To close our underground series, we look at the crucial principles of an underground inventory. Underground inspections are necessary for asset owners, who must know the current conditions of their facilities. Although underground systems can seem unfamiliar and foreign, the reality of their condition is easily identifiable to trained and prepared auditors.A routine inspection of each underground space is important for maintenance and safety. It benefits all parties involved, from asset owners to occupants, contractors and inventory personnel. Above all, regular inspections keep spaces organized and safe. Further, every State has environmental regulatory practices that must be adhered to. Regular audits ensure those regulations are met.
Truly credible auditors not only identity violations, trespass, and damage, but also track and report updates in real-time. When a hazardous condition is found, asset owners need the ability to quickly access information.
Here are five key principles for a successful underground inventory:
Information during an inspection must be relayed back to owners as quickly as possible. Good communication between key stakeholders is essential.
Owners of the space need to know:
- GPS location for each asset
- Photographs of each space
- Photographs of any damage, violation, or trespass
- Relevant notes about the audit
The ability to track and store asset attributes with visibility requires a program dedicated specifically to managing those assets. Pairing managed auditing services with an application such as a centralized, shared asset database helps drive better business decisions. An organized inventory is most successful in a one-stop-shop data management system that collects and creates reports, and sends real-time updates to assist with planning cost-effective actions to deploy equipment.
Unfortunately, damage and trespass are common in underground spaces everywhere. Taking regular inventory of underground assets is vital to revenue growth, customer satisfaction, and company-wide longevity.
Keeping track of the following factors can increase profit, while maintaining or gaining competitive advantage: where occupants are located in your system; which occupants are permitted in your system; and which occupants and contractors are adhering to safety regulations and construction best-practices.