Asset Management

Asset management is a strategy for implementing efficient and effective upkeep of a manufactured item or property throughout its entire lifecycle. Physical asset management refers to the management of fixed or non-current assets such as equipment, paraphernalia, and plant. It dispenses a systematic approach to the management of all these assets from conception to disposal.
Workplace inspections and audits are not just a legal requirement but also a great way of keeping operations smooth. Detailed inspections allow you to prolong the value of your assets, keep your personnel safe from accident or injury, and spare you from any unforeseen downtime.
Inspectors and auditors can check, receive and carry out scheduled audits on their tablets or mobile phones, in any location. It helps your company achieve the highest benchmarks of productivity and smoothens the whole process. You will always lead the way towards success in the highly competitive global marketplace.
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Activities included in asset management are maintenance, repair, upgrades, and end-of-life disposition of the asset. In the past, asset management has not been seen as a specific professional activity, but now perceptions are changing. Organizations are investing in keeping a dedicated department for the management of assets.