asset management georgia nigp fall 2012 workshop

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STEVE EKIN SURPLUS DIVISION GA DEPARTMENT OF ADMINISTRATIVE SERVICES Asset Management Asset Management Georgia NIGP Fall 2012 Workshop

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Asset Management Georgia NIGP Fall 2012 Workshop. Steve Ekin Surplus Division GA Department of Administrative Services. Could this happen to you?. UGA property is missing - or is it? Posted: Sunday, February 24, 2008 - PowerPoint PPT Presentation

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Page 1: Asset Management Georgia NIGP Fall 2012 Workshop

STEVE EKINSURPLUS DIVISION

GA DEPARTMENT OF ADMINISTRATIVE SERVICES

Asset ManagementAsset Management Georgia NIGP Fall 2012 Workshop

Page 2: Asset Management Georgia NIGP Fall 2012 Workshop

Could this happen to you?

UGA property is missing - or is it?Posted: Sunday, February 24, 2008

Nearly $150,000 worth of state-owned property was reported stolen from the University of Georgia campus last year.

Page 3: Asset Management Georgia NIGP Fall 2012 Workshop

Terms

Ownership – Having legal or rightful title to property

Responsibility – Answerable for the assetAccountability – Possess and have use of

asset (custodian)

Page 4: Asset Management Georgia NIGP Fall 2012 Workshop

Count everything?

What needs to be controlled?

To what level?

Considerations Business Needs Cost Type of Asset Insurance/RM Level of compliance Technical capability Staff resources Cost of control vs. loss

Page 5: Asset Management Georgia NIGP Fall 2012 Workshop

Asset Asset Management is Management is more than more than inventory…inventory…

15 Distinct components to Property Control System

Additional policies or functions that impact asset management:

Accounting

Risk Management

Fleet Management

HAZMAT

Page 6: Asset Management Georgia NIGP Fall 2012 Workshop

Asset Management Basics

Requirements SOW/PR What is needed? Do we have a suitable

item on hand?Acquisition

PO Make Model Description Vendor

Receiving Must be separate from

purchasing Must have copy of PO

before receipt Must have authority to

reject Centralized vs.

Decentralized HAZMAT/Classified Reports

Page 7: Asset Management Georgia NIGP Fall 2012 Workshop

Asset Management Basics

Identification Well versed in policy Marking types Have codes on-hand RFID

Storage & Warehousing Type of storage Layout Equipment Warehouse Mgmt

System

Movement Temporary Transfers Permanent Transfers

Maintenance PMS Repair or Replace?

Page 8: Asset Management Georgia NIGP Fall 2012 Workshop

Asset Management Basics

Physical Inventory Frequency Types Variance

Utilization Is it being used? Meet life cycle? Redistribute?

Disposition Authorization Disposal method

Trade-in Exchange Sale Sale Recycling Destruction

Retirement

“Waste is a resource in the wrong place”

Page 9: Asset Management Georgia NIGP Fall 2012 Workshop

Benefits

Maximize Return on InvestmentFacilitate ComplianceMaximize ReutilizationDepreciation

Page 10: Asset Management Georgia NIGP Fall 2012 Workshop

Contact

GA Department of Administrative ServicesSurplus Division200 Piedmont Ave. Suite 1820WestAtlanta, GA 30334-9010

Steve Ekin, DirectorO: 404-656-6871F: [email protected]

Page 11: Asset Management Georgia NIGP Fall 2012 Workshop

Surplus Links

DOAS State Surplushttp://doas.ga.gov/StateLocal/Surplus/Pages/Home.aspx

GSAxcess Federal Surplushttp://gsaxcess.govUser: 4757GA Password: GASURPLUS

DOAS Websitehttp: http://doas.ga.gov/Pages/Home.aspx

Page 12: Asset Management Georgia NIGP Fall 2012 Workshop

National Property Management Association

Property manager’s equivalent to NIGP60 chapters worldwidePromotes standards3 levels of certification

CPPS – Certified Professional Property Specialist CPPA – Certified Professional Property Administrator CPPM – Certified Professional Property Manager

npma.org

Page 13: Asset Management Georgia NIGP Fall 2012 Workshop

Questions