Track Every Asset from Purchase to Disposal
Complete Lifecycle Visibility. Total Cost Control.
AssetLab tracks assets through five lifecycle stages using straight-line depreciation, calculates total cost of ownership including maintenance and parts, and forecasts 10-year replacement needs. Know exactly when to replace, how much it'll cost, and whether to repair or retire.
The Hidden Costs of Poor Lifecycle Tracking
Without lifecycle visibility, you're flying blind on replacement timing, true costs, and repair vs. replace decisions.
The Five Lifecycle Stages
AssetLab automatically calculates lifecycle stage using straight-line depreciation. Each stage has different management priorities and cost implications.
Understand Your Asset Book Value
AssetLab uses straight-line depreciation to calculate annual depreciation, accumulated depreciation, and net book value (NBV) for every asset.
Lifecycle vs Condition Matrix
AssetLab plots every asset by lifecycle stage (depreciation %) vs current condition score. Different quadrants require different actions.
Click any quadrant to see specific recommendations for assets in that zone.
Know Your True Costs
Purchase price is just the beginning. AssetLab tracks all costs across the entire lifecycle to calculate true Total Cost of Ownership (TCO).
A $100,000 asset typically costs $200,000-$400,000 over its lifetime when you include maintenance, repairs, energy, downtime, and disposal. AssetLab tracks every dollar so you know true ownership costs.
Lifecycle Management in Action
Real scenarios showing how lifecycle tracking prevents premature replacement and optimizes TCO.