Success Story: Asset Management Case Study
SITUATION
A national leading provider of pharmaceutical care to seniors, had experienced rapid growth over the last five years due partially to merger and acquisitions. As a result of this growth, they had a number of facilities operating within overlapping geographic area, as well as technology assets that consist of a range of hardware platforms. In these geographic areas there has been consolidation of facilities by opening and closing selected sites. These consolidations created both a demand on capital expenses as well as an abundance of out of service equipment.
SOLUTION
IQ Telcom’s Corporate Hardware Asset Management Program has provided site managers a vehicle to store de-installed assets in an organized manner in which inventories are maintained and refurbishing or repair options are readily available for a variety of hardware platforms. De-installed hardware can be re-deployed as either replacement component or complete system replacement to sites with similar hardware platforms, while minimal costs are accurately allocated to the appropriate corporate cost centers.
RESULT
This pharmaceutical provider has been able to re-deploy complete systems into consolidated facilities with virtually little or no immediate capital investment. In addition to transitioning sites with a cost avoidance of up to 70%, this move has enabled an extended life of current TDM technology while long term strategies can be developed for the organizations future technology investments.
In Canoga Park, CA this has resulted in savings over $70,000.00 on the installation of a telephone system to support the consolidation of three facilities into a single operation.
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