The asset management program decreases maintenance and utility expenses by providing a systematic instrument replacement program with using capital funds. The program eliminates the risk of project or technology obsolescence and maximizes equipment residual value. New equipment increases productivity by decreasing equipment size and down time while increasing sensitivity, functionality, speed, and regulatory compliance. The asset management program eliminates equipment depreciation and related expenses (write-off, transport, storage, disposal, and personnel). Generally, employee retention and new employee recruitment is enhanced by providing state-of-the-art equipment and facilities.