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Glossary

Get Your Maintenance Management Terminology Down!

Asset Management System

An asset management system is a software application used to track and manage physical and digital assets. It is designed to help organizations keep track of their assets, including their location, condition, and maintenance history. Asset management systems can also be used to monitor asset performance, identify potential risks, and optimize asset utilization. Asset management systems are used in a variety of industries, including manufacturing, healthcare, and transportation. They are also used to manage assets such as buildings, equipment, vehicles, and inventory.

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Our Blogs

With a quick Google search for “preventive maintenance software,” you’ll quickly find ...

23 Nov 2023

US manufacturing is making a coming back. McKinsey's research reported that, by ...

16 Nov 2023

Traditionally, maintenance tasks were often managed using paper-and-pen, relying on ...

15 Nov 2023

Maintenance, Repair, and Overhaul (MRO) ensures the optimal functioning and longevity of ...

10 Nov 2023

From manufacturing plants and healthcare facilities to transportation services, equipment ...

9 Nov 2023

As a maintenance professional, I've witnessed the incredible transformation our industry ...

6 Nov 2023

Maintenance and facility management functions are not just about preserving assets and ...

3 Nov 2023

There is much to consider when purchasing a Computerized Maintenance Management System ...

1 Nov 2023

Introduction Despite the growth in the Computerized Maintenance Management Software ...

26 Oct 2023

Facility management plays an important role in ensuring that organizations' ...

25 Oct 2023