1. Identify assets in system.
2. Clean up information in the CMDB. Remove info that is obsolete or invalid. Ensure that all remaining info is accurate and complete
3. Create categories of asset models such as computers, servers, printers, and software.
4. Create asset models.
5. Create individual assets, such as hardware, consumables, and software licenses.
6. Manage assets by counting software licenses, viewing assets that are in stock, setting asset states and substates, and analyzing unallocated software.