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Feature: values in the database

Becky
by Becky

Everything reused via Warp It has a value attached to it. This is so accurate data and reports on the values of reuse can be created.

Here is a guide on how this data is created.

Behind the user interface of Warp It is a big database consisting of every different type of category and sub-category of assets, stationery, furniture, and equipment that organisations traditionally procure.

Against each sub-category we’ve got a replacement cost value as a unit currency. This was estimated by taking the cheapest option and the premium option for an asset and finding a reliable medium.

We’ve also got weight (KG); so how do we get this figure without weighing everything?

We received figures from Google and reference documents, giving average weights for the different assets. This is for everything from pens and pencils to sofas and cabinets.

What about items that we don’t have in our database?

Every now and again we're presented with a unique item that challenges our database.

In these instances, we ask the user who listed the item to specify the new sub-category, a replacement cost and a weight estimate.

Then we check these figures against Google and our reference documents, before adding it to our database.

Why is this important to know?

This is important because you want robust data to report to Senior Management about your reuse activities, and demonstrate the value reuse brings to your organisation.

You want to show it’s a worthwhile activity, that it saves money, and helps the environment, and that if the Government asks you for your reporting one day, you have it all.

You might also want to get more funding for expanding your reuse project and reporting data will really help this.

Need help? 

To book a screen share session to learn more, or get help on any other Warp it features, please get in touch and email becky@warp-it.co.uk.

 

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Becky

Becky

Reuse is a simple solution for a big problem. I am here to help you understand the story and participate!

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