Apparatus and method for tracking and managing physical assets

Details Apparatus and method for tracking and managing physical assets Apparatus and method for tracking and managing physical assets

2006-12-19

2006-12-19

Trammell, James P. (Department: 3621)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Reexamination Certificate

active

07152035

ABSTRACT:
A computer based system automatically gathers, analyzes, and delivers information relating to the procurement and utilization of a plurality of such assets, such as a fleet of industrial equipment, so as to maximize productivity and to reduce operating costs and administrative burdens. Each of the assets is preferably provided with a data acquisition device for sensing and storing one or more operating characteristics associated therewith. That information can be transmitted through space to a receiver connected to a local controller for storing such information and for transmitting such information to a remote analysis system. The remote analysis system automatically updates individual records associated with each of the assets with the information received. In response to such information, the remote analysis system automatically analyzes the newly provided information and generates reports regarding scheduled maintenance, warranty coverage, and other management information. These reports and newly provided information can also be transmitted for review and usage by one or more additional parties including an asset owner who sets lease rates in part based on asset usage as determined from objective criteria.

REFERENCES:
patent: 4167699 (1979-09-01), Baker
patent: 5168445 (1992-12-01), Kawashima et al.
patent: 5875430 (1999-02-01), Koether
patent: 6003808 (1999-12-01), Nguyen et al.
patent: 6230081 (2001-05-01), Albertshofer
patent: 6347302 (2002-02-01), Joao
patent: 6502080 (2002-12-01), Eichorst et al.
International Search Report dated Mar. 1, 2005 (2 pages).

Affiliated with

Also associated with

Rating

Apparatus and method for tracking and managing physical assets does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Apparatus and method for tracking and managing physical assets, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Apparatus and method for tracking and managing physical assets will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-3655469