Track Every Asset from Purchase to Disposal
Complete Lifecycle Visibility. Total Cost Control.
Track assets through five lifecycle stages using straight-line depreciation, calculate total cost of ownership, and forecast 10-year replacement needs.
The Hidden Costs of Poor Lifecycle Tracking
Without lifecycle visibility, you're flying blind on replacement timing and true costs.
Premature Replacement
Replacing assets at 70% lifecycle instead of optimizing to 100%
Unknown True Costs
Maintenance, parts, and energy costs not tracked—TCO unknown
No Replacement Plan
Assets hit end-of-life with no capital budget—emergency scrambles
The Five Lifecycle Stages
AssetLab automatically calculates lifecycle stage using straight-line depreciation. Each stage has different management priorities.
Assets in prime operating years. Routine maintenance established, performance stable, cost-effective operation.
Understand Your Asset Book Value
AssetLab calculates annual depreciation, accumulated depreciation, and net book value for every asset.
Asset Details
Depreciation Metrics
Lifecycle vs Condition Matrix
Plot every asset by lifecycle stage vs current condition score. Different quadrants require different actions.
Click any quadrant to see specific recommendations.
Know Your True Costs
Purchase price is just the beginning. AssetLab tracks all costs across the entire lifecycle.
Purchase & Installation
Original purchase cost plus delivery, installation, commissioning, training, and startup expenses
Preventive Maintenance
Scheduled PM labor, inspections, lubrication, calibration, and routine servicing over asset life
Repairs & Parts
Emergency repairs, component replacements, spare parts inventory, and corrective maintenance costs
Energy & Utilities
Electricity, fuel, water, compressed air, and other operational energy costs over lifetime
Downtime Costs
Lost production, revenue loss, overtime labor, and expedited shipping during failures
Disposal & Replacement
Decommissioning, disposal fees, environmental compliance, salvage recovery, and removal costs
A $100,000 asset typically costs $200,000-$400,000 over its lifetime when you include maintenance, repairs, energy, downtime, and disposal.
Lifecycle Tracking That Pays Off
"Lifecycle tracking showed we were replacing equipment at 70% depreciation when it could safely run to 100%. We extended asset life by 8 years on average, saving $4.2M in premature replacements."
"The 10-year replacement forecast was a game-changer for capital planning. We could see exactly when assets would reach end-of-life and budget accordingly. No more emergency funding requests."
"TCO tracking revealed maintenance costs were 32% of purchase price annually for some equipment—way above the 15% replacement threshold. We replaced 8 assets early and cut maintenance costs 65%."