IT asset management is the process of accounting for the location and condition of all business assets. The goal is to optimize asset use, so that all asset lifecycles are as long as possible and the ...

Asset lifecycle management refers to the strategies used to extend the time that an asset functions. A longer asset lifespan means a more efficient business, so lifecycle management ultimately boosts ...

Getting the most out of your multimillion-dollar plant-floor investments requires sound asset management practices. Benefits—such as higher availability and lower costs—are the goals. John Berra, ...

Before going into greater detail, let’s begin with a generic, but universally applicable checklist approach for an effective asset management process. The first steps on this list involve identifying ...