Asset Record Duplication for Leasing Policy Assignment
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Solution Overview
Problem
The transportation industry faces challenges in efficiently leasing and managing transportation assets, including difficulties in assigning and tracking assets, as well as applying policies to these assets, which can be time-consuming and complex.
Innovation Solution
A computing device-based asset management system that allows for the easy leasing of assets by duplicating asset records, assigning policies based on lessees, and providing pointers within the asset records, enabling group selection and automatic assignment of assets, along with sensor data management and geofencing for efficient asset tracking and notification.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If manual asset assignment and policy tracking is used, then flexibility in asset management is maintained, but the process becomes time-consuming and complex
Solution Approach 1:
The system pre-generates duplicate asset records in advance, so when a leasing indication is received, the asset can be immediately assigned to the lessee without manual creation of records. This preliminary preparation of duplicate records eliminates the time-consuming manual asset assignment process while maintaining flexibility.
Solution Approach 2:
The system creates duplicate copies of asset records that can be independently managed and assigned to different lessees. These duplicate records contain all necessary asset information and can be quickly allocated, tracked, and returned, significantly reducing the time required for asset management operations compared to manual processes.
2Reliability
If individual asset tracking is implemented, then asset location and status can be monitored, but the complexity of managing multiple assets increases
Solution Approach 1:
The system merges the management of multiple duplicate asset records under a unified asset management framework. All duplicate records are stored and managed in a single database system with consistent policies applied, reducing operational complexity while maintaining reliable tracking of each individual asset's location and status through centralized management.
Solution Approach 2:
The asset management system is designed to handle multiple asset types and tracking requirements through a universal platform that can manage duplicate records for various assets simultaneously. The system applies universal policies and tracking mechanisms across all assets, reducing the complexity that would arise from managing separate systems for each asset.
3Extent of automation
If duplicate asset records are created for lessees, then policy assignment becomes automated, but data management complexity increases
Solution Approach 1:
The system implements feedback mechanisms where the asset management system automatically detects when assets are returned and triggers the deletion of corresponding duplicate records. This automated feedback loop ensures that data management remains simple despite creating duplicate records, as the system self-regulates the data lifecycle without manual intervention.
Solution Approach 2:
The system automatically discards duplicate asset records when they are no longer needed (when assets are returned), and recovers storage space. This automated cleanup process prevents data accumulation and maintains simple data management structures, allowing the system to create duplicate records for automation without long-term data complexity.
Data Source
AI summary
A method at a computing device within an asset management system, the method including receiving a leasing indication at the computing device, the leasing indication providing at least one asset in the asset management system is leased to a lessee; duplicating an asset record for each of the at least one asset, created a duplicated record; assigning a policy based on the lessee to the duplicated record; and providing a pointer within the asset record to the duplicated record.