WHY ASSET MANAGEMENT IS IMPORTANT

WHY ASSET MANAGEMENT IS IMPORTANT

Proper management of your company’s assets is arguably one of the most important parts of running a successful business. By managing you company’s assets in a more efficient manner, money and time can be saved immensely. This is especially true within the aviation industry. Within this industry, assets can be either physical, such as aircraft repair instruments, calibration tools and computers, or abstract, such as calibration schedules and financial information. Trying to keep track of either type can be extremely rigorous and time consuming, therefore, utilizing an asset management software can be very beneficial (and is highly recommended).

4 MAJOR BENEFITS OF ASSET MANAGEMENT
REDUCED DOWNTIME

By using an asset management system that is available anytime and anywhere, unnecessary downtime is reduced. Many new programs include mobile compatibility, which means you can access your asset records at the scan of your thumb. This cancels out old management techniques such as, Microsoft Excel spreadsheets and other spreadsheet programs.

EASY ACCESS

Access to asset management is simplified in new programs. As previous mentioned, the asset management system can be accessed on your phone. This feature is open to everyone associated with your company’s inventory. Old techniques that only allowed certain individual’s access to assets lead to many oversights and discrepancies. The new programs are designed to improve these obstacles.

FOD PREVENTION

Foreign object debris is a huge issue within the aviation industry. One benefit of using a new asset management software is prevention of FOD. For example, e2b calibration’s Anytime Assets, offers a transaction component, allowing you to check out equipment. This component allows you to know exactly where the asset is located or if it’s in transit to another location.

ALWAYS ON TIME

When using an asset management system, your routine maintenance and calibration will always be on time. New programs include custom alerts that remind you when calibration and repairs are due. This feature is extremely beneficial because you no longer have to count on looking through a planner or old paperwork to know when an asset is due for inspection.

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