News Letters

The Value of Experience

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Sometime back I wrote about the value of experience when it comes to projects of any nature. My company, Centennial Associates, Inc. offers a rather unique service, bar code inventory services as well as the software and hardware required on the part of a customer. Over the years our experienced team has become an oiled machine. When we arrive on a new project, the team gathers in a pre-determined work space, we review the scope of the project, acquaint ourselves with the facility and facility drawings. Responsibilities are divided amongst the team members before they set out to begin an inventory, always with a predetermined plan. The BarIScan® process Centennial uses is a well designed program in the methods of data collection for all types of company assets.

It is our goal to always look for ways to improve on the process as required for the customers benefit. This assures us that we produce the highest quality data for our customers’ database. Many improvements to our process have been discussed and implemented as a result. Team members are self-directed and enjoy what they do. There is a sense of accomplishment as each project is completed.

One of the major changes brought about by team “brainstorming” was the digitizing of a major customers “equipment catalog” that over the years had grown to more than 4,000 items. For this customer, the team now works with netbook computers containing the catalog and has resulted in the reduction of man-hours and eliminated long work days to complete the tagging project in each of their store locations on schedule.

Consider this experienced team when thinking about a fixed or capital asset inventory for your company. We help companies “get their ducks in a row”, it’s just not our tag line it’s what we do. Call 585-671-0544 for a free consultation and quote. www.centennialassociates.com

A Simple Thank You, Good Job

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It has been a number of years since I have had the responsibility for a building, it’s Divisions, Departments and people within as a facility manager. After leaving the Big Yellow Box, my career went in a little different direction as someone to assist fellow FM’s with various projects when their workload became overwhelming. I have had the pleasure of coordinating a number of office moves from the design/space planning, through the build out and the physical relocation. I have been fortunate to bring together strong teams of resources required for each project; this has always resulted in the positive completion of our projects.

I recently read an article on performance management and remembered how important that it has been to the success of every project. Performance management has always been important to me as a way to say thank you for your help making the project a success from the tradesmen, the vendors to the janitorial services putting the sparkle on the finished product.

I recall, in one particular project, with the big yellow box, the renovation of the restrooms in a 1930’s constructed building. Upon completion, I held a luncheon grand opening completed with buffet and champagne (non-alcohol of course) for everyone in the building, upper management on down. During the formalpresentation acknowledged everyone connected with the successful completion. I wore my black suit and black tie that day. Everyone had fun touring the facilities, a free lunch, even management enjoyed. It was a good use of a lunch hour to say thanks for a great job.

This spirit has carried with me to this day, after most all Centennial’s inventory projects there is a celebration of some sort whether it be a nice dinner out or a celebration in a hotel room with the team. People like to know they and their efforts are appreciated. What’s a simple thank you and the words, good job cost?

Everyone supports being “green”

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Everyone supports being “green” today and exert much effort to assure that corporate policies reflect decisions to that effect. We have green products, green buildings, green parking areas designed to control runoff and create landscapes of wildflowers unto a beauty of their own. And so on.
One area often overlooked is a company’s large amounts of inventory of unused and underutilized assets. Steps need to be taken to determine what assets can be refurbished, repaired, replaced or recycled. It takes a hand’s on approach to accomplish, someone has to get in there and make those decisions. Much of what is found could be considered “junk” and disposed of in a green manner. Working with a recycler in your area you may be able to actually return dollars to the bottom line for metal. In one case, we negotiated a price with a recycler for mixed scrape and returned better than $6,000.00 to our customer.
Generally found are a number of good usable assets truly no longer needed by the company, these assets are available for sale and generate additional income. Perhaps consider a charitable contribution to an organization for a tax write off. Many of the assets you may want to redistribute internally, there you have the greatest corporate savings opportunity through cost avoidance. Why buy new when you already own. The first year savings produced can be as little as 10% to as high as 30% of the annual expense and capital costs budgets.
To accomplish for your company, a process is available through Centennial Associates, Inc. to manage such a project. A few minutes of your time is required to review what we do to “help get your ducks in a row”. For a free consultation call 585-671-0544.

The Economic Impact of Asset Tracking

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You can’t turn on the news these days without hearing about how the economy is affecting one thing or another. I would like to take a radical glass is half full approach and look at how today’s economy could potentially have a positive impact on something – asset tracking. We all know budgets are tight and a lot of new equipment purchases are being delayed. Isn’t that the perfect time to do an internal inventory of the equipment you already have?

 

Let’s look at the objectives of an asset tracking program. First, it should make a company more efficient – allowing them to know where a specific piece of equipment is and other pertinent information, i.e. maintenance information, etc. Now look at the alternative – companies spending thousands of dollars in man-hours alone searching for lost assets; purchasing unnecessary replacement equipment only to find the “lost” equipment later. In addition, unused assets may be an unnecessary tax liability and cause a company to overpay insurance premiums.

 

Implementing an effective asset tracking program is not terribly difficult. Different technologies are available, i.e. bar code and/or RFID depending on the needs of your specific company. Centennial Associates with MetalCraft labels help companies implement an asset tracking program.

 

We all need to be careful about how we spend our money these days. Companies with an effective asset tracking program will be ahead of the game when the economy turns around (and, yes, it will turn around). And seriously, who wouldn’t want that?

Reprinted with permission MetalCraft Blog Wednesday, August 19, 2009

 

Out of the Blue Request

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So your boss just told you he wants you to conduct an inventory of all equipment assets in your company valued at $250.00 and greater. He continues, let’s identify each item so that the next time this needs to be done, will be faster and easier. He says that he has seen good equipment sitting around, then out of nowhere a delivery shows up with new. What’s the story with that?  You’re not a big company but you are not small either and you’re all alone. What the heck am I to do, you think to yourself.  You have inventoried some supplies but that’s it, so much for experience with all this other equipment. With a few hundred employees there could be thousands of items; this is going to take forever. Think!

What’s your next step? The internet, there must be someone out there that does this, right? Gosh, what may be the key words or tags to look up under? Inventory? Too broad, how about equipment inventory, that might be too broad also. Let’s see, the boss wants to inventory and tag all the items. Tag with what? Barcodes!!!! OK, let’s look up barcode asset management inventory services, which should do it. No, let’s see if anybody does this in New York State. There that will do it; barcode asset management inventory services, New York State.

Let’s see what we come up with, you enter  in exactly what you are looking for and behold its right there, centennial associates.com, New York premier provider of accurate, cost effective bar code asset management inventory services covering all of the Northeast and Mid-Atlantic States. Check them out, looks like a solution for the situation, could be problem solved. Make a phone call for an appointment for a consultation 585-671-0544.

“Helping others get their ducks in a row” it’s not just our tag line

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“Helping others get their ducks in a row” it’s not just our tag line, it’s what we do. Using barcode technology, we locate, identify, tag and collect data on your valuable assets for asset and/or maintenance management. Whether your company or organization is large or small, there is cost savings in knowing what assets you own and where equipment is located. How many times have you purchased something only later find that there are spares recently discovered? Those are the dollars that can be saved through cost avoidance. Savings of millions dollars have been experienced in the first year from some case histories where baseline inventories discovered hidden assets then used to support procurement practices. Why buy something you already have but just not aware.

Since 1995, Centennial Associates, Inc. has provided inventory services and related asset management software and hardware to help companies big and small reduce expenses by as much as 10-20% annually. Our solution is a strategy that views asset management as a process not just a collection of hardware and software. Our inventory services support company asset management programs from implementation to updating information in existing programs. Let us help with your “ducks”, call 585-671-0544 today for a consultation and set up a pilot program to see what we can do for you.

Outsourcing Asset Management

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As with any asset management solution, the decision must be made between on-site asset management or choosing a provider to do it for you.  Since hosted asset management software is installed and administered by a third-party provider, the burden on internal teams is minimized, rollout is accelerated, and large upfront costs are virtually eliminated. Using a new asset management system is a big decision and there are several things you need to consider when making the decision to do something new.

  • how long will it take my staff to set up and use the new system?
  • will it be maintained correctly?
  • does my staff have enough time to devote to maintaining this system?
  • will i be able to read the reports when I need to?

Benefits of having Centennial Associates implement and maintain your asset management software are:

  • the burden on internal teams is minimized
  • you staff doesn’t need to be trained, reducing the cost of implementation
  • quicker roll-out
  • professionally maintained
  • Centennial Associates has very high integrity and is quick to remedy problems with your new system.

For further information, please call 585-671-0544. “Let us help keep your ducks in a row”, not just our tagline, it’s what we do.

www.centennialassociates.com

The Economic Impact of Asset Tracking

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You can’t turn on the news these days without hearing about how the economy is affecting one thing or another. I would like to take a radical glass is half full approach and look at how today’s economy could potentially have a positive impact on something - asset tracking. We all know budgets are tight and a lot of new equipment purchases are being delayed. Isn't that the perfect time to do an internal inventory of the equipment you already have? 

Let’s look at the objectives of an asset tracking program. First, it should make a company more efficient – allowing them to know where a specific piece of equipment is and other pertinent information, i.e. maintenance information, etc. Now look at the alternative – companies spending thousands of dollars in manhours alone searching for lost assets; purchasing unnecessary replacement equipment only to find the “lost” equipment later. In addition, unused assets may be an unnecessary tax liability and cause a company to overpay insurance premiums.

Implementing an effective asset tracking program is not terribly difficult. Different technologies are available, i.e. bar code and/or RFID depending on the needs of your specific company. Centennial Associates with MetalCraft labels help companies implement an asset tracking program. 

We all need to be careful about how we spend our money these days. Companies with an effective asset tracking program will be ahead of the game when the economy turns around (and, yes, it will turn around). And seriously, who wouldn't want that.
Reprinted with permission MetalCraft Blog Wednesday, August 19, 2009

      

Customer Service, an important aspect of any business

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Customer Service, an important aspect of any business, whether you are facility manager for a large corporation or an entrepreneur providing a service to a customer, how well you respond to a request or need, determines your level of success.

 

Yes, there may be times that you’re finding yourself bending over backwards to satisfy the customers request but when completed, the feeling of accomplishment overcomes the difficulty that you had to go through and everything becomes worthwhile. You have grown in stature and now are the “go to” guy or gal, the one who gets things done. If you’re working for a corporation, it is job security or as an entrepreneur it is a satisfied customer, repeat business and job security.

 

Centennial Associates, Inc is a company committed to providing service above the customer’s level of expectation to build customer satisfaction and develop healthy long term relationships. If by chance a mistake is made, we admit and correct quickly. When your company is considering a fixed, capital or maintainable asset inventory, call 585-671-0544 for a free consultation. Let us exceed your expectations.

The Value of an Experienced Team

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I’d like to expand on my last post on the Centennial Associates, Inc, “Looking Back”. The post talked about the value of experience when it comes to any project. With regard to Centennial’s unique service, bar code inventory services, our experienced team is like a well oiled machine. When we arrive on the first day, the team gathers in a pre-determined work area, reviews the scope of the project and acquaint themselves with the facility and facility drawings. Responsibilities are divided among the teams and off they go.

 

The synergies of our teams make and share improvements as they go. We always are looking for ways to do our job better to produce the highest quality product for our customer. Many improvements to our process have been implemented as a result. Every person on the team is self-directed and enjoys what they do. There is a sense of accomplishment as each project is completed.

 

One of the major changes brought about by team “brainstorming” a problem, was the digitization of a major customers “equipment catalog” that over the years had grown to more than 4,000 items. For this customer, the teams work with net book computers containing the catalog and has resulted in the reduction of man-hours and eliminated long days to complete on schedule.

 

Consider this experienced team when considering a fixed or capital asset inventory for your company. We help companies “get their ducks in a row”. Call 585-671-0544 for a free consultation and quote.

 

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