Strategic Asset Management

Topics:
Asset Management,
Capital Equipment,
Disaster Planning and Management,
Enterprise Resource Planning,
Working Capital
Tags:
Asset,
Asset Management,
Asset Management System,
Business Operations,
Operational Planning
Source:
IBM

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Overview: An effective asset management system is designed to increase asset and resource effectiveness by providing a platform to support all types of asset classes and all types of work in a dynamic organization. In fact, proper use of an asset management system can significantly help maximize the utilization of both operating and IT assets and help reduce costs to ultimately provide a solid return on asset (ROA).

In this video, Enterprise Asset Management: Cost Avoidance, learn how successful organizations use asset management as part of an overall to save money by avoiding unnecessary costs in the first place:

  • Learn how an effective asset management system provides visibility into the future needs of your organization to utilize your workers more efficiently and take better care of your assets
  • Discover the true value of consolidating information from multiple projects to make sure you have the right assets on hand when you need them
  • Gain a better understanding of the concept of cost avoidance when you're able to look at the entire range of projects in similar areas of your business.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Sep 2009


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