Guide to Returnable Asset Management

If you're not using an asset tracking system, there's a good chance your business owns far more returnable assets than your records show.

“In many cases, companies discover they have 20–30% more cylinders than they thought after just a couple years of tracking,” says Doug O’Dell, Account Executive at TrackAbout. “That means the business was overcapitalized and undervalued — often by millions.”

He shares the story of a company that was sold under the assumption it owned 750,000 cylinders. After the sale, the new owners began using TrackAbout to track their containers — and soon discovered they actually had over one million in circulation, without having purchased a single additional unit. Considering each empty cylinder is valued at around $250, it was a significant and eye-opening discovery.