eQuip!: an Assetworks solution

How to Perform Root Cause Analysis for DCMA Audits

You received a Corrective Action Request, and you need to fix the non-compliance ASAP. Well, in order to fix a problem, you need to understand what’s causing it. Thus: you may need to conduct a Root Cause Analysis. Today, we’re going to explain: What a RCA is and what its purpose is Exactly how to […]

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How Inventory by Exception Can Accelerate Your Inventory Process

Organizational transparency and strong data collection is becoming increasingly necessary for businesses and organizations. Entities must manage their physical assets throughout their life-cycle in order to remain competitive and adhere to increasingly strict regulations. An important part of asset management is performing inventory. Inventory allows the organization to assess potential needs, gaps in business processes, […]

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Quick Guide: What is the GFP Module?

I’m going to talk about a new Government Furnished Property (GFP) system that will soon be vital to use. “Oh, great,” you think, “More systems to learn and changes to deal with.” I hear you. But just because you’re tired of learning new acronyms doesn’t mean you should ignore important changes to government property management. […]

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In Managing Physical Assets, It’s Not Just About Fixed Assets

Many organizations equate tracking physical assets with fixed asset management. So they track physical assets in their fixed asset management system. In their fixed asset management system, they: Record purchase prices, and funding sources Add barcode information and location information to assets Record depreciation However, there are two critical problems with that approach. Problem 1: […]

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