What are the tasks of asset management in the enterprise? | iGuide

What does asset management in a business include?

iGuide Stories

What are the tasks of asset management in the enterprise?

This article will help you explore the important tasks in asset management of the enterprise. Asset management is not only monitoring and maintenance but also optimizing the use of assets to increase operational efficiency and profit. We will provide a detailed look at each task and how to implement it to help your business grow sustainably.

1. What is enterprise asset management?

Enterprise asset management is the process of managing and overseeing, protecting the assets of the enterprise, including tangible and intangible assets. The main goal of enterprise asset management is to ensure that all assets are used efficiently and protected from risks and damages.

Managing the process of using enterprise assets is an important task, requiring careful management and use of appropriate asset management tools to ensure that the enterprise's assets are used effectively and contribute to competitiveness in the market.

2. What tasks are involved in asset management in the enterprise?

Asset management in the enterprise includes many tasks and important responsibilities. The main goal is to protect owned assets and maximize their productivity to generate profits and mutual benefits.

3. Basic activities in enterprise asset management include:

Asset usage management, repair, and maintenance: Those responsible for asset management need to monitor and regularly check the status of assets. This inspection helps to detect issues early, conduct timely maintenance and repairs to ensure that assets operate at maximum capacity and meet production requirements.
Asset investment management: Asset management needs to regularly carry out procurement and upgrading activities to ensure productivity and quality when using assets.
Evaluation, quality check of assets: Evaluating and checking the quality of assets is an important task. Asset managers must conduct inspections and evaluations of asset conditions to have accurate information about the current situation and report to management. This helps identify assets showing signs of wear and tear, and possible reasonable solutions.
Asset depreciation management: Each type of asset has a different level of depreciation. Through regular checks, asset values can be evaluated and depreciated to plan and manage finances effectively.
Asset disposal: Faulty or obsolete assets that are no longer suitable for the production process can be disposed of. This process ensures the removal of non-useful assets and creates conditions for investment in new and more effective assets.