Asset Management is designed to help maintain control over organizational assets, perform financial accounting related to assets, calculate and maintain lease information, and provide a central repository for asset information. Asset decisions are made in repeatable and supportable ways, based on good data. Asset Management structure always includes continuous improvement cycles
Asset Management Software Helps For Create Spare Part list , Define Spare Part List required For asset, Define Spare Part Quantity required For Asset, Define Asset maintenance Alerts, Define Spare Part Maintenance Alerts, MIS Report.
Many organizations, regardless of size or field, will have physical assets that need to be tracked, categorized, and managed. From copiers to trucks, most objects your company purchases need to be recorded so they can be tracked by various facets of the business, from accounting to facilities management. As recently as a decade or so ago, this process was mostly handled through spreadsheets, with a manual inventory to update for changes. Someone would generate the asset report for accounting purposes and, if you were lucky, your spreadsheet supported formulas and macros to make it easier.
Asset management System maintain a repository of all the assets in the organization with in-depth visibility into how they are connected to each other. Minimize potential risk by identifying critical assets, and analyzing their impact.
Create spare part list
Define spare part list required for Asset.
Define asset Maintenance Alerts
Define Spare Part quantity required for Asset.
Define Spare Part Maintenance Alerts.
Master Equipment list.
Machine Spare part list.
Use Correct Spares
Track Maintenance Status
Track Maintenance Expenses