Retail
Asset Governance in Retail
Retail businesses manage assets across multiple stores, warehouses, and back-office functions — from shop fit and display fixtures to point-of-sale technology and refrigeration. Asset governance helps retailers control capex, accurately plan store refresh programmes, meet insurance requirements, and account for assets correctly at audit. High staff turnover and frequent store changes make manual tracking unreliable.
Example Assets
| Asset | Approx. Value | Ownership | Location | Insurance Consideration |
|---|---|---|---|---|
| Shop Fit, Fixtures & Display Units | £10,000–£500,000 per store | Store Manager / Property Team | Individual stores | Contents cover – fit-out often under-declared |
| EPOS Systems & Self-Checkout Units | £2,000–£20,000 per unit | IT / Store Manager | Tills and checkout areas | IT cover – high value but rarely individually logged |
| Refrigeration & HVAC | £5,000–£100,000 | Facilities Manager | Sales floor and stockroom | Plant cover – service histories often not linked to asset record |
| CCTV & Security Equipment | £1,000–£30,000 per site | Loss Prevention / Facilities | All stores | Included in contents – value hard to verify without register |
| Delivery Vehicles & Trolleys | £500–£40,000 | Distribution / Operations | Depots and stores | Fleet policy – often mixed with non-retail assets |
One Register. Total visibility.
Every asset - value, location, owner, condition and insurance status - in on place. Set alerts, assign accountability and export audit ready reports instantly.
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