Personal Property Management Principles
The following are the eight principles that govern the management of personal property:
1. Maximize the return on your investment.
2. Manage the inventory effectively.
3. Minimize the cost of your management systems.
4. Make excess the first source of supply.
5. Maximize reuse.
6. Meet national disposition objectives.
7. Enhance recycling and energy conservation efforts.
8. Ensure property managers are well trained.
Last Reviewed 12/11/2008