ASTM E2497-06

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Designation:E2497–06
Standard Practice for
Calculation of Equipment Movement Velocity (EMV)
This standard is issued under the fixed designation E2497; the number immediately following the designation indicates the year of
original adoption or, in the case of revision, the year of last revision. A number in parentheses indicates the year of last reapproval. A
superscript epsilon (´) indicates an editorial change since the last revision or reapproval.
1. Scope 3.2 It is intended that this practice foster and enable addi-
tional practices related to or based on equipment movement
1.1 This practice calculates equipment movement velocity
velocity (EMV) information.
(EMV) based on the movement of equipment.
3.3 This practice enables effective and consistent commu-
1.2 There is no existing, recognized practice for calculating
nication and trend tracking over time regarding EMV.
EMV.
3.4 Calculating, recording, tracking, and comparing the
1.3 This practice is designed to be applicable and appropri-
computed EMV will provide comparative insight into the
ate for all equipment-holding entities.
operational complexity of the entity. Determination of the
1.4 This practice does not cover material inventory. Inven-
component parts of the EMV calculation will provide informa-
tory velocity (or inventory turns) is extensively described and
tion on the number of acquisition, disposition, and movement
discussed in supply chain literature and is based on throughput
transactions and, viewed separately, will serve as a useful
rather than movement transactions.
insight.
1.5 EMVcan be calculated for the entirety of the equipment
3.5 Clarifying Comparative Example:
inventory of the entity or any defined subset, including
3.5.1 Entity 9A9 has few pieces of equipment that are of a
individual items of equipment.
high dollar value but have been in place for many years and
1.6 This standard does not purport to address all of the
seldom move. These items are tracked to the site physical
safety concerns, if any, associated with its use. It is the
location level (PLL). Entity 9A9 will have an EMV near 0.0.
responsibility of the user of this standard to establish appro-
This will be an accurate reflection of the record keeping and
priate safety and health practices and determine the applica-
transactional risk associated with the management of equip-
bility of regulatory limitations prior to use.
ment within the entity.
2. Terminology
3.5.2 Entity B has over 5000 pieces of equipment that it
tracks to the room PLL.As most of these items are information
2.1 Definitions of terms specific to this standard:
technology related, they typically have a useful life of a little
2.1.1 equipment movement velocity (EMV), n—rate at
over three years, after which they are donated to local schools.
which equipment moves into, within, and out of the account-
These items are moved from person to person and room to
ability system of an entity.
room very frequently for operational purposes. Entity B will
2.1.2 portable equipment, n—equipment not tracked to a
have a high EMV, perhaps 3.0 or above. This will be an
physical location level because the nature of the equipment
accurate reflection of the record keeping and transactional risk
usage requires a high degree of flexibility in its physical
associated with the management of equipment within the
location.
entity.
2.2 Acronyms:
2.2.1 EMV—Equipment movement velocity.
4. EMV Calculation
2.2.2 PLL—Physical location level.
4.1 EMV is calculated and communicated in terms of a
3. Significance and Use specific PLL.
4.2 Movement transactions as used in this practice include
3.1 This practice establishes a standard calculation repre-
acquisitions of equipment, changes in the recorded physical
senting the operational fluidity of equipment used by an entity.
location of equipment, and disposition of equipment.
4.2.1 Changes in location include movement transactions
This practice is under the jurisdiction of ASTM Committee E53 on Property
recorded in the applicable equipment record system and may
Management Systems and
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