We have lifespans against equipment type (majority) and equipment model(minority).
Obviously a lifespan against a specific model takes precedence over a generic equipment type.
By using this and the purchase date, we can formulate the 'generic' estimated replacement date.
We set the following margins for our reports:
£50-£4,300 for revenue equipment (which covers sub £1k items) i.e. revenue
£4300+ for Capital equipment
To be honest however given that the majority of equipment since purchase has increased its price by ~30% due to technology and inflation, you could probably stretch the margin to £3,500 as a starter for capital.
Sub £5k kit typically represents around 20% of your Trusts financial value and probably 60+% of your asset holdings so you could say that technically this is a lower spend area for a higher gain!
Most Trusts have a great/good capital replacement scheme funded centrally, however lack with revenue equipment as it is farmed out to the service leads/divisions/directorates etc - its worth a case to try to centralise this also for an 'assistive programme'
We provide online SSRS reports from our database for capital, revenue and inventory so that our customers can see when the stuff 'is suggested' to be replaced.
Last edited by Joe Emmerson; 16/12/14 7:58 PM.