How to Drive Your Unique Value Proposition
Identify and Protect your High Value Assets
Creating and providing customer value is at the center of every successful company. This value can take many forms, including; specialized service offerings, unique product features, broad product catalogs, efficient delivery or support models, etc. Identifying and protecting the high value assets that enable you to create and consistently deliver your unique worth requires intentional effort and diligence.
High-value assets (HVA) are more than just the most valuable line items your balance sheet. Beyond their monetary value, companies need to consider the impact that enterprise-wide HVAs have across the entire organization. For example, medical equipment may be valued at $2,000 on a balance sheet, yet if that equipment cannot be located in a hospital, it could mean the difference between the life and death of a patient. In a manufacturing or distribution center, missing or broken equipment means lost revenue and disappointed customers.
Your high value assets most likely include one or more of the following:
- Physical equipment
- Intellectual property
When your HVAs include physical equipment (fork lifts, computers, manufacturing equipment, etc.) it is essential to have complete visibility to their location, maintenance schedule, depreciation schedule, and so forth. Fortunately, there are several companies that provide applications to monitor the complete life cycle of such assets. One of those companies is IntelliTrack—they offer a complete asset life cycle management solution that can be configured to track almost any asset.
The high-level features include:
- Cloud hosted: no software to install or maintain
- Highly configurable: create and track almost any asset and its unique properties
- Process check-in and out: complete tracking of users per asset
- Reservation support: schedule asset utilization in advance
- Maintenance and calibration support: ensure assets are being correctly maintained
- Complete asset visibility: Serial, warranty, and depreciation tracking
To ensure that you are protecting your high value assets, contact us today.