan to use it.
Not surprisingly, asset visibility begins with a successful audit. While everyone knows audits are a stipulation of grant awards, they also play a key role in assessing your organization’s ability to prepare for and respond to incidents and disasters, regardless of your budget. Maintaining total asset visibility by revealing your organization’s ability to document and deploy vital assets also helps organizations to:
- Increase maximum situational awareness allowing property managers to adapt to any situation by increasing your organization’s ability to locate, track and communicate with your assets
- Reconcile incident and property management allowing property managers to track equipment use without accessing incident management software
- Design and implement a property management plan that will provide complete control over your assets and their bottom line costs
- Centralize your asset database and standardize asset inventory to increase reliability and reduce costs spent on redundant activities
- Monitor your vehicle fleets’ fuel consumption allowing you to save money through bulk fuel purchases.