Hard Asset Management

Here are some points of how Lennihan Services is involved in hard asset management:

  1. Acquisition: Lennihan Services may help its clients to identify and acquire new assets that are needed for their operations. This may involve sourcing and purchasing assets from suppliers, negotiating contracts, and managing the logistics of getting the assets to the client's location.

  2. Maintenance and repair: Lennihan Services may be responsible for coordinating the maintenance and repair of the assets that it manages. This may involve scheduling regular maintenance and inspections, as well as responding to any issues that arise with the assets.

  3. Disposal: When assets are no longer needed or have reached the end of their useful life, Lennihan Services may be responsible for disposing of them in a responsible manner. This may involve decommissioning the assets, selling them, or recycling them.

  4. Inventory management: Lennihan Services may be responsible for tracking and managing the inventory of the assets that it manages. This may involve keeping records of the assets, including their location, condition, and maintenance history.

  5. Risk management: Lennihan Services may be responsible for identifying and mitigating risks associated with the assets that it manages. This may involve implementing measures to prevent accidents or damage, as well as developing contingency plans in case of emergencies.

By providing these services, Lennihan Services can help its clients to effectively manage and oversee their physical assets, ensuring that they have the resources they need to operate effectively and efficiently.