IT Asset Lifecycle Management overview

Manages the full lifecycle of IT assets from procurement through disposal -- auditing hardware and software asset inventories against CMDB records, tracking warranty and license expiration dates, evaluating asset utilization for right-sizing or decommissioning, ensuring secure data-wipe and disposal compliance for end-of-life hardware, reconciling cloud resource tags with financial ownership, and forecasting refresh cycles. Produces asset inventory reconciliation report and refresh budget request. Excludes procurement execution.