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Onsite Inventory Service - Ensuring Asset Accuracy

Plant, Property and Equipment is usually the largest line item on most manufacturers’ balance sheets—sometimes representing billions of dollars. Despite the significance of these investments, many companies neglect proper tracking of these assets.

According to a leading research and advisory company, 70% of organizations have a 30% discrepancy between their asset register and the actual inventory. These inaccuracies can lead to inadequate decisions, including purchasing unneeded assets, incurring unnecessary storage and maintenance fees, and paying taxes on assets you do not own. EquipNet’s Onsite Inventory Service provides clients with an efficient solution to ensure asset accuracy.

How It Works

With EquipNet’s Onsite Inventory Service, our Equipment Specialists help clients with improving the visibility and accuracy of your current inventory list. Our Specialists go onsite to all of the client’s requested facilities, and create a physical inventory list for each site and building. Two worksheets are created – one showing the original asset list from the client and the second states any assets not found on the client’s current list.

EquipNet makes every effort to avoid the duplication of assets when equipment lacks unique identifiers; however, there are cases where this is not possible without EquipNet tagging the item with an identifier.

onsite inventory
onsite inventory

 

EquipNet Populates the Following in a Template:

  • Site
  • Building
  • System
  • Asset Description
  • Manufacturer
  • Model Number
  • SAP Asset ID
  • Inventory Number
  • Manufacturer Name Plate
  • Serial Number
  • Type
  • Sub-Type
  • Connect to a PC
  • PC Serial Number
  • PC Make
  • PC Model
  • Asset Tags
  • Any additional information requested

 

“Very efficient company. Great communication and a pleasure to do business with.”

Michael Foley – Elementec Ltd.

Interested in our Onsite Inventory Service?

Contact Us Today

Services

EquipNet’s expert Appraisal and Valuations team will help with asset inventory for tax purposes, facility closures, mergers and acquisitions.

EquipNet's Asset Redeployment Management System allows clients to proactively identify, track, redeploy, and sell inactive machinery.

EquipNet is the world leading auctioneer for lab instrumentation and manufacturing equipment. We provide global online auctions, live auctions, and sealed bid auctions.

Secure yesterday’s data while protecting tomorrow’s environment when dealing with surplus computers, servers, laptops, phones, and other technology assets.

EquipNet Consignment Services ensure that your industrial machinery and instrumentation are organized, secure and showcased in one of our global facilities.

Our knowledgeable staff can handle every aspect of your laboratory relocation, providing the fastest, most cost-efficient relocation service available.

Own It Now allows users to purchase equipment with the click of a button. As the time ticks down, so does the price.

EquipNet's MarketPlace is the world's largest online venue for surplus process, packaging, laboratory, and analytical equipment.

EquipNet has designed our Procurement Program to allow companies to benefit from 25% to 75% savings off the cost of new lab instrumentation and production equipment.

EquipNet’s Project Managers, work hand-in-hand with our clients to achieve goals and deadlines before, during and after a project's lifespan.

EquipNet helps global manufacturers manage and sell the surplus equipment left over from a facility closure allowing you to recoup a significant portion of your investment.

EquipNet Worldwide Logistics can protect expensive equipment, reduce shipping costs, and allow your company to focus on its core competencies.
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