Asset Disposition

An asset’s disposition is the combination of the asset’s location (storage location or asset location) and status. An asset’s disposition changes throughout its lifecycle as the asset is moved between locations and service statuses.

The number of assets able to be installed at a location must be valid for the asset relationship (Multiple, Single) defined for the “Number of Assets Allowed” parameter on the location type.

Implementers can create additional asset dispositions; however, each asset disposition must indicate whether the disposition will represent an Installed or Not Installed asset and whether the asset is to be maintained by Inventory.

Some examples of Asset Disposition combinations are as follows:

• When an asset is received from the manufacturer, its disposition is In Receipt at the receiving warehouse.
• When an asset is being inspected, its disposition is In Stores at the receiving warehouse.
• When an asset is moved into a storeroom, its disposition is In Stores at the storeroom.
• When an asset is moved into a service vehicle, its disposition is In Stores at the service truck.
• When an asset is installed at a service point, its disposition is Installed at the service point.
• When an asset is being repaired, its disposition is In Repair at the meter shop.
• When an asset is retired from service, its disposition is Retired at the storeroom.
• When an asset is transitioning from In Stores to Installed or Installed to In Stores, Repair, or Retired, its disposition is Pending Disposition in the system.