A method for use in an information handling system comprising a processor, an information handling resource communicatively coupled to the processor, the information handling resource including a controller and a temperature sensor for sensing a temperature associated with the information handling resource, and a management controller communicatively coupled to the processor and the information handling resource, and having stored thereon a program of instructions configured to perform thermal management of the information handling system, may be provided. The method may include periodically communicating information indicative of the temperature from the information handling resource to the management controller, storing by the management controller the information indicative of the temperature in a data record associated with the temperature sensor, and based on information stored in the data record, performing by the program of instructions closed-loop thermal management of the information handling system.