Managing Assets

Realise value and long term benefits from managing your assets.

Managing Assets are the things you do to assets. Granted; an organization gains more value from Managing Assets within a structured Asset Management context.

But where to start?

You need to know what assets you have before you can formulate an Asset Management policy.
That’s sensible, is that what you were thinking?

Yes – then EPM Solutions can help, we can guide you along, every step of the way.

An Asset is; an item, thing or entity that has potential or actual value to an organisation.

Notes; Source; ISO 55000:2014 (3.2.1)

  1. Value can be tangible or intangible, financial or non-financial, and includes consideration of risks and liabilities. It can be positive or negative at different stages of the asset life.
  2. Physical assets usually refer to equipment, inventory and properties owned by the organization. Physical assets are the opposite of intangible assets, which are non-physical assets such as leases, brands, digital assets, use rights, licences, intellectual property rights, reputation or agreements.
  3. A grouping of assets referred to as an asset system could also be considered as an asset.

You need to have a benchmark of where your asset infrastructure is, in order to manage it on an ongoing basis. 
Poor information will lead to poor asset management.

EPM specialise in Asset Information, Knowledge and Implementation of Software Systems, it’s what we do 🙂

If you would like more information on how we can help with Management of your Assets or indeed the full range of services available from EPM then please contact us.