Print Email this link    Print Print

Well known electronics company upgrades its mission critical equipment to structural cataloging with SMART/ENCATS

SANTA MONICA, California (August 15, 2009) - AssetSmart has completed a turnkey project to upgrade a large set of mission critical equipment records to structured cataloging quality and consistency through its SMART/ENCATS Electronic Data Catalog Service.  The project was delivered in record time through use of ENCATS AUTOMATCH, a computerized matching algorithm that converts equipment records automatically from SMART/ENCAT’s massive data base of pre-cataloged commercial models of high technology measurement and computer equipment.  AUTOMATCH enables conversion and cleanup of customer records for as little as $2.00 an item, a fraction of the investment that would otherwise be required to (1) design, test, and implement a new catalog module, (2) create new catalog templates for each manufacturer, model, and standard noun category.  SMART/ENCATS represents an investment of some 50 Man Years, in order to bring this cost-effective solution to the customer.  A recent GAO Audit describes the problem of uncataloged assets:

GAO found that the lack of guidance on what should be included in the database descriptions of the equipment and facilities led to widely varying descriptions, which meant that reutilization opportunities could be missed.  For example, the same type of computer server equipment was described as a “disk array,” “disk drive unit,” and “storage array unit.”  Further hampering equipment reutilization is the Property Module’s lack of detailed equipment availability information.  GAO found that the module does not identify the extent to which each piece of equipment is in use, necessitating a potentially lengthy search process.  For example, an employee searching for an oscilloscope currently might have to contact up to 1,700 other employees to see whether this equipment is available.

AssetSmart Client Companies have reported up to $20 million in acquisition savings through use of structured cataloging and other disciplined equipment management processes.

About AssetSmart

Founded in 1971, AssetSmart (www.assetsmart.com) provides a comprehensive suite of integrated asset, test equipment, and material management solutions for aerospace, defense, electronics, communications, manufacturing, and government organizations. Assetsmart is offered by PMS Systems Corporation (CAGE Code 7M804, Veteran-owned Small Business) under GSA Schedule 70 Contract GS-35F-0298V. Assetsmart's headquarters located at 26707 Agoura Road, Suite 201 Calabasas, CA 91302, United States. For more information about assetsmart, please visit: www.assetsmart.com.

AssetSmart
(800) 755-3968