Asset Management Software Creates a Better Outlook on the Future

October 16, 2014

When it comes to running a facility, part of your job is taking care of the equipment. Whether it is a large packing plant that has packaging equipment worth tens of thousands of dollars or a maintenance department that takes care of a hospitality business where the major equipment may be as small as a lawnmower or pool pump. 

 

boardroom

No matter what the size, the equipment you use in your day to day operations is important to your job and being able to do what needs to be done.  

 

Create an Asset Plan

One thing that will help is to create an asset plan that is strategic and informative. Not only does this help keep up with costs but it helps to streamline the productivity in your maintenance facility. One of the most important steps is to have a record of every piece of important equipment so that you can include the original cost, upkeep costs, and the life expectancy of the equipment. Now many people use a spreadsheet or simply keep files on this information but this can be disorganized and even be lost due to computer failure or simply the fact that files are not all in one place. 

 

Track Equipment

With Asset Management Software, you have a place for everything. Each piece of equipment can be logged in and notes can be added as you go. For instance, it allows you to add in repair costs and dates and even has a helpful feature that gives you more data on the life expectancy of the equipment. This helps you determine whether it is more cost effective to repair the equipment or to replace it and can help when it comes to budgeting. Best of all, since the information is kept securely online, you don't have to worry about losing it or misplacing a file that has the original paperwork in it. In fact, you can even upload copies of the warranty so that you have it in two places and can easily find it. This is really handy when you need to refer to it if a repair is in question.

 

Also Read: Asset Software Helps Predict Breakdowns

 

No matter what kind of maintenance shop you run – from large to small – having the right plan in place is imperative to the success of your job and it makes things so much easier when you have Maintenance Facility Software.

 

Book Demo