Bloomberg L.P.

Highlights

• Increased Efficiency: Switching from spreadsheets to Cheqroom significantly reduced time spent on equipment management tasks.
• Enhanced Tracking: Real-time updates allow for precise tracking of media gear across Bloomberg’s global locations. With a centralized system providing full inventory visibility, Bloomberg can ensure responsibility and traceability for all assets.
• Cost Savings: Fewer lost or misplaced items led to substantial operational cost savings.
• Quick Adoption: The user-friendly interface facilitated rapid staff adaptation, minimizing training requirements.

Challenge

Bloomberg L.P., a global leader in media production, faced significant challenges in managing an extensive inventory of over 800 pieces of media production equipment across multiple international locations. Traditionally reliant on spreadsheets, the company found this method increasingly cumbersome, with inefficiencies in tracking, potential for human error, and time-consuming updates impacting daily operations. The complexity of tracking equipment usage by multiple teams, including producers and photo shooters, demanded an efficient and reliable solution to ensure accountability and accessibility.

Results

By integrating Cheqroom, Bloomberg L.P. transformed their equipment management process. The platform enabled Bloomberg to streamline workflows, including equipment booking, dispatching, returns, and maintenance scheduling. With its user-friendly interface and mobile accessibility, Cheqroom provides real-time data accuracy and transparency, significantly reducing the risk of equipment loss or misplacement. This shift saved Bloomberg significant employee hours that were previously spent on manual inventory tasks. Cheqroom’s Bulk Items feature ensured meticulous tracking of even the smallest components, such as SD cards, improving precision in asset management. The platform's intuitive design and visual appeal facilitated swift onboarding and high adoption rates across teams.

By choosing Cheqroom, Bloomberg L.P. not only enhanced its equipment management efficiency but also set a new standard for accountability and operational excellence in media production.