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A piece of equipment may have a physical location, an owning location, and an operating location. The physical location is where the piece of equipment is. An owning location is where the equipment is managed from when it is not on rent. An operating location is the location where the equipment is currently operating from.
For example, a piece of equipment may belong to an organization's Fargo branch, but currently is on loan to the Milwaukee branch where it was rented to client ABC. The piece of equipment will be recorded as having an owning location of Fargo, an operating location of Milwaukee, and a physical location of ABC site.
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All locations can be changed manually. In some cases, the system creates and records a location based on an event. For example, if the equipment is received to an inventory site that is not set up as a location, a location by the same name is automatically created in Equipment Management. Also, when a purchase order is saved, if no location exists in Equipment Management for the vendor, a location will be created and linked based on the format: VENDOR ID ADDRESS ID.
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