8 Wastes of Hardware Asset Management

Asset managers know they need a hardware asset management overhaul, but they don’t know where to start or how to pinpoint the exact problems. They know they’re wasting time, money, and resources but trying to figure out how to fix it all feels like trying to eat a whole meal in one bite – impossible.

Asset managers need to understand their pain points and what is not working. This always leads to identifying how much is wasted with their current system. Between wasted time, money, and resources, asset managers are drowning and opening themselves up to some of the bigger issues like security and compliance breaches.

The 8 wastes according to lean-six sigma include:

• Bad Data
• Time
• Transportation
• Motion
• Overproduction
• Non-utilized talent
• Inventory
• Extra-processing

This white paper explores these issues in context to handling IT assets.