Asset management is the practice of managing and optimizing an organization's physical and financial assets to maximize value and minimize costs and risks. Asset managers oversee tasks like inventory management, financial analysis, and risk management to ensure efficient and effective use of assets and achieve organizational goals.
Companies rely heavily on their assets and equipment to drive productivity and profitability. To ensure that these valuable assets perform at their peak for as long as possible, efficient maintenance workflows and routine inspections are essential.
In this article we’ll explore the benefits and applications of asset tagging in maintenance and how you can implement it yourself with a quick step-by-step guide.
