Title and Description

Asset Disposal

To remove an asset from inventory due to damage,loss/theft or past its end-of-use life.

Responsible Department / Personnel

·             All Departments/Employees that have access to AssetPanda for Asset Audits can submit a Dispose Asset Request for asset to be removed/disposed from their inventory.

o    CrewLeaders, Account Managers,Production Managers, Branch Managers and Mechanics

o   Regional Managers- Accountability Partner

·             Shop Department Is the only department in the companyauthorized to remove an assetfrom inventory.

o    Asset Manager, Fleet Service Administrator

Completion Time and Frequency

·                 As needed.

·             Anasset can be removed from inventory if damaged and it is past its end-of-life use.

·                 If an asset is still within its life use date,but needs to be disposed:

o   Contact Branch Manager and Regional Managerbefore disposing.

Process

On your mobile application

·                 Open the Asset Panda app on your phone.

·                 Select “Assets” in the submenu.

·                 Scan or type your Asset or Serial Number.

·                 Click on the red circle with three white dots on the bottomright.

·                 Select “Dispose” on the submenu.

·                 Select the reason for disposal and add your notes

o    Why it was damaged or deemed a total loss; Accident/Incident etc.

o    Save your notes at the top right corner of the screen.

On your PC

·                Login to Asset Panda

·                Click on the “Asset” tab from the options abovescreen.

·        Type your asset number/serial numberon the search box.

·                Select asset.

·                Click Actions dropdownbox on right side of the screen

·                Select Dispose.

·                Select the reasonfrom drop down list add your notesand save.