ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

ASTM Standards address property management.

Print | 
Email |  Comment   Share  
January 23, 2009 - By covering process of receipt notification, ASTM standard E2606 allows control of equipment movement and custodial change, and will also promote accurate visibility of equipment location. Proposed standard WK17637 helps companies keep track of equipment through consistent identification. It provides standard approach for equipment managers to consider when physically marking equipment that will allow personnel to readily recognize ownership and promote effective management.

Equipment Movement and Identification To Be Covered in New and Proposed ASTM Property Management Standards

(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

ASTM International
100 Barr Harbor Dr., Box C700
West Conshohocken, PA, 19428-2959

Press release date: January 21, 2009

W. CONSHOHOCKEN, Pa., 21 January 2009-Any organization that owns and uses a variety of equipment must find ways to identify it and track its movement. A new standard and a proposed new standard being developed by ASTM International Committee E53 on Property Management Systems focus on these aspects of equipment ownership.

The new ASTM standard, E2606, Practice for Receipt Notification as a Result of Tangible Property Movement, and the proposed new standard, WK17637, Practice for Physical Identification of Entity Controlled Equipment, are under the jurisdiction of Subcommittee E53.01 on Process Management.


ASTM E2606 will allow for better control of equipment movement and custodial change by covering the process of receipt notification. The new standard will also promote the accurate visibility of equipment location.

According to Deborah Lamiroult, an E53 member and a property administrator, companies that use ASTM E2606 internally as well as in dealings with subcontractors will become more efficient in tracing the movement and control of property. The standard will be useful in increasing receipt notification for equipment usage and cut down on time spent tracking down such information.

"This new standard will apply to any organization that moves tangible property," says Lamiroult. "Large or small entities, regardless of commodity, should find ASTM E2606 beneficial." The subcommittee welcomes input and ideas from all interested parties for future revisions to ASTM E2606.

Referring to the Sarbanes-Oxley Act of 2002 that established or enhanced standards for all U.S. public company boards, management and public accounting firms, Lamiroult says, "Issues such as the Sarbanes-Oxley Act and diminishing work forces cry out for the use of standards. It's a win-win when there is consensus."

ASTM International standards can be purchased from ASTM Customer Service (phone: 610-832-9585; or at

Allowing companies to keep better track of equipment through consistent identification is the purpose of proposed standard WK17637. The proposed practice provides a standard approach for equipment managers to consider when physically marking equipment that will allow personnel to readily recognize ownership and promote effective management.

"Performing physical inventories has been a challenge," says Elizabeth Villeneuve, property manager, Northrop Grumman Corp., and an E53 member. "Using a scanner is the fastest way to complete an inventory, however, when you have to look for an identifying mark, it slows down the process considerably." The proposed standard, which will provide guidance for placing identification marks, will alleviate this problem, according to Villeneuve.

Equipment managers, users and operations personnel would all benefit from using WK17637.

For technical Information, contact: (E2606) Deborah Lamiroult, Bethpage, N.Y. (phone: 516-346-7361;; (WK17637) Elizabeth Villeneuve, Northrop Grumman Corp., Reston, Va. (phone: 703-345-8324;

ASTM International welcomes and encourages participation in the development of its standards. ASTM's open consensus process, using advanced Internet-based standards development tools, ensures worldwide access for all interested individuals. For more information on becoming an ASTM member, please contact Christine Sierk, ASTM International (phone: 610-832-9728;

Established in 1898, ASTM International is one of the largest international standards development and delivery systems in the world. ASTM International meets the World Trade Organization (WTO) principles for the development of international standards: coherence, consensus, development dimension, effectiveness, impartiality, openness, relevance and transparency. ASTM standards are accepted and used in research and development, product testing, quality systems and commercial transactions around the globe.
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


Post a comment about this story

(your e-mail address will not be posted)
Comment title:
To submit comment, enter the security code shown below and press 'Post Comment'.

 See related product stories
More .....
 See more product news in:
 More New Product News from this company:
ASTM Workshop to address additives in biomedical polymers.
Oil Training Course examines sampling, testing, evaluation.
Radiant Barrier Systems Standards approved by ASTM committee.
Training Course addresses hazards in oxygen systems.
More ....
| Featured Manufacturing Jobs
 Other News from this company:
ASTM/NIBS Workshop on Building Science Education in North America
Fatigue and Fracture of Metallic Medical Materials and Devices
ASTM International Compilation on Silica and Associated Respirable Mineral Particles
Guidance for Potential Solar Photovoltaic Investors to Be Provided in Proposed ASTM Standard
Test for Sustained Air Performance of Central Vacuum Cleaning Units Approved as ASTM Standard
More ....
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story
Search for suppliers of
Trade Associations

Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy

Error close

Please enter a valid email address