Asset Management, the Importance, and How it Can Save Time in the Long-Run
Asset management is simply the tracking of company-owned property (assets). The goal is to know where these items are located, how they are used, and when changes are made to them.
The reasons for wanting to track assets are numerous but these are a few that stand out:
1. Increase Workplace Efficiency
2. Reduce Time Spent locating assets
3. Reduce Money Wasted replacing misplaced or misused assets