Environmental, Social, and Governance (ESG) practices have emerged as a critical framework for organizations striving to achieve sustainable and responsible business operations. As companies across the globe recognize the urgent need to address environmental, social, and governance issues, the role of Information Technology Asset Management (ITAM) in facilitating these practices has become increasingly evident. In this article, we will delve into the significance of ITAM for ESG practices and explore how it can contribute to creating a better world.

The advent of the digital world revolutionized how people buy goods and services, offering them comfort, choice, and ease through e-commerce. As the e-commerce universe expands day by day, businesses are continuously seeking emerging technologies to make their operations more efficient and offer customers a better shopping experience. One technique increasingly utilized by many firms today is the use of large poly bags for efficient order fulfillment.

Managing the lifecycle of assets plays a significant role in how organizations monitor, maintain, and enhance their assets from the moment they are obtained until they are disposed of. This proactive strategy guarantees that both physical and intangible assets are utilized to their potential throughout their lifecycle, leading to increased efficiency and overall success for businesses. In this article, we will explore the stages of asset lifecycle management and discuss some effective strategies for handling assets from inception to retirement.