GTM's lab asset management program is designed to help managers gain control over lab operations in a short amount of time. The program includes a physical audit and photographic documentation of all laboratory capital assets. This data is used to populate an asset management software program that allows lab managers to schedule lab equipment usage and project assignments while tracking asset maintenance schedules and activities. The program runs on any computer running a Windows operating system.

A  Laboratory Asset Utilization Analysis examines how assets are being used and - just as importantly - when and why they are not being used. The output of this analysis can often identify lab assets that are redundant, inaccessible, inadequately maintained, or lack the functionality to meet the requirements of lab users. It is not unusual for underperforming assets to be rehabilitated with minimal effort and expense once the issue is uncovered, allowing the asset to return to productive service and contribute to the project performance and overall ROI of the lab.

The Laboratory Asset Workflow Analysis creates information tools that allow stakeholders to visualize asset utilization in the context of activity sequences and to understand the effects of temporal, and spatial  usage constraints on lab resources, productivity and project performance.

We perform Laboratory Asset Resource-based Needs Assessments to compare the available lab resource pool with current and expected resource requirements - after adjusting for the implementation of efficiencies identified in the Lab Asset Utilization Analysis and the Lab Asset Workflow Analysis. The output of the Needs Assessment is a zero-based summation of lab workload commitments versus available assets, and the delineation of asset shortfalls or surpluses by asset type.

An Incremental Lab Asset Lease vs Buy Assessment examines any asset shortfall identified by the Lab Asset Resources-based Needs Assessment and performs an analysis of available asset buying and/or leasing channels to establish and quantify the benefits of different acquisition options, presenting stakeholders and decision makers with the information tools to make an informed acquisition choice.

The Lab Asset Security practice addresses the needs and issues of laboratories that have a significant number of mobile laboratory assets or that allow for the inter-laboratory movement of assets to off-site laboratories. These laboratories are at higher risk of asset loss or damage. Lab Asset Security offers tailored solutions such as wireless asset tracking systems to protect the value of non-stationary lab assets.