Last year, an audit of Los Angeles Unified School District’s computer inventory revealed 230 devices, worth nearly $200,000, had been stolen or were missing. In addition, school officials weren’t able to account for another 3,105 laptops, desktops, and iPads. In 2013, an audit in the School District of Philadelphia found that 67% of the inventory selected for review could not be located. As schools continue to come under scrutiny because of tech equipment losses it is increasingly important for them to adopt best practices to avoid costly errors due to asset mismanagement.