Hardcat, a vendor of systems for fixed-asset management, has developed a program to help medium to large logistics organizations cope with the economic downturn. The company's Asset Lifecycle Program allows various assets, from office equipment and company vehicles to machinery, to be managed and better utilized throughout the lifecycle process. A configurable Web-based asset-tracking system gives users the ability to locate and redeploy existing assets to where they are needed most. As a result, Hardcat claimed, companies can reduce the purchase of unnecessary assets, cut asset downtime and boost productivity. Even a relatively small organization of fewer than 25 employees with 500 assets can save more than $30,000 a year with the tool, according to Hardcat. The vendor's resources for identifying and tracking assets rely on a combination of best-of-breed barcode and radio frequency identification technology. Asset information is recorded via handheld readers, with a pre-programmed interrogation system enabling the system user to collate data in an organized format.
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