Inventory Management of Employee Devices

What advantages does my company gain through digital inventory management?

Cost Savings

According to a Gartner study, companies that implement an IT-based inventory tool can reduce their asset costs by 30% in the first year and by 5-10% in subsequent years (Gartner Inc, CS-17-113: Using IT Asset Management to Ensure Software Compliance, Patricia Adams, July 29, 2002). Organizations with functioning IT Asset Management have 15% lower TCO (total cost of ownership). The biggest savings are in purchasing (160%), disposal (60%), and operations (44%).

Sustainability through Refurbishing of IT Hardware and Old Devices

Refurbishing is the restoration of used products to a technically and visually flawless condition, and it's a sensible practice because it offers both economic and ecological benefits. The production of a notebook (SSD) causes an average of 311 kg CO2e - for comparison: A mid-range petrol car emits about 25kg CO2 per 100 km (city traffic). If old and unused IT hardware is reintroduced into the economic cycle through refurbishing / IT remarketing, measurable CO2 emissions can be saved (https://www.oeko.de/fileadmin/oekodoc/Digitaler-CO2-Fussabdruck.pdf), electronic waste is reduced, and the lifespan of devices and hardware is extended.

Higher Employee Satisfaction and Productivity

In a study conducted by Nintex ("Definitive Guide to America's Most Broken Processes"), 62% of respondents report non-functional IT processes in their organization, with 43% citing the provision of IT hardware and technical devices for new employees as a top 2 "broken process" (https://info.nintex.com/rs/272-JVS-996/images/Nintex%20AMBP%20Ebook%20Final.pdf), which can lead to productivity losses and dissatisfied employees with negative consequences for the company.

Digital inventory management can lead to a variety of benefits that contribute to higher employee satisfaction and productivity:

Better Availability of Hardware and Devices

Through digital inventory management, companies can ensure that necessary hardware and devices such as laptops, mobile phones, tablets, etc. are always available to increase employee productivity. With a simple overview of existing inventory, bottlenecks can be quickly identified and resolved.

Faster and More Efficient Onboarding / Offboarding

When new employees can be quickly equipped with the necessary hardware, they can become productive faster. Through digital inventory management, the company can ensure that new employees are immediately equipped with the right hardware when they join the company. When an employee leaves the company, the inventory system can be used to ensure that all devices have been returned. This reduces the risk of data loss and unnecessary costs due to unexpected claims from companies.

Higher Employee Satisfaction and Productivity

When employees have access to the necessary devices, hardware, and software, they can do their jobs more effectively and feel valued in their jobs. This leads to higher employee satisfaction and a better working environment.